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Hayekian evolution reconsidered: a reply to Hodgson

Article Abstract:

Differences in interpretation concerning Hayek's views on the Malthus-Darwin relationship, cultural evolution, the extent to which Hayek may be characterised as an ontogenist, and the methodological individualism have not changed, though certain area of agreement are noted. It is evident that Hodgson has not fully freed himself from his earlier mistaken characterisation of Hayek's methodological individualism.

Author: Caldwell, Bruce
Publisher: Academic Press Ltd.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2004
Social evolution

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The hidden persuaders: institutions and individuals in economic theory

Article Abstract:

The classic book 'The Hidden Persuaders' highlights how large corporations have used advertising techniques to manipulate consumers. A concept of 'reconstitutive downward causation' in which individuals act upon individual habits and dispositions is proposed.

Author: Hodgson, Geoffrey M.
Publisher: Academic Press Ltd.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2003
United Kingdom, Consumer Behavior, Consumer behaviour

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Hayekian evolution reconsidered: a response to Caldwell

Article Abstract:

Caldwell raises a number of criticisms of Hodgson's analysis of Hayek. It is argued that Hayek's neglects of Malthus remains real and problematic.

Author: Hodgson, Geoffrey M.
Publisher: Academic Press Ltd.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2004
Economic research

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Subjects list: United States, Analysis, Economics, Economic theory
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