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Liberty, Reason and Rules

In: The Economics of Friedrich Hayek

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  • G. R. Steele

Abstract

Things are never known as they are, but only as the outcome of the creativity of the human mind, as it classifies each sensory perception to create memory, which is modified continuously by experience. Through the creativity of the human mind, certain regularities of the experience of living in a material world may be categorised. That experience is interpreted through the construction of mental models, but the representation of reality that is possible to achieve through this kind of creativity is severely limited by our ability to generalise.

Suggested Citation

  • G. R. Steele, 2007. "Liberty, Reason and Rules," Palgrave Macmillan Books, in: The Economics of Friedrich Hayek, edition 0, chapter 3, pages 43-60, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-80148-6_3
    DOI: 10.1057/9780230801486_3
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