The continuing relevance of F.A. Hayek's political economy

Explorations in Austrian Economics

ISBN: 978-1-84855-330-9, eISBN: 978-1-84855-331-6

ISSN: 1529-2134

Publication date: 12 November 2008


This chapter explores the political economy of F.A. Hayek with emphasis on the continued relevance of his work for contemporary scholars. We focus on the theme of coordination throughout Hayek's research program. This general theme can be traced from Hayek's technical economics up through his later writings in political philosophy. After considering Hayek's major works in political and legal theory, we conclude by discussing the contemporary implications of Hayek's political economy. Specifically, we discuss eight areas where modern economists should pay close attention to the main lessons and themes in Hayek's writings.


Boettke, P.J., Coyne, C.J. and Leeson, P.T. (2008), "The continuing relevance of F.A. Hayek's political economy", Koppl, R. (Ed.) Explorations in Austrian Economics (Advances in Austrian Economics, Vol. 11), Emerald Group Publishing Limited, Bingley, pp. 79-98.

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