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Hayek And Market Socialism: Science, Ideology And Public Policy

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  • Peter Boettke

Abstract

F. A. Hayek's significant intellectual contribution to a number of scholarly disciplines was grounded in his critique of socialist economics. This article sets out how Hayek's critique of classical and market socialism led to the development of his wide‐ranging research programme in the social sciences and shows that the implications of this research programme remain crucial to academic research and public policy in the twenty‐first century.

Suggested Citation

  • Peter Boettke, 2005. "Hayek And Market Socialism: Science, Ideology And Public Policy," Economic Affairs, Wiley Blackwell, vol. 25(4), pages 54-60, December.
    • Handle: RePEc:bla:ecaffa:v:25:y:2005:i:4:p:54-60
    DOI: 10.1111/j.1468-0270.2005.00592.x
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    References listed on IDEAS

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    1. Leeson, Peter T., 2005. "Endogenizing fractionalization," Journal of Institutional Economics, Cambridge University Press, vol. 1(1), pages 75-98, June.
    2. Salerno, Joseph T, 1993. "Mises and Hayek Dehomogenized: Review Essay," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 6(2), pages 113-146.
    3. Christopher J. Coyne & Peter T. Leeson, 2004. "The Plight of Underdeveloped Countries," Cato Journal, Cato Journal, Cato Institute, vol. 24(3), pages 235-249, Fall.
    4. Christopher Coyne, 2005. "The Institutional Prerequisites for Post-Conflict Reconstruction," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 18(3), pages 325-342, December.
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    Cited by:

    1. Jennifer Dirmeyer, 2010. "The Power of Ideas: The "Peter Boettke" Strategy for Advancing the Science of Prosperity," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 26(Fall 2010), pages 117-124.

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