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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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    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.
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