Munich Personal RePEc Archive

F. A. Hayek'in Bilgisizlik Teorisi Çerçevesinde Piyasa, Denge ve Planlama

Göcen, Serdar (2015): F. A. Hayek'in Bilgisizlik Teorisi Çerçevesinde Piyasa, Denge ve Planlama. Published in: Suleyman Demirel University , Vol. 20, No. 3 (2015): pp. 385-404.

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Abstract

In this article, the implications of the theory of ignorance developed by Hayek to economic theory and policy will be examined. The theory of ignorance appeared especially in the second period of Hayek’s career and has been applied to the field of economics, politics, and law. Accordingly, people do not have knowledge about the institutions they’ve got today, knowledge which other people have, their actions and the results of them. This kind of knowledge cannot exist as cumulative and the amount of it cannot be enhanced by technological developments. Hence, developing theories, making plans and practices as if we have complete knowledge will not conclude as we desire. This study will discuss and sum up Hayek’s criticizes on market perception, the assumption of perfectly competitive market, and equilibrium analysis of mainstream economics, his contributions to the possibility of economic calculation in socialism and central planning, and recent development in information theory of mainstream economics.

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