Alfred Marshall has traditionally been listed alongside pioneering 'neoclassical' economists. In this volume Neil Hart challenges this view, illuminating the ambiguities within Marshall's work, and exploring his reconciliation of two modes of thinking, equilibrium economics and evolutionary...

1 Historical reviews around evolving ideas of the Invisible Hand -- 2 The historic design of the Demand Law and its reconstruction -- 3 Network analysis of production and its renewal -- 4 Matching mechanism differences between classical and financial markets -- 5 The evolution of the market and...

In this accessible book, Gavin Kennedy takes a fresh look at Adam Smith's moral philosophy and its links to his political economy and his lectures on Jurisprudence. The book provides a new analysis of Wealth of Nations , and argues that Adam Smith's intellectual legacy was completely transformed...

This latest volume in the Collaborative Biography of Hayek examines the interconnectedness between Hayek’s (1944) The Road to Serfdom and George Orwell’s Animal Farm (1945) and Nineteen Eighty-Four (1949); his relationship with Karl Popper and Karl Polanyi; and the work of Wilhelm von...

Hayek claimed that he always made it his rule ‘not to be concerned with current politics, but to try to operate on public opinion.’ However, evidence suggests that he was a party political operative with ‘free’ market scholarship being the vehicle through which he sought - and achieved -...

This book explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Set within a context of the recent financial crisis, alongside the renewed interest in Hayek and the Hayek-Keynes debate, the book introduces the main themes of...

On 9 August 1974, Richard Nixon resigned to avoid impeachment; on 29 April 1975, the United States scuttled from their Embassy in Saigon - optics that were interpreted as defeats for the ‘International Right’. Yet in 1975, Margaret Thatcher became leader of the Conservative Party; and in...

This book is the ninth volume in this series which explores the life of Nobel Price-winning economist F.A. Hayek (1899-1992). Hayek was famous for promoting an Austrian version of classical liberalism: this multi-volume biography examines the evolution of Hayek’s life and influence. In this...

F.A. von Hayek (1899-1992) was a Nobel Prize winning economist, famous for promoting an Austrian version of classical liberalism. The multi-volume Hayek: A Collaborative Biography examines the evolution of his life and influence. Two concepts of civilization revolve around power - should it be...

Funded by the tobacco and fossil fuel industries, the Mises- and Hayek-inspired ‘free’ market has adopted ‘The Slogan of Liberty’ - but should their faith-based assertions be accorded the same epistemological status as a science? If Austrian economics is a branch of divinely revealed...