F. A. Hayek

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.

“The book under review clearly demonstrates Hayek’s contributions to systems thinking in general and to modeling of complex phenomena of society in particular. … I wholeheartedly recommend this book.” (H. I. Kilov, Computing Reviews, July 13, 2020)“He makes a substantial contribution to both Hayek scholarship and the literature on liberalism. Although lay readers might gain much from engaging with this book, its real audience is other scholars … . this book and Hayek’s ideas deserve the broadest audience possible.” (Steven G. Horwitz, The Independent Review, Vol. 24 (2), 2019)“Boettke’s book will, I hope, induce more scholars to take Hayek seriously and to reexamine his contributions to economic science, political theory, and social philosophy. … F.A. Hayek: Economics, Political Economy, andSocial Philosophy is essential reading for any scholar interested in the Hayekian tradition.” (Art Carden, AIER American Institute for Economic Research, aier.org, May 10, 2019)“The book is highly recommended for academics concerned with technical economics as it is an invitation to talk about thinkers … . book is highly recommended not only for Hayek experts and academics interested in Hayek’s intellectual legacy, but also, and particularly, for economists engaged in technical economics. Boettke’s book advances Hayek’s epistemic institutionalism as an important constructive program, because it accentuates the relevance of institutions to the coordination of market participants, and thus to how institutions shape economic processes.” (Lachezar Grudev, Erasmus Journal for Philosophy and Economics, Vol. 12 (1), 2019)“Impressive, wide-ranging, highly illuminating.” (@CassSunstein, Twitter, November 27, 2018)“Boettke has beaten a path through several decades of intensive work by a great thinker to identify the most important and fruitful line of march for scholars and friends of liberal democracy.” (Quadrant, December, 2018)“In this fine work of intellectual history, Boettke artfully sketches the historical context in which Hayek’s various ideas developed while demonstrating their analytical connection and broad coherence. … Boettke’s book is rich in its contextualization of Hayek’s ideas and its engagement with modern issues in social science and public policy. The application of Hayekian ideas spans from the 2008–2009 financial crisis, to political theories of democracy, to evolutionary psychology.” (Erik W. Matson, The Russell Kirk Center for Cultural Renewal, kirkcenter.org, November, 2018)

• Chapter 1: Clarifying Some Misconceptions About Hayek.- Chapter 2: Hayek: An Overview of His Life and Work.- Chapter 3: The Anatomy of an Economic Crisis: Money, Prices and Economic Order.- Chapter 4:  Hayek on Market Theory and the Price System.- Chapter 5: Hayek and Market Socialism.- Chapter 6: The False Promise of Socialism and The Road to Serfdom.- Chapter 7: A Genuine Institutional Economics.- Chapter 8: The Political Economy of a Free People.- Chapter 9: Hayek, Epistemics, Institutions, and Change.- Chapter 10: The Reconstruction of the Liberal Project.- Chapter 11: The Hayekian Legacy.