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Friedrich Hayek: The Complete Economist

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  • G. R. Steele

Abstract

By the width of his perspective, Hayek presents a challenge. Those who face up to that challenge are changed by the experience. The inevitable conclusion is that mainstream economics is defective by both its self‐indulgent over‐quantification and its persistence in presuming to formulate meaningful relationships between aggregates and averages.

Suggested Citation

  • G. R. Steele, 2008. "Friedrich Hayek: The Complete Economist," Economic Affairs, Wiley Blackwell, vol. 28(2), pages 67-69, June.
  • Handle: RePEc:bla:ecaffa:v:28:y:2008:i:2:p:67-69
    DOI: 10.1111/j.1468-0270.2008.00829.x
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    Cited by:

    1. Estrada, Fernando, 2010. "The power to tax: a lecture of Hayek," MPRA Paper 31384, University Library of Munich, Germany, revised 2011.
    2. Fernando, Estrada, 2010. "A reading Hayek on power to tax," MPRA Paper 21526, University Library of Munich, Germany.
    3. Estrada, Fernando, 2010. "Política tributaria y economía fiscal La posición Hayek (1959, 1979) con comentarios de Brenann/Buchanan (1980) [Fiscal tax policy and economy]," MPRA Paper 20094, University Library of Munich, Germany.
    4. Estrada, Fernando & González, Jorge Iván, 2014. "Tax Power and Economics," MPRA Paper 59075, University Library of Munich, Germany.
    5. Harvey James, 2010. "From the editor," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 27(1), pages 1-2, March.

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