Peter J. Boettke on Austrian Economics and the Knowledge Problem
Ideas of India
Exploring Hayek's Economics and Knowledge
This chapter delves into Hayek's key papers on economics and knowledge, highlighting the importance of understanding the market order beyond pure choice logic. It discusses how institutional environments shape economic coordination, emphasizes the role of prices in guiding future actions, and reflects on Hayek's evolution of ideas from his early imputation problem to his critique of socialism.
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