Friedrich Hayek was awarded the 1974 Nobel Prize for Economic Sciences for his contributions to the analysis of money and the business cycle, and for his penetrating analysis of the interdependence of economic, social and institutional phenomena. Hayek was a polymath: he systematically analyzed...

In economics, the market has been understood to steer behavior towards a competitive equilibrium in which all economic actors behave optimally, and in which welfare of society is maximized. Yet many economists have also seen shortcomings to this ideal picture of the market in the form of limited...

After injustice and repression -- The subject of desire and the subject of capitalism -- The psychic constitution of private space -- Shielding our eyes from the gaze -- The persistence of sacrifice after its obsolescence -- A God we can believe in -- A more tolerable infinity -- The...