ABSTRACT

Whilst some of Hayek's contributions to economics are purely analytical, others are inspired by a broader vision that could be characterized as political economy. In this authorative volume, some of the world's leading Hayek scholars examine the link between these two essential components of Hayek's thought, and consider them against a wider background of thought in the Austrian tradition.

chapter |11 pages

Introduction

part |38 pages

Hayek in France

part |28 pages

Economic analysis

chapter |15 pages

Monetary policy and business cycles

Hayek as an opponent of the quantity theory tradition

part |22 pages

Norms from facts?

chapter |20 pages

Coordination, survival and normativity

A Hayekian perspective revisited