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  1. Hayekian economic policy
    Published: 2022
    Publisher:  Walter Eucken Institut, [Freiburg i. Br.]

    What is the appropriate role of the state in economic policy-making? This paper shows that Friedrich Hayek, who is often considered a proponent of laissez-faire liberalism, offers three different answers to this problem. First, Hayek argues that the... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 24
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    What is the appropriate role of the state in economic policy-making? This paper shows that Friedrich Hayek, who is often considered a proponent of laissez-faire liberalism, offers three different answers to this problem. First, Hayek argues that the state should provide a legal framework for competitive markets. Second, he proposes to employ the rule of law criteria – generality, equality, and certainty – to distinguish permissible from non-permissible state interventions. Third, he rejects deliberate legislation and moves closer to the Misean idea of a minimal state. The paper considers these answers in light of Hayek’s analysis of the knowledge problem. We suggest that a Hayekian approach to economic policy-making should focus on improving the framework of general rules that guide individual behavior, thereby enabling spontaneous ordering processes and reducing the epistemological burden placed on policy-makers.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/250381
    Series: Freiburg discussionpapers on constitutional economics ; 22, 1
    Subjects: Friedrich Hayek; Rule-based economic policy; Spontaneous order; Knowledge problem; Cultural evolution
    Scope: 1 Online-Ressource (circa 27 Seiten)
  2. F. A. Hayek's genealogy
    Published: [2021]
    Publisher:  Center for the History of Political Economy at Duke University, [Durham, NC]

    This working paper - like its companion, Caldwell and Klausinger 2021 - grew out of the authors' joint work on Hayek: A Life, 1899-1950 (Caldwell and Klausinger 2022) and it contains material supplementing it. This paper draws to a large extent on... more

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 554
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    This working paper - like its companion, Caldwell and Klausinger 2021 - grew out of the authors' joint work on Hayek: A Life, 1899-1950 (Caldwell and Klausinger 2022) and it contains material supplementing it. This paper draws to a large extent on Friedrich Hayek's own investigations into the genealogical roots of his family. On the paternal side the family ancestry is traced back to the ennoblement of Friedrich's great-great-grandfather Josef Hayek in 1789. On the maternal side we enquire into the family trees of Fritz's grandfather Franz von Juraschek and his first and second wife, Johanna Stallner and Ida Pokorny. Finally, we look at the relationship between Fritz and two of his "distant cousins," the philosopher Ludwig Wittgenstein and Fritz's girlfriend in his youth and future second wife, Helene ("Lenerl") Bitterlich.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/234317
    Series: CHOPE working paper ; no. 2021, 06 (May 2021)
    Subjects: Friedrich Hayek; Juraschek; Wittgenstein; Vienna; genealogy
    Scope: 1 Online-Ressource (circa 24 Seiten), Illustrationen
  3. F. A. Hayek's family and the Vienna circles
    Published: [2021]
    Publisher:  Center for the History of Political Economy at Duke University, [Durham, NC]

    This working paper - like its companion, Caldwell and Klausinger 2021 - grew out of the authors' joint work on Hayek: A Life 1899-1950 (Caldwell and Klausinger 2022) and it contains material supplementing it. This paper examines the intellectual... more

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    No inter-library loan
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 554
    No inter-library loan

     

    This working paper - like its companion, Caldwell and Klausinger 2021 - grew out of the authors' joint work on Hayek: A Life 1899-1950 (Caldwell and Klausinger 2022) and it contains material supplementing it. This paper examines the intellectual circles of fin-desiécle Vienna in which the Hayek family moved and which therefore shaped Fritz's education. After looking at the academics within the Hayek family we turn towards the intellectual communities in which Friedrich's father, August von Hayek, participated. Here we focus on the various associations of biologists and botanists and on the so-called "Brunnwinkl community." We show that participation in these circles resulted in Fritz coming in close contact with future Nobel prize winners like Erwin Schrödinger, Karl von Frisch and Konrad Lorenz. Austrian School economists Eugen von Böhm-Bawerk and Friedrich von Wieser were also among the close friends of the Hayek family. Finally, we point out a link to Austria's early liberal women's movement.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/234318
    Series: CHOPE working paper ; no. 2021, 07 (May 2021)
    Subjects: Friedrich Hayek; Juraschek; Wieser; Böhm-Bawerk; Schrödinger; Exner; Vienna; Brunnwinkl; liberalism; Austrian women's movement
    Scope: 1 Online-Ressource (circa 26 Seiten)
  4. Review essay
    the young Hayek
    Author: Maes, Ivo
    Published: 2023
    Publisher:  National Bank of Belgium, Brussels

    Friedrich Hayek has been one of the dominating intellectual figures of the 20th century. Hayek, together with Gunnar Myrdal, received the 1974 Nobel Memorial Prize in economics, for "their pioneering work in the theory of money and economic... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 546
    No inter-library loan

     

    Friedrich Hayek has been one of the dominating intellectual figures of the 20th century. Hayek, together with Gunnar Myrdal, received the 1974 Nobel Memorial Prize in economics, for "their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena". Bruce Caldwell (Duke University) and Hansjoerg Klausinger (WU Vienna University of Economics and Business), two distinguished historians of economic thought, have produced a massive (840 pages) work, covering the first five decades of Hayek's existence. Hayek: A Life, 1899-1950 is a monumental and sympathetic biography. The book is based on painstaking archival research and shows great scholarship. The novelty is very much in bringing the person of Hayek to life, with its strengths and weaknesses.

     

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    Source: Union catalogues
    Language: English
    Media type: Review
    Format: Online
    Other identifier:
    hdl: 10419/298342
    Series: Working paper research / National Bank of Belgium ; no 440 (September 2023)
    Subjects: Friedrich Hayek; Austrian school; biography; business cycle theory
    Scope: 1 Online-Ressource (circa 12 Seiten)