Tuesday, May 3, 2022

Mostly Economics

Mostly Economics


Hayekian Economic Policy

Posted: 03 May 2022 04:11 AM PDT

Lars P. Feld and Daniel Nientiedt of Walter Eucken Institute in this paper: What is the appropriate role of the state in economic policy-making? This paper shows that Friedrich Hayek, who is often considered a proponent of laissez-faire liberalism, offers three different answers to this problem. First, Hayek argues that the state should provide a legal […]

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