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Recht, Eigentum und Effizienz: Zu F. A. v. Hayeks Verfassung der Freiheit

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  • Schmidtchen Dieter

Abstract

This paper (1) investigates Hayek’s proposition that law in the sense of universal rules of conduct and property are the only solution to the problem of reconciling individual freedom with the absence of conflict. It (2) argues that the test of the compatibility with the inherited body of law as a guide line for the evolution of judge made law, basically comes down to the principle of “Ordnungskonformität” originating from W. Röpke. It (3) interprets Hayek’s “law of liberty” in Coase an terms and advances the contention that efficiency is the only workable criterion for the specification and allocation of property rights. It (4) delivers evidence that Hayek - despite his admiration of the create powers of spontaneous orders - makes out a case for government intervention. Finally, the paper discusses Hayek’s interpretation of the Rule of Law.

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  • Schmidtchen Dieter, 2004. "Recht, Eigentum und Effizienz: Zu F. A. v. Hayeks Verfassung der Freiheit," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 55(1), pages 127-152, January.
    • Handle: RePEc:bpj:ordojb:v:55:y:2004:i:1:p:127-152:n:9
    DOI: 10.1515/ordo-2004-0109
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    References listed on IDEAS

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    1. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    2. Schmidtchen, Dieter, 1983. "Property Rights, Freiheit und Wettbewerbspolitik," Beiträge zur Ordnungstheorie und Ordnungspolitik, Mohr Siebeck, Tübingen;Walter Eucken Institut, Freiburg, Germany, edition 1, number urn:isbn:9783163446304, December.
    3. Smith, Vernon L, 1982. "Markets as Economizers of Information: Experimental Examination of the "Hayek Hypothesis"," Economic Inquiry, Western Economic Association International, vol. 20(2), pages 165-179, April.
    4. Kirstein Roland & Schmidtchen Dieter, 2002. "Eigennutz als Triebfeder des Wohlstands - die invisible hand im Hörsaal-Experiment sichtbar gemacht," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 53(1), pages 227-240, January.
    5. Vanberg, Viktor J., 1981. "Liberaler Evolutionismus oder vertragstheoretischer Konstitutionalismus?," Beiträge zur Ordnungstheorie und Ordnungspolitik, Mohr Siebeck, Tübingen;Walter Eucken Institut, Freiburg, Germany, edition 1, volume 80, number urn:isbn:9783163444119, December.
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    Cited by:

    1. Schmidtchen Dieter, 2008. "Wettbewerbsfreiheit oder Effizienz? / Freedom for competition or efficiency?: Zur Zweisamkeit von Recht und Ökonomie im Bereich der Wettbewerbspolitik," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 59(1), pages 143-184, January.
    2. Oberender Peter & Zerth Jürgen, 2006. "Soziale Ziele und marktwirtschaftliches Gesundheitswesen - schlußendlich kein Gegensatz! Anmerkungen zum Spannungsfeld von Wettbewerbspolitik und Sozialrecht / Social claims and liberal health care re," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 57(1), pages 261-284, January.

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