In the history of modern liberal political thought the work of F.
A. Hayek stands out as one of the most significant contributions to
liberal theory since J. S. Mill. This book critically examines the
nature and coherence of Hayek's defence of liberal principles, and
tries both to identify its weaknesses and to show why it makes such
an important contribution to contemporary political theory.
Chandran Kukathas argues that Hayek's defence of liberalism is
unsuccessful because it rests on presuppositions which are
philosophically incompatible. The unresolved dilemma of Hayek's
political philosophy is how to mount a systematic defence of
liberalism if one emphasizes the limited capacity of reason.
However, he believes that Hayek's social philosophy offers us a
significant theory of the nature of social processes, and is
therefore an important account of how this must constrain our
choice of political principles. For this reason, Hayek's work is
worthy of attention both by supporters and critics of liberalism.
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