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Capitalism, Socialism and Knowledge: The Economics of F.A. Hayek, Volume II,Used
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Product Description F.A. Hayeks work has stimulated, challenged and inspired economists for more than 50 years. In two distinct but complementary volumes, The Economics of F.A. van Hayek explores all relevant aspects of Hayeks theory to investigate whether a synthesis of interpretation is possible and to what extent his economic theory is a sound foundation for both his own philosophy and the development of modern theories.Capitalism, Socialism and Knowledge, the second volume, focuses on topics related to Hayeks methodological and philosophical contributions which are usually less discussed by economists. This volume includes essays on Hayeks theory of competition and capital, the socialist calculation debate and the various philosophical and methodological aspects of his thought. Featuring discussion of Hayeks legacy by economists from a variety of theoretical traditions, the contributors to these volumes argue that although his theory and very own particular approach make it difficult to incorporate his contributions into mainstream economics, his farreaching insights nevertheless raise problems which are still waiting for a solution in modern technical economics. Review This twovolume set would make an excellent addition to any collection interested in 20thcentury economic and social thought, Austrian economics, or Hayek. M. Veseth, Choice About the Author Edited by Marina Colonna, Lecturer, University of Naples, Italy, Harald Hagemann, Professor Emeritus of Economic Theory, University of Hohenheim, Germany and O.F. Hamouda, Associate Professor of Economics, York University, Canada
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