F. A. Hayek

Economics, Political Economy and Social Philosophy

  • Peter J. Boettke

Part of the Great Thinkers in Economics book series (GTE)

Table of contents

  1. Front Matter
    Pages i-xxvii
  2. Peter J. Boettke
    Pages 1-14
  3. Peter J. Boettke
    Pages 15-36
  4. Peter J. Boettke
    Pages 77-118
  5. Peter J. Boettke
    Pages 119-139
  6. Peter J. Boettke
    Pages 159-195
  7. Peter J. Boettke
    Pages 197-226
  8. Peter J. Boettke
    Pages 227-256
  9. Peter J. Boettke
    Pages 257-281
  10. Peter J. Boettke
    Pages 283-296
  11. Back Matter
    Pages 297-323

About this book


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.

Peter Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA.


Economic philosophy Social philosophy Friedrich Hayek Austrian Economics History of economic thought The Road to Serfdom The Constitution of Liberty The Pure Theory of Capital Institutional Economics Neoliberalism Institutional Economics Market Theory Market Socialism Hayekian Economics

Authors and affiliations

  • Peter J. Boettke
    • 1
  1. 1.Department of EconomicsGeorge Mason UniversityFairfax, VAUSA

Bibliographic information