Tag Archives: Hayek

Hayekian accounts rest on a self-contradictory assumption about natural selection

This post emerges from my puzzling over the overlap between Hayek’s neoliberal critique of attempts to model complexity well enough to make predictions and economic policy and my view that “knowledge, plans, and action [have to] be continually reassessed in response to developments — predicted and surprising alike” (as described in a 2011 post).

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Critiques of attempts to model complexity well enough to make predictions and policy

In December 2009, I heard Jeremy Walker relate developments over recent decades in ecology, economics, and security policy and connect them with the theories of the neo-liberal economist, Hayek, whose views underwrite minimizing government to allow private corporations to adapt to inevitable crises (Walker and Cooper 2011).  I’m still puzzling over the overlap between Hayek’s critique of attempts to model complexity well enough to make predictions and policy and my view that “knowledge, plans, and action [have to] be continually reassessed in response to developments — predicted and surprising alike” as stated in my personal website and elaborated in Unruly Complexity [U. Chicago 2005]).  The challenge is to explain why Hayekians are dangerously wrong and I’m not!

Reference

J. Walker & M. Cooper (2011). Genealogies of resilience: From systems ecology to the political economy of crisis adaptation Security Dialogue 42: 143-160