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This book explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Set within a context of the recent financial crisis, alongside the renewed interest in Hayek and the Hayek-Keynes debate, the book introduces the main themes of Hayek’s thought. These include the division of knowledge, the importance of rules, the problems with planning and economic management, and the role of constitutional constraints in enabling the emergence of unplanned order in the market by limiting the perverse incentives and distortions in information often associated with political discretion. Key to understanding Hayek's development as a thinker is his emphasis on the knowledge problem that economic decision makers face and how alternative institutional arrangements either hinder or assist them in overcoming that epistemic dilemma. Hayek saw order emerging from individual action and responsibility under the appropriate institutional order that itself emerges from actors discovering new and better ways to coordinate their behavior. This book will be of interest to all those keen to gain a deeper understanding of this great 20th century thinker in economics. Peter Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA..

Economic schools --- Hayek, Friedrich --- Political science --- Economics --- von Hayek, Friedrich August, - 1899-1992 - Political and social views --- von Hayek, Friedrich August, - 1899-1992 --- Economic history. --- Political economy. --- Economic policy. --- History of Economic Thought/Methodology. --- International Political Economy. --- Economic History. --- Economic Policy.

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Alexis de Tocqueville’s work touched upon an exceptionally broad range of social scientific disciplines, from economics to religion, and from education to international affairs. His work consistently appeals to scholars dismayed by existing disciplinary silos. Tocqueville is also well-regarded for diagnosing both the promise and perils of democratic life. Consideration of his ideas provokes serious consideration of and engagement with contemporary trends as citizens in democratic countries cope with challenges posed by new technological, cultural, and political changes. However, attention to Tocqueville is uneven across disciplines, with political theorists paying him the most heed and economists the least. This volume focuses on political economy, trying to bridge this divide. This book collects essays by emerging scholars from a variety of disciplines—political science, economics, sociology, philosophy, and social thought—to examine Tocqueville’s thoughts on political and social economy and its contemporary relevance. The book is divided into two halves. The first half engages with the main currents of research on Tocqueville’s own thoughts regarding economic institutions, constitutionalism, liberalism, history, and education. The second half applies Tocqueville’s insights to diverse contemporary topics including international relations, citizenship, mass incarceration, and pedagogy. This volume will be of interest to scholars and students interested in Tocqueville, the history of political thought, and a variety of current policy issues.

Tocqueville, Alexis de, --- Tocqueville, Alexis Charles Henri Maurice Clérel de, --- Tokvilʹ, Alekseĭ de, --- De Tokvilʹ, Alekseĭ, --- Tokvilʹ, Aleksis de, --- De Tocqueville, Alexis, --- Tokuviru, Alexis, de, --- Toqueville, Alexis de, --- טוקוויל, אלכסיס דה --- توكڤيل، ألكسي دو، --- Tūkvīl, Āliksī dū, --- توکويل، آلکسى دو --- Clérel, Alexis Henri Charles de, --- Economic policy. --- Economics. --- Economic history. --- Political philosophy. --- Political theory. --- Political Economy/Economic Systems. --- History of Economic Thought/Methodology. --- Political Philosophy. --- Political Theory. --- Administration --- Civil government --- Commonwealth, The --- Government --- Political theory --- Political thought --- Politics --- Science, Political --- Social sciences --- State, The --- Political philosophy --- Economic conditions --- History, Economic --- Economics --- Economic theory --- Political economy --- Economic man --- Economic nationalism --- Economic planning --- National planning --- State planning --- Planning --- National security --- Social policy --- Political science --- Political science. --- Philosophy.

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Market process theory is crucial to our knowledge and expectations of actors working toward economic coordination and cooperation. In the wake of the 2008 financial crisis, there has been a renewed interested in using new applications of market process theory to better understand the global political economy. This volume brings together original research from the Austrian, Virginia, and Bloomington schools of political economy to analyse central elements of market process and market order. These include economic calculation, entrepreneurship, institutions and learning. Edited by three of the leading scholars in this field, the collection offers a multitude of new interdisciplinary understandings by engaging with scholars working in anthropology, economics, entrepreneurship, history, political science, public policy, and sociology.

Economics.