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From The Sensory Order to the Liberal Order: Hayek's Non-rationalist Liberalism

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Author Info
Horwitz, Steven
Abstract

Hayek's arguments for a constitutionally constrained government are consistent with, and to some extent rest upon, his work in theoretical psychology. By exploring his view of the mind in The Sensory Order, we can see the psychological and epistemological underpinnings of Hayek's belief in the mind's limits and the indispensability of spontaneously emergent social institutions. The Austrian view of microeconomic coordination is a logical outgrowth of Hayek's theory of mind. Constraints on government are necessary not because self-interest leads rational government actors into temptation, but because even altruistically-motivated actors are epistemically unable to intervene effectively in spontaneously emergent institutions. Copyright 2000 by Kluwer Academic Publishers

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Publisher Info
Article provided by Springer in its journal Review of Austrian Economics.

Volume (Year): 13 (2000)
Issue (Month): 1 (February)
Pages: 23-40
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Handle: RePEc:kap:revaec:v:13:y:2000:i:1:p:23-40

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  1. Roger Koppl, William Butos, 2001. "Confidence in Keynes and Hayek: Reply to Burczak," Review of Political Economy, Taylor and Francis Journals, vol. 13(1), pages 81-86, January. [Downloadable!] (restricted)
  2. Steven Horwitz, 2005. "Friedrich Hayek, Austrian Economist," Journal of the History of Economic Thought, Taylor and Francis Journals, vol. 27(1), pages 71-85, March. [Downloadable!] (restricted)
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