It has been suggested recently by several scholars that the ideas of Friedrich von Hayek should play a prominent role in shaping the future of European private law. This paper examines what we can learn from Hayek for the further development of European contract law. Hayek rightly underlines...

This is an uncorrected author's draft of a paper forthcoming in Critical Review: A Journal of Politics and Society (2015). For citation and quoting purposes, please use the published version, available from September 24, 2014 on the Critical Review Web site's 'latest articles' page. The notion...

In this paper we revisit the case for methodological individualism for the positive analysis of political economy. We argue that the basis of methodological individualism implies neither a necessary commitment to atomistic reductionism in explaining social phenomena nor philosophical...

The Brexit vote surprised and even astonished a large number of people around the world who could not – and cannot – understand why citizens of the United Kingdom would vote to secede from the European Union. If, however, one understands not just the current problems the British citizenry...

Friedrich August von Hayek (1899-1992) was among the most significant liberal thinkers of the past century. The evolution of his research agenda has attracted extensive attention, a common "split" being Hayek I (the business cycle theorist) and Hayek II (the social philosopher). The present...

This article serves two purposes, (i) to introduce “The Comparative Order and its Implementation,” a seminal article published in 1949 by Walter Eucken, ordoliberalism's, or the “Freiburg School's,” most prominent scholar, and (ii) to compare some ordoliberalist competition policy...