Reading Hayek in the 21st Century

Reading Hayek in the 21st Century PDF Author: T. Papaioannou
Publisher: Palgrave Macmillan
ISBN: 9780230301627
Category : Political Science
Languages : en
Pages : 221

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Book Description
Papaioannou offers a radical new reading of Hayek in the 21st century, arguing that the moral dimension of his political theory is based on the methodological implications of an epistemologically founded morality, a morality that must respect the natural limits of human knowledge.

Reading Hayek in the 21st Century

Reading Hayek in the 21st Century PDF Author: T. Papaioannou
Publisher: Palgrave Macmillan
ISBN: 9780230301627
Category : Political Science
Languages : en
Pages : 221

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Book Description
Papaioannou offers a radical new reading of Hayek in the 21st century, arguing that the moral dimension of his political theory is based on the methodological implications of an epistemologically founded morality, a morality that must respect the natural limits of human knowledge.

Hayek vs Keynes

Hayek vs Keynes PDF Author: Thomas Hoerber
Publisher: Reaktion Books
ISBN: 1780237782
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
Few thinkers better encapsulate the two polarities of economic and social thought in the twenty-first century than Friedrich Hayek and John Maynard Keynes. Wrestling with the horrors of world wars, the atrocities of fascist regimes, the hungers of the Great Depression, and the turbulence of political ideologies as they grew evermore pitted against one another, both sought a cure for modernity’s terrible problems and a safeguard against future catastrophes—a task that would leave them with completely different conclusions. In this book, Thomas Hörber offers a clear historical account of the work of these two great figures of modern economic thought. Hoerber looks at the two central works that would alter the course of economic thought: Keynes’s The General Theory of Employment, Interest, and Money and Hayek’s The Road to Serfdom. Placing them within the context of the devastation that followed World War I, he explains how the historical conditions in which these books were written help us better understand how their lessons can illuminate the economic and political phenomena of our own era, such as the recent financial crisis, globalization, and European integration. He shows how Keynes’s emphasis on government regulation through monetary and fiscal policy and Hayek’s great cautions against the tyrannies that can so easily arise from central planning have led to competing schools of economic thought. Making accessible classic economic theory and employing a qualitative method of economics, he offers an articulated account of how history has led to our current economic environment. With a broad perspective and incisive but clear examinations of important economic theories, this book places the two great economists of the twentieth-century within their historical context, illuminating how much we have learned—and can still learn—from them both.

F. A. Hayek

F. A. Hayek PDF Author: Peter J. Boettke
Publisher: Springer
ISBN: 1137411600
Category : Business & Economics
Languages : en
Pages : 323

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Book Description
This book explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Set within a context of the recent financial crisis, alongside the renewed interest in Hayek and the Hayek-Keynes debate, the book introduces the main themes of Hayek’s thought. These include the division of knowledge, the importance of rules, the problems with planning and economic management, and the role of constitutional constraints in enabling the emergence of unplanned order in the market by limiting the perverse incentives and distortions in information often associated with political discretion. Key to understanding Hayek's development as a thinker is his emphasis on the knowledge problem that economic decision makers face and how alternative institutional arrangements either hinder or assist them in overcoming that epistemic dilemma. Hayek saw order emerging from individual action and responsibility under the appropriate institutional order that itself emerges from actors discovering new and better ways to coordinate their behavior. This book will be of interest to all those keen to gain a deeper understanding of this great 20th century thinker in economics.

Reading Hayek in the 21st Century

Reading Hayek in the 21st Century PDF Author: T. Papaioannou
Publisher: Springer
ISBN: 1137283629
Category : Political Science
Languages : en
Pages : 221

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Book Description
Papaioannou offers a radical new reading of Hayek in the 21st century, arguing that the moral dimension of his political theory is based on the methodological implications of an epistemologically founded morality, a morality that must respect the natural limits of human knowledge.

Hayek's Journey

Hayek's Journey PDF Author: A. Ebenstein
Publisher: Springer
ISBN: 1403973792
Category : Business & Economics
Languages : en
Pages : 294

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Book Description
While Alan Ebenstein's biography of Friedrich Hayek was the first biography of this major twentieth century thinker, the book itself was not - per se - an intellectual biography. Hayek's Journey will be the follow-up volume that will give readers an in-depth look at the evolution of his thought, the influence of the Austrian School of Economics, the roles of Wittgenstein, Freud and Kant in his thinking; his relationship with Karl Popper, etc. This will become a classic of Hayek scholarship by the author credited with writing the first biography of a man who is now widely-regarded as a seer in relationship to the course of the twentieth century.

Hayek on Liberty

Hayek on Liberty PDF Author: John Gray
Publisher: Routledge
ISBN: 113469010X
Category : Political Science
Languages : en
Pages : 197

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Book Description
Not available since the 1980s, this up-dated edition by the leading political philosopher, John Gray, outlines his new position on Hayek. In a substantial new chapter, Gray assesses how far the historical development of the last ten years can be deployed in a critique of Hayek's thought. His reassessment is not only a provoking study of a classical philosopher. It is also a timely contribution to the debate over the future of conservatism, as Gray argues that Hayekian liberalism - 'the most well-articulated political theory of the new right' - is flawed.

Keynes Hayek: The Clash that Defined Modern Economics

Keynes Hayek: The Clash that Defined Modern Economics PDF Author: Nicholas Wapshott
Publisher: W. W. Norton & Company
ISBN: 039308311X
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
“I defy anybody—Keynesian, Hayekian, or uncommitted—to read [Wapshott’s] work and not learn something new.”—John Cassidy, The New Yorker As the stock market crash of 1929 plunged the world into turmoil, two men emerged with competing claims on how to restore balance to economies gone awry. John Maynard Keynes, the mercurial Cambridge economist, believed that government had a duty to spend when others would not. He met his opposite in a little-known Austrian economics professor, Freidrich Hayek, who considered attempts to intervene both pointless and potentially dangerous. The battle lines thus drawn, Keynesian economics would dominate for decades and coincide with an era of unprecedented prosperity, but conservative economists and political leaders would eventually embrace and execute Hayek's contrary vision. From their first face-to-face encounter to the heated arguments between their ardent disciples, Nicholas Wapshott here unearths the contemporary relevance of Keynes and Hayek, as present-day arguments over the virtues of the free market and government intervention rage with the same ferocity as they did in the 1930s.

The Road to Serfdom

The Road to Serfdom PDF Author: F. A. Hayek
Publisher: Routledge
ISBN: 1317541987
Category : Business & Economics
Languages : en
Pages : 296

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Book Description
A classic work in political philosophy, intellectual history and economics, The Road to Serfdom has inspired and infuriated politicians and scholars for half a century. Originally published in 1944, it was seen as heretical for its passionate warning against the dangers of state control over the means of production. For Hayek, the collectivist idea of empowering government with increasing economic control would lead not to a utopia but to the horrors of Nazi Germany and Fascist Italy. This new edition includes a foreword by series editor and leading Hayek scholar Bruce Caldwell explaining the book's origins and publishing history and assessing common misinterpretations of Hayek's thought. Caldwell has also standardized and corrected Hayek's references and added helpful new explanatory notes. Supplemented with an appendix of related materials and forewords to earlier editions by the likes of Milton Friedman, and Hayek himself, this new edition of The Road to Serfdom will be the definitive version of Friedrich Hayek's enduring masterwork.

Liberalism's Last Man

Liberalism's Last Man PDF Author: Vikash Yadav
Publisher: University of Chicago Press
ISBN: 0226821471
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
A modern reframing of Friedrich Hayek’s most famous work for the 21st century. Friedrich Hayek’s The Road to Serfdom was both an intellectual milestone and a source of political division, spurring fiery debates around capitalism and its discontents. In the ensuing discord, Hayek’s true message was lost: liberalism is a thing to be protected above all else, and its alternatives are perilous. In Liberalism’s Last Man, Vikash Yadav revives the core of Hayek’s famed work to map today’s primary political anxiety: the tenuous state of liberal meritocratic capitalism—particularly in North America, Europe, and Asia—in the face of strengthening political-capitalist powers like China, Vietnam, and Singapore. As open societies struggle to match the economic productivity of authoritarian-capitalist economies, the promises of a meritocracy fade; Yadav channels Hayek to articulate how liberalism’s moral backbone is its greatest defense against repressive social structures.

Hayek on Hayek

Hayek on Hayek PDF Author: F. A. Hayek
Publisher: University of Chicago Press
ISBN: 0226321207
Category : Business & Economics
Languages : en
Pages : 199

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Book Description
The crumbling of the Berlin Wall, the fall of the iron curtain, and the Reagan and Thatcher "revolutions" all owe a tremendous debt to F. A. Hayek. Economist, social and political theorist, and intellectual historian, Hayek passionately championed individual liberty and condemned the dangers of state control. Now Hayek at last tells the story of his long and controversial career, during which his fortunes rose, fell, and finally rose again. Through a complete collection of previously unpublished autobiographical sketches and a wide selection of interviews, Hayek on Hayek provides the first detailed chronology of Hayek's early life and education, his intellectual progress, and the academic and public reception of his ideas. His discussions range from economic methodology and the question of religious faith to the atmosphere of post-World War I Vienna and the British character. Born in 1899 into a Viennese family of academics and civil servants, Hayek was educated at the University of Vienna, fought in the Great War, and later moved to London, where, as he watched liberty vanish under fascism and communism across Europe, he wrote The Road to Serfdom. Although this book attracted great public attention, Hayek was ignored by other economists for thirty years after World War II, when European social democracies boomed and Keynesianism became the dominant intellectual force. However, the award of the Nobel Prize in economics for 1974 signaled a reversal in Hayek's fortunes, and before his death in 1992 he saw his life's work vindicated in the collapse of the planned economies of Eastern Europe. Hayek on Hayek is as close to an autobiography of Hayek as we will ever have. In his own eloquent words, Hayek reveals the remarkable life of a revolutionary thinker in revolutionary times. "One of the great thinkers of our age who explored the promise and contours of liberty....[Hayek] revolutionized the world's intellectual and political life"—President George Bush, on awarding F. A. Hayek the Medal of Freedom F. A. Hayek, recipient of the Medal of Freedom 1991 and the Nobel Memorial Prize in Economics in 1974, was a pioneer in monetary theory and the principal proponent of the libertarian philosophy. Hayek is the author of numerous books in economics, as well as books in political philosophy and psychology.