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Rinkonomics: A Window on Spontaneous Order

Daniel B. Klein

in Knowledge and Coordination: A Liberal Interpretation

Published in print:
2014
Published Online:
April 2015
ISBN:
9780199355327
eISBN:
9780190261313
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199355327.003.0001
Subject:
Economics and Finance, History of Economic Thought

This chapter discusses Friedrich Hayek’s skating rink analogy, which explains the direct application of “spontaneous order” in economics and human society. The spontaneous order is a beneficial, ... More


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