Hayek's Political Economy : The Socio-economics of Order
Book Details
Format
Hardback or Cased Book
Book Series
Routledge Studies in the History of Economics
ISBN-10
0415129095
ISBN-13
9780415129091
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Sep 21st, 1995
Print length
190 Pages
Weight
476 grams
Product Classification:
Political science & theoryEconomic theory & philosophy
Ksh 30,600.00
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In a society in which no central agency coordinates human activity, why is there not chaos?Hayek's notion of 'spontaneous order' goes some way towards providing an answer.
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.<BR>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.
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