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Hayek's Theory of Cultural Evolution: An Evaluation in the Light of Vanberg's Critique

1991; Cambridge University Press; Volume: 7; Issue: 1 Linguagem: Inglês

10.1017/s0266267100000912

1474-0028

Geoffrey M. Hodgson,

Experimental Behavioral Economics Studies

The application of evolutionary ideas to socioeconomic systems has been an increasingly prominent theme in the work of Friedrich Hayek, and the motif has become dominant in his recent book (Hayek, 1988). In an earlier issue of this journal, Viktor Vanberg (1986) raises two substantive criticisms of Friedrich Hayek' theory of cultural evolution that invoke some important questions concerning use of the evolutionary analogy in social science.