Published by Universidad Francisco Marroquín
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This edited volume explores the depth and breadth of F. A. Hayek’s scholarship, the core of which examines how individuals can realize social coordination without command across time and place. Throughout his career, Hayek was in a constant process of explication, refinement, and rearticulation of the process and institutional conditions under which individuals could harness the creative powers of a free civilization. Although tensions and potential inconsistencies arose in Hayek’s work over the course of eight decades, a unifying theme runs throughout his scholarship, which is captured across all the contributions to this volume: Hayekian ideas are “imperfect”—not in the sense of being flawed, but of being incomplete. Such imperfection has served as an invitation for each author to extend and further develop Hayek’s ideas through rearticulation, recontextualization, and reapplication in ways that Hayek may have never anticipated.
Each chapter demonstrates that the exploration of Hayekian ideas constitutes a progressive research agenda, one that will continue to invite critical engagement for years to come. Collectively, the contributions to this volume reflect Hayek’s lifelong inquiry into the process by which private property under the rule of law, money prices, and profit-and-loss signals generate a tendency towards social coordination. These same inquiries not only drew Hayek into other disciplines, but also continue to inspire the contributors to render his ideas ever more complete.