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pertaining to the economic theories of Friedrich Hayek, an Austrian and British economist and philosopher best known for his defense of classical liberalism


the Austrian school of economic and social theorists – in particular Hayek and von Mises – that proposed that the world was simply too complex to manage through state control and that only markets would be capable of functioning as an appropriately supple information-processing and coordination system

—p.158 Corbynism and the Parameters of Power (156) by Alex Williams
notable
6 years, 6 months ago