Re: [PEN-L:8997] speaking of market socialism (Hayek)

1997-03-18 Thread Peter Dorman
There is nothing unreasonable about taking a close look at Hayek. His theory of information in an economy (tacit local, the role of discovery) is excellent, although it is weighed down with considerable baggage. I wouldn't go so far as to say there is a "left Hayekian" position, but it is

[PEN-L:8997] speaking of market socialism

1997-03-18 Thread Michael Perelman
I just got Gamble's Hayek: The Iron Cage of Liberty. It is a paen to Hayek. He concludes by saying to forget H's neanderthal politics. Why even socialists can learn from him how to perfect socialist society! How far we have come! Maybe we could redo the old sci-fi classic: invasion of the