Hayek, Communicational Liberal Argument and its Fate Cover Image

Hayek, komunikacijski liberalni argument i njegova sudbina
Hayek, Communicational Liberal Argument and its Fate

Author(s): Dag Strpić
Subject(s): Political Theory, Political economy
Published by: Fakultet političkih znanosti u Zagrebu
Keywords: Hayek; economic theory; political theory; liberalism;

Summary/Abstract: The convergent cycles of the prevalence of interventionist or laisser-faire concepts have been alternating in economy, politics, and political and economic theory. Hayek’s theory of western rationality and liberal and democratic order is based on two communicational arguments: price earnings ratio enables maximum mobilization of resources and the optimal use of information. The author’s opinion is that the current cycle is to bring about the integration of the liberal communicational argument with the new concepts of regulation, and not the universalization of the liberal order.

  • Issue Year: XXXI/1994
  • Issue No: 03
  • Page Range: 71-81
  • Page Count: 11
  • Language: Croatian