Question: What did Hayek claim those who must distribute resources would lack most?
Answer: enough information

Question: Whose work most notably influenced Hayek's argument regarding resource distribution?
Answer: Max Weber

Question: What is the one way Hayek argued that resource distribution could succeed?
Answer: through the price mechanism in free markets

Question: Other than Max Weber, who was a notable influence to Hayek's statements regarding resource distribution?
Answer: Ludwig von Mises

Question: What did some socialists bring up as a rebuttal to Hayek's resource distribution argument?
Answer: general equilibrium theory

Question: What did socialists believe equilibrium theory invalidated?
Answer: Mises's thesis

Question: According to those who argued against Hayek, what sets planned and free markets apart is what?
Answer: who was responsible for solving the equations

Question: What type of economic system did the socialists want to avoid?
Answer: free market

Question: Which of Hayek's books argued against the socialist price mechanism?
Answer: The Use of Knowledge in Society

Question: Which type of economy did Hayek believe the price mechanism to be less effective with?
Answer: central planning

Question: The arguments presented in The Use of Knowledge in Society created an starting point for who?
Answer: Oliver Williamson

Question: The arguments presented in Hayek's 1945 book were a large reason for being granted what award?
Answer: the Nobel prize

Question: What was the name of the ideology Hayek criticized?
Answer: collectivism

Question: How did Hayek believe collectivism could be maintained?
Answer: a central authority

Question: According to Hayek, what is necessary for the implementation of a socialist economy?
Answer: central economic planning

Question: Hayek believed the requirements for a socialist economy would lead to what?
Answer: totalitarianism

Question: What did Hayek believe was the core responsibility of the state?
Answer: maintain the rule of law

Question: Hayek believed the state could aid the economy by doing what?
Answer: creating a "safety net"

Question: Who did Hayek say economic security should be guaranteed to?
Answer: all

Question: According to Hayek, clothing, food and shelter should be provided to what extent?
Answer: sufficient to preserve health

Question: What sort of system did Hayek propose the government create?
Answer: social insurance

Question: In what economic field of study does Hayek's views differ from those in macroeconomics?
Answer: microeconomics

Question: What is the term used to describe economists following Keynes school of thought?
Answer: "Marshallian"

Question: Whose works inspire the term "Walrasian" in economics?
Answer: Abba Lerner

Question: When did Hayek start working on Abuse of Reason?
Answer: During World War II

Question: What did Hayek specifically aim to expose in Abuse of Reason?
Answer: fundamental misconceptions about the social science

Question: Whose beliefs in scientific philosophy were similar to Hayek's?
Answer: Karl Popper

Question: What did Hayek use to refer to the spread of ignorance and misunderstanding within the social sciences?
Answer: scientism

Question: In scientism, it is typically believed that explanations in science are what?
Answer: simple two-variable linear relationships

Question: In what year was the book published in which Hayek developed Hebbian learning?
Answer: 1952

Question: Before he began studying economics, what concept did Hayek come up with that was later featured in his 1952 book?
Answer: Hebbian learning

Question: What did Hayek present in his 1952 book that affected multiple areas of science?
Answer: "Hebbian synapse"

Question: What is the name of the book in which Hayek presented the Hebbian Synapse?
Answer: The Sensory Order: An Inquiry into the Foundations of Theoretical Psychology

Question: When did Hayek begin presenting his ideas on the limits of human knowledge?
Answer: the latter half of his career

Question: What did Hayek want society to function around?
Answer: a market order

Question: What is the responsibility of government in Hayek's market order?
Answer: to enforce the legal order

Question: What would be the cause of the success for the Hayek's ideal free-market?
Answer: would be self-regulating

Question: What would Hayek's free-market not require in order to function properly?
Answer: good men

Question: What concept did Hayek dislike?
Answer: social justice

Question: How did Hayek feel regarding income distribution?
Answer: there is no point in calling the outcome just or unjust

Question: What reason does Hayek provide for differences in income distribution not being a matter of just or unjust?
Answer: the results of the individual's efforts are necessarily unpredictable

Question: According to Hayek, a society in which income is redistributed is what?
Answer: the opposite of a free society

Question: What has Hayek's views on the market been used to defend?
Answer: non-interventionist policy

Question: What is the term used to describe the obligation for humans to avoid disrupting the ecosystem?
Answer: prima facie

Question: What are ecosystems views to be?
Answer: spontaneous orders

Question: One might still support spontaneous orders without agreeing with which of Hayek's assessments?
Answer: analysis of markets

Question: What is limited by the ignorance of humanity?
Answer: our ability to manipulate nature

Question: According to Wapshott, who was promoting the implementation of universal health care?
Answer: Hayek

Question: Who did Hayek say should provide a safety net for society?
Answer: the state

Question: In which of Hayek's works did he make his statements regarding social insurance?
Answer: The economic calculation problem

Question: Who made the claim that Hayek was particularly determined regarding his beliefs on social insurance and a safety net?
Answer: Bernard Harcourt

Question: Who criticizes Hayek's ability to provide specific facts?
Answer: Arthur M. Diamond

Question: Diamond believes Hayek's weaknesses come out when he steps beyond the bounds of what topic?
Answer: economic science

Question: What term does Diamond use to refer to Hayek?
Answer: intellectual skeptic

Question: Diamond states that the final result of Hayek's statements are what?
Answer: confused and contradictory

Question: At what point did Hayek claim dictatorships may be necessary?
Answer: a transitional period

Question: What did Hayek claim to prefer over a democratic government in the absence of liberal ideals?
Answer: a liberal dictatorship

Question: What did Hayek believe the Chilean government would become in the future?
Answer: a liberal government

Question: As claimed by Hayek, Chilean citizens had more freedom under which ruler?
Answer: Pinochet

Question: Hayek believed that authoritarianism was very different from what?
Answer: totalitarianism

Question: What country did Hayek arrive in where he provided his disctinction between totalitarianism and authoritarianism?
Answer: Venezuela

Question: What did Hayek believe to be absent from Latin America?
Answer: totalitarian governments

Question: What is Hayek's definition of totalitarian?
Answer: the want to “organize the whole of society” to attain a “definite social goal”

Question: What did Hayek claim to be better than investing in government spending programs?
Answer: private investment in the public markets

Question: What other notable figure signed the letter in which Hayek made his statement regarding private investment?
Answer: Lionel Robbins

Question: Who was responsible for England's return to the use of gold as standard currency?
Answer: Churchill

Question: With whom did Hayek disagree with publicly?
Answer: John Maynard Keynes

Question: Which economist is cited the most by winners of the Nobel prize in that field?
Answer: Kenneth Arrow