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Hayek's career raises many puzzles and sometimes takes on the appearance of an endless trail of unresolved or only partly resolved issues.
Mark Blaug
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There were many Hayeks: Hayek, the political scientist; Hayek, the economist; Hayek, the philosopher of social science; Hayek, the psychologist. Even in these different roles, he played many parts.
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Why did his interest in the concept of spontaneous order and the history of the doctrine of unintended social consequences undergo very little development after the 1960s? All of his political writings are in fact amazingly repetitious, exploring a small number of big themes which, however, are not further refined or extended in new contexts. As organizing concepts, they held, I am convinced, enormous potentialities but nevertheless Hayek himself failed to realize them.
Mark Blaug
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Mark Blaug
Born:
April 3, 1927
Died:
November 18, 2011
(aged 84)
Bio:
Mark Blaug was a Dutch-born British economist, who has covered a broad range of topics over his long career.
Known for:
Economic theory in retrospect (1962)
Great economists before Keynes (1986)
Ricardian Economics: A Historical Study (1958)
Not only an economist (1997)
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