Nobody can be a great economist who is only an economist – and I am even tempted to add that the economist who is only an economist is likely to become a nuisance if not a positive danger.
— F. A. Hayek
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
— F. A. Hayek


REVIEWS AND COMMENTARY

F. A. Hayek: Economics, Political Economy and Social Philosophy

Impressive, wide-ranging, highly illuminating new book from [Peter Boettke] on the great Hayek.
— Cass Sunstein (Harvard University)
Boettke has beaten a path through several decades of intensive work by a great thinker to identify the most important and fruitful line of march for scholars and friends of liberal democracy.
— Rafe Champion in "Quadrant"
In an excellent new book, “F. A. Hayek: Economics, Political Economy, and Social Philosophy,” Peter J. Boettke reconstructs Hayek’s intellectual project and argues for the continued relevance of his ideas. Boettke shows us the richness of Hayek’s work and the interconnectedness of the various strands of his thinking. The emergent theme of the work is the sophistication and importance of Hayek’s science of liberty, which Boettke uses both to inspire future academic research and to heighten our regard for liberty and the institutional frameworks that support it.
— Erik W. Matson (New York University) in the Russell Kirk Center's "Bookman"

Exploring the Political Economy and Social Philosophy of F. A. Hayek

Edited by three major contributors to the modern literatures of public choice and Austrian economics, Exploring the Political Economy and Social Philosophy of F. A. Hayek comprises a wide-ranging set of essays applying classical liberal thinking across the social sciences, from immigration to rights claims, presenting ideas that are indispensable in today’s world of closed minds and closing borders.
— William F. Shughart II (Utah State University)
Friedrich Hayek was one of the most insightful social scientists of the twentieth century. This volume shows the continuing relevance of Hayek’s ideas by using them as a foundation for exploring a variety of topics from a Hayekian perspective. These essays provide readers with an increased appreciation for Hayek’s intellectual contributions and insight into a variety of economic, legal and social institutions.
— Randall G. Holcombe (Florida State University)
This diverse and insightful collection represents the very best of contemporary Hayekian scholarship. The breadth of research is astounding and provides a fitting testimony to the multidisciplinary relevance of Hayek’s career. Anyone in the social sciences and humanities will find insights and incitement for future work exploring how individuals engage with emergent orders to coordinate their activities.
— Anthony J. Evans (ESCP Europe Business School)

The Legacy of F. A. Hayek: Politics, Philosophy and Economics, 3 volumes

...to have [all the papers in these volumes] available for selected study or reference in a single set of volumes is an editorial achievement for which all with an interest in Hayek will be grateful.
— Allen Oakley in "Journal of the History of Economic Thought"

Journal articles

“How Misesian was the Hayekian Research Program,” Procesos de Mercado: Revista Europea de Economia Politica, 2019, vol. XVI, no. 1, pp. 279-285.

“The Intellectual Context of F.A. Hayek’s The Road to Serfdom (with Rosolino A. Candela), Journal of Private Enterprise, 2017, vol. 32, no. 1, pp. 29-44.

“Why Hayek Matters: The Epistemic Dimension of Comparative Institutional Analysis” (with Paul Dragos Aligica and Vlad Tarko), Advances in Austrian Economics, 2016, vol. 21, pp. 163-185.

“Evolving Views on Monetary Policy in the Thought of Hayek, Friedman, and Buchanan” (with Daniel J. Smith), The Review of Austrian Economics, 2016, vol. 29, no. 4, pp. 351-370.

“Hayek, Leoni, and Law as the Fifth Factor of Production” (with Rosolino A. Candela), Atlantic Economic Journal, 2014, vol. 42, no. 2, pp. 123-131.

“The Failed Appropriation of FA Hayek by Formalist Economics” (with Kyle O’Donnell), Critical Review, 2013, vol. 25, no. 3-4, pp. 305-341.

“The Servants of Obama's Machinery: F.A. Hayek's The Road to Serfdom Revisited? A Reply” (with Nicholas A. Snow), Eastern Economic Journal, 2012, vol. 38, no. 4, pp. 428-433.

“The Context of Context: The Evolution of Hayek’s Epistemic Turn in Economics and Politics” (with Emily Schaeffer and Nicholas A. Snow), Advances in Austrian Economics, 2010, vol. 14, pp. 69-86.

“The Continuing Relevance of F.A. Hayek’s Political Economy” (with Peter T. Leeson and Christopher J. Coyne), Advances in Austrian Economics, 2008, vol. 11: 79-98.

“Hayek and Market Socialism: Science, Ideology and Public Policy,” Economic Affairs, 2005, vol. 25, no. 4, pp. 54-60.

“On Reading Hayek: Choice, Consequences and The Road to Serfdom,” European Journal of Political Economy, 2005, vol. 21, issue 4, pp. 1042-1053.

“Knowledge, Economics and Coordination: Understanding Hayek’s Legal Theory” (with Scott A. Beaulier and Christopher J. Coyne), NYU Journal of Law and Liberty, 2004, vol. 1, pp. 209-224.

“Hayek, Arrow, and the Problems of Democratic Decision-Making” (with Peter T. Leeson), Journal of Public Finance and Public Choice, 2002, vol. 20, no. 1, pp. 9-21.

“Information, Knowledge and the Close of Friedrich Hayek's System: A Comment,” Eastern Economic Journal, 2002, vol. 28, no. 4, pp. 343-349.

Hayek's The Road to Serfdom Revisited: Government Failure in the Argument Against Socialism,Eastern Economic Journal, 1995, vol. 21, no. 1, pp. 7-26.

“The Theory of Spontaneous Order and Cultural Evolution in the Social Theory of F.A. Hayek,” Cultural Dynamics, 1990, vol. 3, no. 1, pp. 61-83.


Podcasts

Widely considered as one the most influential economists of the 20th century, F. A. Hayek continues to command the attention of scholars with his life and work. On this episode, Peter Boettke and Rosolino Candela sit down to discuss Boettke's new book F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave, 2018). Boettke presents this new book as focusing less on Hayek as an individual and more on Hayekian ideas. Throughout the discussion Boettke and Candela examine Hayek's uniting theme of epistemic institutionalism, the competitive market process, and how Hayek's contemporaries picked up on his work. They also discuss the limitations of 'Big Data' to answer the important questions of social science. These Hayekian ideas, Boettke and Candela contend, are still as pressing and worthy of research today.

Peter Boettke sits down with Richard Wagner to revisit some of Wagner's works on the theories of James Buchanan, political economy, and fiscal sociology.

Wagner discusses his treatment of Buchanan in 'James M. Buchanan and Liberal Political Economy' in comparison to Boettke's treatment of Hayek in 'F. A. Hayek: Economics, Political Economy and Social Philosophy,' and the pair take a peek at Wagner's forthcoming work on macroeconomics.

In this Reason Podcast, Nick Gillespie talk with Boettke about the historical and intellectual context of Hayek's thought, the influence of Hayek's mentor Ludwig von Mises on his work, and how libertarians can follow Hayek's dictum that "we must make the building of a free society once more an intellectual adventure, a deed of courage."

Peter Boettke of George Mason University and discusses his recent book in the Great Thinkers in Economics series: F.A. Hayek: Economics, Political Economy and Social Philosophy.

Peter Boettke joins the host of Economic Rockstar to discuss the Hayekian principles laid out in his new book “F. A. Hayek: Economics, Political Economy and Social Philosophy."


Video

How did F.A. Hayek influence the course of economic history? What is the fate of his liberal project in the 21st century? Tune in to the latest episode of the Governance Podcast featuring Professors Mark Pennington (King's College London) and Peter Boettke (George Mason University).

Peter Boettke on the continuing relevance of F.A. Hayek.

Peter Boettke analiza la permanente relevancia del pensamiento de F.A. Hayek en el XI Congreso de Economía Austriaca, que tuvo lugar en las instalaciones de UFM Madrid los días 26 y 27 de septiembre de 2018.

To reflect on the significance of Hayek's Nobel Prize and the various strands of influence his work has had in subsequent decades of scholarship, the Mercatus F .A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics hosted a keynote speech and panel discussion by some of Hayek's most prominent colleagues and interlocutors.