Hayek in the context of South Korea

Hoon Hong
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Hoon Hong: School of Economics, Yonsei University

No 2018rwp-120, Working papers from Yonsei University, Yonsei Economics Research Institute

Abstract: This paper aims to place Hayek¡¯s evolutionary approach in the context of South Korea, focusing on South Korea¡¯s socioeconomic development in recent decades. On reviewing his perspective in broad outline, this paper points out some of its weaknesses as regards the following issues: order and rules; units of agency and being; motivation; institutions and rules; knowledge; leadership.

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Pages: 19pages
Date: 2018-05
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Persistent link: https://EconPapers.repec.org/RePEc:yon:wpaper:2018rwp-120

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