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Hayek and the Evolution of Capitalism - Chicago Scholarship Online
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Hayek and the Evolution of Capitalism

Naomi Beck


Hayek and the Evolution of Capitalism offers a fresh perspective on the thought of Nobel Laureate in economics F. A. Hayek, and an evaluation of key theoretical elements that are often overlooked in his work. In order to understand Hayek’s influential defense of the free market it is necessary to take a closer look at the evolutionary claims he advanced in its favor. By comparing Hayek’s theory of cultural group selection with past views (e.g., Darwin) and with recent research on social evolution, this study highlights some of the pitfalls that lurk in attempts to integrate evolutionary, econo ... More

Keywords: F. A. Hayek, Charles Darwin, capitalism, free market, cultural evolution, group selection, morality, progress, liberalism, evolution

Bibliographic Information

Print publication date: 2018 Print ISBN-13: 9780226556000
Published to Chicago Scholarship Online: January 2019 DOI:10.7208/chicago/9780226556147.001.0001


Affiliations are at time of print publication.

Naomi Beck, author
Council for Higher Education