Title:

Hayek’s return to the roots?

Group publication title:

Argumenta Oeconomica

Creator:

Machaj, Mateusz

Subject and Keywords:

Friedrich August von Hayek ; knowledge ; socialism ; equilibrium

Description:

Argumenta Oeconomica, 2015, Nr 2 (35), s. 49-65

Abstrakt:

The purpose of the paper is to demonstrate how Friedrich von Hayek’s views on the relation between knowledge and socialism were expressed differently over time. As we will see, his statements on prices and knowledge were sometimes contradictory. Our attempt is to first start with the original Mises’s argument against socialism and then to capture Hayek’s perception or perhaps even his misperception of it. In particular we plan to show that the term “knowledge” can be used to depict noticeable dissimilar meanings. Such an aspect can be seen when one compares Hayek’s initial works about “knowledge” with his late answer to Lange’s model of market socialism. Our general argument is that Hayek in his essay from 1982 sounds more like an original Mises’s argument, rather than an altered one from the 1940s

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2015

Resource Type:

artykuł

Format:

application/pdf

Resource Identifier:

doi:10.15611/aoe.2015.2.03

Language:

eng

Relation:

Argumenta Oeconomica, 2015, Nr 2 (35)

Rights:

Wszystkie prawa zastrzeżone (Copyright)

Access Rights:

Dla wszystkich w zakresie dozwolonego użytku

Location:

Uniwersytet Ekonomiczny we Wrocławiu