Review of Theodore Burczak’s “Socialism after Hayek”

Onion Eater

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Theodore Burczak’s Socialism after Hayek is the 2007 winner of the Smith Center Annual Prize in Austrian Economics.

Socialism after Hayek has been trumpeted as a “stimulating book” in the pages of the Review of Austrian Economics.

“Very deep” gushes Steve Horwitz, the organizer of a conference at the Institute for Humane Studies to promote this latest advance in Austrian Economics.

Peter J. Boettke said:
Theodore A. Burczak's Socialism after Hayek is a thoroughly researched and thoughtful examination not only of the ideological debate that framed the twentieth century, but of Hayek's intellectual framework. Burczak hopes for an economic framework that is both humanistic in its approach and humanitarian in its concern while being grounded in good reasons. The book should be on the reading list of every comparative political economist and in particular anyone who wants to take Hayek seriously, including those who would like to push Hayek's classical liberal politics toward the left in the twenty-first century. Burczak has made an outstanding contribution to the fields of political and economic thought and to Hayek studies in particular.

Stephen Resnick said:
A brilliant, fair-minded approach to Marx, Hayek, Sen, and Nussbaum yields a needed socialist vision for the twenty-first century.

I have written a short review of Burczak’s Socialism after Hayek.

Have I given this “needed socialist vision for the twenty-first century” a fair and accurate critique? Let me hear your opinion!
 
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Theodore Burczak’s Socialism after Hayek is the 2007 winner of the Smith Center Annual Prize in Austrian Economics.

Socialism after Hayek has been trumpeted as a “stimulating book” in the pages of the Review of Austrian Economics.

“Very deep” gushes Steve Horwitz, the organizer of a conference at the Institute for Humane Studies to promote this latest advance in Austrian Economics.





I have written a short review of Burczak’s Socialism after Hayek.

Have I given this “needed socialist vision for the twenty-first century” a fair and accurate critique? Let me hear your opinion!/QUOTE]

I've got to tell you, Onion. I like it. Economics is not my strong suit, although I have a fair grasp of enough specifics to feel I have an adequate comprehension. I read through your section one, somewhat lost in the players, but getting your drift. I decided to follow the advice at the end of that section "Practical men can stop reading now."

The one thing that jumps out at me is that there is such disparity in basic socialistic philosophies. I guess it goes to show that those dedicated to the premise will continue to attempt to modify and tweak it, to try to add new labels and new definitions, whatever they can to try to make a flawed concept work.

Even if I cannot fully appreciate it, I did appreciate your interjection of user-friendly language. You've got a thumbs up from me!
 
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Onion Eater has absolutely no understanding of Burczak's adaptation of Hayekian insights into distributed and tacit knowledge problems, as evidenced by his inaccurate reference to him and David Ellerman as "communists."
 
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