Hayek, the Purpose of the Market and American Economic Institutionalism

Mark Perlman

Chapter 10 in Hayek: Economist and Social Philosopher, 1997, pp 221-235 from Palgrave Macmillan

Abstract: Abstract One of the unique aspects of Friedrich Hayek’s life is that his active career covered more than sixty years. Such a lengthy period of intellectual output is virtually unique; some, for example Isaac Newton, approached the same time-span of achievement, but unlike Hayek, Newton outlived his creativity as well as the beneficent effects of his influence. The thrust of this chapter is to discuss changes in Hayek’s writings as well as some always existent ideas he came to on his own.

Keywords: Competitive Market; Economic Institutionalism; Market Place; Perfect Competition; Mainstream Economic Theorise (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25991-5_10

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DOI: 10.1007/978-1-349-25991-5_10

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