Cover -- HAYEK'S POLITICAL ECONOMY: The socio-economics of order -- Copyright -- CONTENTS -- ILLUSTRATIONS -- ACKNOWLEDGEMENTS -- 1 INTRODUCTION -- THE ORIGIN OF THE INQUIRY INTO SOCIO-ECONOMIC ORDER -- SMITH'S HEIRS -- SITUATING HAYEK IN THE CONTEMPORARY CONTEXT -- THE ARGUMENT OF THE BOOK IN A NUTSHELL -- 2 PHILOSOPHY -- EPISTEMOLOGY AND ONTOLOGY -- KANT'S SUBJECTIVE-IDEALIST EPISTEMOLOGY -- TWO ONTOLOGIES -- EMPIRICAL REALISM -- TRANSCENDENTAL IDEALISM AND POSITIVISM -- CLARIFICATION OF CATEGORIES AND TERMINOLOGY7 -- CONCLUSION -- 3 THE PHILOSOPHY UNDERLYING HAYEK II's SOCIO-ECONOMIC THEORY -- HAYEK'S PHILOSOPHICAL POSITION IN NATURAL SCIENCE -- HAYEK'S PHILOSOPHICAL POSITION IN SOCIAL SCIENCE -- CONCLUSION -- 4 THE METHODOLOGY UNDERLYING HAYEK II's SOCIO-ECONOMIC THEORY -- SUBJECTIVISM -- HERMENEUTIC FOUNDATIONALISM -- THE ACTIONS OF AGENTS ARE MOTIVATED BY IDEAS -- THE NATURE OF SOCIAL WHOLES -- THE GOAL OF SOCIAL SCIENCE, 1: UNDERSTANDING -- THE GOAL OF SOCIAL SCIENCE, 2: EXPLANATION -- METHODOLOGICAL INDIVIDUALISM AND THE COMPOSITIVE METHOD -- SUBJECTIVISED POSITIVISM -- CONCLUSION -- 5 THE IMPLICATIONS OF HAYEK II's PHILOSOPHY AND METHOD FOR HIS SOCIO-ECONOMIC THEORY -- KNOWLEDGE -- EQUILIBRIUM -- AGENCY -- THE TELECOMMUNICATIONS SYSTEM OF THE PRICE MECHANISM -- CONCLUSION -- 6 HAYEK III's QUASI-TRANSCENDENTAL REALIST PHILOSOPHY -- TRANSCENDENTAL REALISM -- HAYEK III's QUASI-TRANSCENDENTAL REALISM -- THE TRANSFORMATIONAL MODEL OF SOCIAL ACTIVITY (TMSA) -- A SWITCH IN THE MODE OF THEORISING -- CONCLUSION: ONTOLOGY AND IMPLICATIONS OF HAYEK I, II AND III -- 7 KNOWLEDGE, IGNORANCE AND SOCIAL RULES OF CONDUCT -- IGNORANCE -- KNOWLEDGE -- THE NATURE OF SOCIAL RULES: THE EMBODIMENT OF KNOWLEDGE -- 8 RULES AND THE COGNITIVE PSYCHOLOGY UNDERPINNING RULE-FOLLOWING -- SOME PRELIMINARY COMMENTS ON RULES -- SOCIAL RULES OF CONDUCT.

RULES OF PERCEPTION -- THE ARTICULATION BETWEEN RULES OF PERCEPTION AND RULES OF CONDUCT -- EXPECTATIONS -- SOCIAL RULES VARY IN THE DEGREE OF ABSTRACTNESS OR GENERALITY -- HAYEK III's PHILOSOPHY AND THE ROLE PLAYED BY THE MIND -- CONCLUSION -- 9 THE ARTICULATION BETWEEN SOCIAL RULES OF CONDUCT AND THE TELECOMMUNICATIONS SYSTEM -- THE ARTICULATION BETWEEN PRICES AND RULES -- THE TELECOM SYSTEM AS A STIMULUS TO KNOWLEDGE ACQUISITION -- THE TELECOM SYSTEM IS EMBEDDED IN A NETWORK OF RULES -- RULES AND KNOWLEDGE WHEN THE TELECOM SYSTEM IS INOPERATIVE -- ADVANTAGES OF HAYEK'S CONCEPTION -- 10 HAYEK III's TRANSFORMATIONAL CONCEPTION OF SPONTANEOUS SOCIO-ECONOMIC ORDER -- THE ARGUMENT IN SUMMARY -- ONTOLOGY, METHOD, EQUILIBRIUM AND EMPIRICAL REALISM -- ORDER VERSUS EQUILIBRIUM -- ONTOLOGY, METHOD, TRANSFORMATION AND CRITICAL REALISM -- THE MARKET PROCESS OR CATALLAXY -- CONCLUSION -- NOTES -- BIBLIOGRAPHY -- INDEX.