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Friedrich Hayek's Theory of Spontaneous Order: Two Problems
Authors:Elias L. Khalil
Affiliation:(1) Mansfield Campus, Ohio State University, Mansfield, OH 44906, USA
Abstract:The paper finds Hayek's basic building block, the natural/artificialcontrast, to be illuminating. But the manner in which Hayek classifiesentities according to the contrast generates two major problemsin his socio-economic theory. First, Hayek's concept ldquodesignrdquoconfuses the technical construction of, e.g., a chair with thedeliberate organization of division of labor within the firm.Second, Hayek's notion ldquospontaneous orderrdquo fails to note twokinds of natural order — firms and markets.
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