Volkswirtschaftslehre

Am von in der Kategorie Paper, Publikationen.

In his latest paper, NOUS member Mark Pennington draws on Hayek’s distinction between simple and complex phenomena to understand the nature of the challenge facing policymakers in responding to the new coronavirus pandemic. He shows that while government action is justifiable there may be few systemic mechanisms that enable policymakers to distinguish better from worse… Read more »

Soziologie

Am von in der Kategorie Paper, Publikationen.

Hayek’s The Road to Serfdom has been interpreted as a general warning against state intervention in the economy. NOUS Member Nick Cowen and Aris Trantidis review this argument in conjunction with Hayek’s later work and discern an institutional thesis about which forms of state intervention and economic institutions could threaten personal and political freedom. The full paper… Read more »