Entrepreneurship, Money and Coordination: Hayek's Theory of Cultural Evolution

Hayek's theory of cultural evolution has always generated controversy. Interest in Hayek's theory, and others' analysis and criticism of it, has been rising of late. This volume urges a reconsideration of Hayeks' theory of evolution and aims to explore the relevance of Hayek's theory for its own sake and for evolutionary economics more generally.

Entrepreneurship, Money and Coordination includes chapters written by leading academics on:

• Hayek's theory of the mind
• the evolution of legal rules
• Hayek and the evolution of designed institutions: a critical assessment
• entrepreneurship in the theory of cultural evolution
• Hayek's 'free money movement' and the evolution of monetary order in historical perspective
• the evolution and cultural function of money.

This book will be of particular interest to academics and scholars of Austrian and evolutionary economics, as well as economic theorists.