FAIL (the browser should render some flash content, not this).
Bulgarian (Български)English (United Kingdom)

Contents Issue 3 2003

News image

GUEST Dimitar Panitsa ANALYSES Petranka PhillevaIn the Context of Global Change Ivo Hristov The Legislation - Caught Between ...

повече

About Prof. Georgi P. Genov and his Poli

Back

повече

Cherry-Picking as the Future of the Tran

Back

повече
-
+
4
Кой е онлайн
We have 42 guests online

Frederich Von Hayek and His Critique of the Centrally Planned Economy

The article presents and analyzes a particular type of social engineering, i.e. the one underpinning the centralized planning of economy (also referred to as command economy, planned economy, centralized governance of the economic activity etc.), as well as Friedrich von Hayek’s critique of it. The author divides Hayek’s critique of the central planning into three groups: 1) criticism of the very notion of society which planned economy is based on (i.e. sociological critique); 2) criticism of the understanding of the nature of human knowledge guiding centralized economy (epistemological critique), and 3) criticism of the ethic model, imposed by the ideas underlying that type of social engineering (ethical critique). Those three types of criticism are presented as oppositions between key notions in Hayek’s theory and those in collectivist theories.

Back