TY - JOUR
T1 - Hayekian evolution reconsidered
T2 - A response to Caldwell
AU - Hodgson, G.M.
N1 - Copyright 2004 Elsevier B.V., All rights reserved.
PY - 2004/3/1
Y1 - 2004/3/1
N2 - Caldwell (2001. Hodgson on Hayek: a critique, Cambridge Journal of Economics, vol. 25, 541-55) raises a number of criticisms of Hodgson's (1993. Economics and Evolution: Bringing Life Back into Economics, Cambridge, UK and Ann Arbor, MI, Polity Press and University of Michigan Press) analysis of Hayek. This reply acknowledges the passages in The Constitution of Liberty where Hayek discusses evolutionary ideas. It is also agreed that the description in the secondary literature of Hayek as a 'methodological individualist'is misleading or flawed. However, it is argued that Hayek's neglect of Malthus remains real and problematic. This neglect is connected to Hayek's under-estimation of the scale of the Darwinian intellectual revolution. It is also argued here that Caldwell's attempt to justify Hayek's analytical assumption of the given individual is unconvincing.
AB - Caldwell (2001. Hodgson on Hayek: a critique, Cambridge Journal of Economics, vol. 25, 541-55) raises a number of criticisms of Hodgson's (1993. Economics and Evolution: Bringing Life Back into Economics, Cambridge, UK and Ann Arbor, MI, Polity Press and University of Michigan Press) analysis of Hayek. This reply acknowledges the passages in The Constitution of Liberty where Hayek discusses evolutionary ideas. It is also agreed that the description in the secondary literature of Hayek as a 'methodological individualist'is misleading or flawed. However, it is argued that Hayek's neglect of Malthus remains real and problematic. This neglect is connected to Hayek's under-estimation of the scale of the Darwinian intellectual revolution. It is also argued here that Caldwell's attempt to justify Hayek's analytical assumption of the given individual is unconvincing.
UR - http://www.scopus.com/inward/record.url?scp=1842428586&partnerID=8YFLogxK
U2 - 10.1093/cje/beh04
DO - 10.1093/cje/beh04
M3 - Article
AN - SCOPUS:1842428586
SN - 0309-166X
VL - 28
SP - 291
EP - 300
JO - Cambridge Journal of Economics
JF - Cambridge Journal of Economics
IS - 2
ER -