The development of Professor Hayek’s research programme Available to Purchase

Discusses the ideas and theories of Professor F.A. Hayek and assesses their relevance to present day social economics. Opens with the theory of business‐cycles and compares Hayek′s ideas with those of Keynes in this area. Follows on with dynamic market theory and the theory of evolution of social institutions. Concludes with a summary of all three expanding their legacy – that they are models for future research.