Friedrich Hayek’s economic and social thought is systematically reassessed in Bruce Caldwell’s demanding new book Hayek’s Challenge: An Intellectual Biography of F. A. Hayek (2004). Although Caldwell explains insightfully the development of the Nobel Laureate’s substantive work, his claims about the transformation of Hayek’s methodological commitments raise questions.
The Puzzle of Hayek
By Gerald P. O’Driscoll, Jr.
This
article
appeared in
the Fall 2004 issue of The Independent Review.
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