The aim of this paper is to develop some general Hayek’s ideas on the European project. Hayek demonstrated and analyzed the presence of two types of social order - a spontaneous order and a built one. Spontaneous order is a feature of society and economic development around a principle of...

The aim of this paper is to present the importance of the rules, the importance of those rules that influence economic activity. It will be presented the institutions starting from the "rules of the game" until the "rule of law". Then it will be explained the concept of "spontaneous order" and...

The aim of this paper is to present the Hayekian view on the prices system. We will demonstrate through theoretical examples that the hypothesis of neutral money is not verified and that to increase the production's volume is not necessary to increase the quantity of money. To argue this, we...

The aim of this paper is to present the approac on the income inequality of two holders of Nobel Price, Paul Krugman and Milton Friedman The ideas of the two authors are presented in parallel, highlighting specific characteristics of each one. From the paper it can be seen the differences of...