LYCOS RETRIEVER 
Friedrich A. Hayek: Books
built 628 days ago
Friedrich A. Hayek, the 1974 Nobel Prize winner in economics, died March 23 in Freiburg, Germany. An unseemingly quiet man of 92, he was, in fact, an intellectual revolutionary who brought to economics an evolutionary theory of institutions which has shattered the static economic world forever. Moreover, his enduring ideas cross the border of economics and venture into political theory. After all, this was a man who authored more than 30 books and 150 articles on topics ranging from the methodology used in the social sciences to the foundations of constitutional democracy.
Source:
At the end of World War II, Hayek began work on a theoretical psychology book based on an essay he had written during his student days in Vienna. In 1947 he organized a meeting of 39 scholars from 10 countries at Mont Pèlerin, on Lake Geneva in the Swiss Alps. This was the beginning of the Mont Pèlerin Society, an organization dedicated to articulating the principles that would lead to the establishment and preservation of free societies. Von Mises, Robbins, and Machlup were among the original attendees, as were Milton Friedman, Frank Knight, George Stigler, Aaron Director, Michael Polanyi, and the Austrian philosopher Karl Popper. Hayek had been instrumental in bringing Popper from New Zealand to LSE at war's end, and he had ... secured a publisher for Popper's book The Open Society and Its Enemies (1945). Popper and Hayek would remain lifelong friends.
Source:
In 1935, Hayek had edited a book on the Socialist Calcuation debate in which Mises had been engaged. In resurrecting Barone's 1908 article, Hayek realized that the Mises attack on the socialist position was untenable. As a result, in several famous articles - notably, "Economics and Knowledge" (1937) and "On the Use of Knowledge in Society" (1945) - Hayek composed a response which advanced the "Socialist Calculation" debate to a new level. Succinctly, he claimed, countering Lange and the Paretians, that prices are not merely "rates of exchange between goods", but rather "a mechanism for communicating information" (Hayek, 1945). Hayek argued that people have little knowledge of the world beyond their immediate surroundings and this is what forces them to be price-takers - the crucial ingredient that makes the price system work. If, on the other hand, a particular agent's knowledge were greater, agents would then refuse to act as price-takers but rather make decisions in a way which would manipulate their environment to their advantage thereby destroying the price system.
Source:
In 1950 Hayek left LSE for a position on the newly formed Committee on Social Thought at the University of Chicago. In 1952 his book on psychology, The Sensory Order, was published, as was a collection of his essays from the Abuse of Reason project under the title The Counter-Revolution of Science: Studies on the Abuse of Reason. Hayek would spend 12 years at Chicago. While there he wrote articles on a number of themes, among them political philosophy, the history of ideas, and social science methodology. Aspects of his wide-ranging research were woven into his 1960 book on political philosophy, The Constitution of Liberty.
Source:
The starting point for further exploration of Hayek's work is the multivolume series The Collected Works of F.A. Hayek, ed. by W.W. Bartley et al. (1988– ). Hayek's contributions on economics and knowledge may be found in Friedrich A. Hayek, Individualism and Economic Order (1948, reissued 1996), and New Studies in Philosophy, Politics, Economics, and the History of Ideas (1978, reissued 1985). Hayek's writings on the social sciences as fields that study complex phenomena can be found in Friedrich A. Hayek, Studies in Philosophy, Politics, and Economics (1967, reprinted 1980); many of his ideals are expressed in the same book. Within the secondary literature, two early surveys of Hayek's multifarious contributions are Norman P. Barry, Hayek's Social and Economic Philosophy (1979); and John Gray, Hayek on Liberty, 3rd ed. (1998).
Source:
During this time, Hayek was ... involved in another grand debate in economic policy-the socialist calculation debate, triggered by a 1920 article by Mises which stated that socialism was technically impossible because it would lack market prices. Mises had refined this argument in 1922 in Socialism: An Economic and Sociological Analysis, the book which had profoundly impressed the young Hayek when it appeared. Hayek developed Mises' argument further in several articles during the 1930s. In 1935, he collected and edited a series of essays on the problems of socialist economic organization: Collectivist Economic Planning. Additional Hayek essays on the problems of socialism, and specifically the model of "market socialism" developed by Oskar Lange and Abba Lerner in their attempt to answer Mises and Hayek, were later collected in Individualism and Economic Order (1948).
Source:
MORE ABOUT
Books