In a society where no central agency coordinates the human activity of producing, selling and buying, why is there order and not chaos? This fundamental question has taxed generations of economists. Hayek's notion of spontaneous order goes some way to providing an answer. Hayek's Political Economy argues that afer explicitly rejecting positivism, Hayek was free to embrace reality and offer an explanation of the process involved in bringing about order.
| ISBN: | 9780415867313 |
| Publication date: | 14th February 2014 |
| Author: | Steve Fleetwood |
| Publisher: | Routledge an imprint of Taylor & Francis Ltd |
| Format: | Paperback |
| Pagination: | 190 pages |
| Series: | Routledge Studies in the History of Economics |
| Genres: |
Political economy Economic theory and philosophy |