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  E-mail Message: I thought you might be interested in this item at http://www.worldcat.org/oclc/32203546 Title: Hayek's political economy : the socio-economics of order Author: Steve Fleetwood Publisher: London ; New York : Routledge, 1995. ISBN/ISSN: 0415129095 9780415129091 OCLC:32203546

  
  

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Subjects

• Hayek, Friedrich A. von -- (Friedrich August), -- 1899-1992.
• Economics -- History -- 20th century.
• Austrian school of economics -- History.
• View all subjects

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Hayek's political economy : the socio-economics of order

Author:	Steve Fleetwood
Publisher:	London ; New York : Routledge, 1995.
Series:	Routledge studies in the history of economics, 3.
Edition/Format:	Book : EnglishView all editions and formats
Summary:	In a society where no central agency co-ordinates 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, after explicitly rejecting positivism, Hayek was free to embrace reality and offer an explanation of the processes involved in bringing about order. This book draws many of Hayek's insights together by locating them within the newly emerging methodological perspective of critical realism. The author argues that understanding how agents communicate knowledge and cope with ignorance leads directly to a focus upon social rules which are essential in addressing the question of order. The final chapter illustrates how it is possible to abandon the notion of equilibrium without falling into analytical anarchy.  Read more...
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