The tale of Hayek

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Chapter 3 in A Brief History of Political Economy, 2016, pp 99-130 from Edward Elgar Publishing

Abstract: Investigating the ideological dimension and exploring the continued impact of Marx, Keynes and Hayek, the authors demonstrate how these three economic narratives became entangled over time and under increasing complexity, overlapping and competing with each other. The book reflects on the meaning of the historical legacy of the three narratives and investigates their significance today. All three outlined the prospects for a better and more economically efficient world with increased social justice. Magnusson and Stråth argue that they constitute a legacy on which a new economic tale must be based, a legacy to draw on or confront.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2016
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