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The Market and Other Orders, 15 (Paperback)
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The Market and Other Orders, 15 (Paperback)
Series: Collected Works of F. A. Hayek, 15
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In addition to his groundbreaking contributions to pure economic
theory, F. A. Hayek also closely examined the ways in which the
knowledge of many individual market participants could culminate in
an overall order of economic activity. His attempts to come to
terms with the "knowledge problem" thread through his career and
comprise the writings collected in the fifteenth volume of the
University of Chicago Press's Collected Works of F. A. Hayek
series. The Market and Other Orders brings together more than
twenty works spanning almost forty years that consider this
question. Consisting of speeches, essays, and lectures, including
Hayek's 1974 Nobel lecture, "The Pretense of Knowledge," the works
in this volume draw on a broad range of perspectives, including the
philosophy of science, the physiology of the brain, legal theory,
and political philosophy. Taking readers from Hayek's early
development of the idea of spontaneous order in economics through
his integration of this insight into political theory and other
disciplines, the book culminates with Hayek's integration of his
work on these topics into an overarching social theory that
accounts for spontaneous order in the variety of complex systems
that Hayek studied throughout his career. Edited by renowned Hayek
scholar Bruce Caldwell, who also contributes a masterly
introduction that provides biographical and historical context, The
Market and Other Orders forms the definitive compilation of Hayek's
work on spontaneous order.
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