Friedrich August von Hayek (1899-1992)(Second Edition)

Abstract

This paper is the sequel to chapter 30 of the 1999 first edition of The Elgar Companion to Law and Economics (ed. J. Backhaus). A new section has been added entitled 'An application of Hayekian law and economics: the comparative analysis of alternative monetary and banking regimes'.Hayek, Law and Economics, business cycle theory, monetary and banking regimes, law-based macroeconomics