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Whatever Happened to Hayek?

In: Hayek: Economist and Social Philosopher

Author

Listed:
  • E. F. M. Wubben
  • Eamonn Butler

Abstract

The present interest in Hayek’s work is due to a large extent to an article written by J. R. Hicks. How ironic, that, at the end of the 1960s, this eminent economist, who had once laid the mathematical foundations of the Keynesian revolution, brought back Austrian economics in general and Hayek in particular from the wilderness. His ‘Hayek Story’ begins with the assertion that, ultimately, historians of economic thought would make it clear that Hayek had been a leading character in the apparently spectacular, if not fundamentally earth-shattering, developments comprising the history of economic analysis during the 1930s: ‘it was quite a drama’ (Hicks, 1967, p. 203).

Suggested Citation

  • E. F. M. Wubben & Eamonn Butler, 1997. "Whatever Happened to Hayek?," Palgrave Macmillan Books, in: Stephen F. Frowen (ed.), Hayek: Economist and Social Philosopher, chapter 13, pages 281-309, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-25991-5_13
    DOI: 10.1007/978-1-349-25991-5_13
    as

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