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The Road to Servomechanisms: The Influence of Cybernetics on Hayek fromThe Sensory Orderto the Social Order

In: Research in the History of Economic Thought and Methodology

Author

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  • Gabriel Oliva

Abstract

This chapter explores the ways in which cybernetics influenced the works of F. A. Hayek from the late 1940s onward. It shows that the concept of negative feedback, borrowed from cybernetics, was central to Hayek’s attempt to explain the principle of the emergence of human purposive behavior. Next, the chapter discusses Hayek’s later uses of cybernetic ideas in his works on the spontaneous formation of social orders. Finally, Hayek’s view on the appropriate scope of the use of cybernetics is considered.

Suggested Citation

  • Gabriel Oliva, 2016. "The Road to Servomechanisms: The Influence of Cybernetics on Hayek fromThe Sensory Orderto the Social Order," Research in the History of Economic Thought and Methodology, in: Research in the History of Economic Thought and Methodology, volume 34, pages 161-198, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:rhetzz:s0743-41542016000034a006
    DOI: 10.1108/S0743-41542016000034A006
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    More about this item

    Keywords

    Cybernetics; F. A. Hayek; Norbert Wiener; Garrett Hardin; Ludwig von Bertalanffy; B25; B31; C60;
    All these keywords.

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General

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