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Elgar Companion to Hayekian Economics

Edited by Roger W. Garrison, Emeritus Professor of Economics, Auburn University, US and the late Norman Barry, formerly Professor of Social and Political Theory, University of Buckingham, UK
The Elgar Companion to Hayekian Economics provides an in-depth treatment of Friedrich August von Hayek’s economic thought from his technical economics of the 1920s and 1930s to his broader views on the spontaneous order of a free society. Taken together, the chapters show evidence both of continuity of thought and of significant changes in focus.
Extent: 416 pp
Hardback Price: $220.00 Web: $198.00
Publication Date: 2014
ISBN: 978 0 85793 110 8
Availability: In Stock
Paperback Price: $59.95 Web: $47.96
Publication Date: 2016
ISBN: 978 1 78347 526 1
Availability: In Stock
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  • Economics and Finance
  • History of Economic Thought
  • Public Choice Theory
  • Politics and Public Policy
  • Public Choice
The Elgar Companion to Hayekian Economics provides an in-depth treatment of Friedrich August von Hayek’s economic thought from his technical economics of the 1920s and 1930s to his broader views on the spontaneous order of a free society. Taken together, the chapters show evidence both of continuity of thought and of significant changes in focus.

Providing a thorough and balanced account of Hayek’s work, the authors examine his wide-ranging contribution to thought in the areas of business cycles, socialism and trade unions and the socialist calculation debate, as well as social justice, spontaneous order, globalization and free trade. The authors provide enlightening comparisons between Hayek’s views and those of Ludwig von Mises, Ludwig M. Lachmann, Milton Friedman and John Maynard Keynes.

Scholars working in the classical liberal tradition as well as academic economists and political scientists will find this in-depth account to be an invaluable resource.
Contributors: R.E. Backhouse, C.W. Baird, P.J. Boettke, E. Colombato, C.J. Coyne, R.M. Ebeling, R.W. Garrison, S.G. Horwitz, P.T. Leeson, P. Lewin, P. Lewis, R. Nef, D. O’Brien, M. Pennington, M. Ricketts, C. Smith, G.R. Steele
Contents

List of Contributors

Tribute to Norman Barry
Martin Rickets

1. Introduction
Roger W. Garrison

2. Hayek in the History of Economic Thought
Denis O’Brien

3. Hayek and Economic Theory in the 1930s
Martin Ricketts

4. Hayek’s Pure Theory of Capital
Gerald R. Steele

5. Hayek and Keynes
Roger E. Backhouse

6. Hayek and Friedman
Roger W. Garrison

7. Hayek and Mises
Richard M. Ebeling

8. Hayek and Lachman
Peter Lewin

9. Hayek: From Economics as Equilibrium Analysis to Economics as Social Theory
Paul Lewis

10. Hayek and Spontaneous Order
Craig Smith

11. Hayek on Socialism
Mark Pennington

12. Hayek vs. the Neoclassicists: Lessons from the Socialist Calculation Debate
Peter J. Boettke, Christopher J. Coyne, Peter T. Leeson

13. Spontaneous Order, Free Trade and Globalization
Steven G. Horwitz

14. Hayek on Labor Unions
Charles W. Baird

15. Hayek on Economic Policy (the Austrian Road to the Third Way)
Enrico Colombato

16. What Remains of Hayek’s Critique of ‘Social Justice’? Twenty Propositions
Robert Nef

Index