Part 1/9:
The Rediscovery of Friedrich Hayek: Economics and the Complexity of Society
In a world increasingly fascinated by economic systems, the ideas of Friedrich Hayek have found new resonance among economists and policymakers alike. Hayek, a prominent economist and philosopher, saw his theories fall out of favor for decades but are presently experiencing a renaissance. This article examines the factors contributing to this resurgence and how his views challenge the prevailing notions of economic planning.