Dois artigos de Mario Rizzo
“Hayek’s Four Tendencies Toward Equilibrium” (pdf)
F.A. Hayek uses the concepts of “equilibrium” and the “tendency toward equilibrium” in a number of senses that are subtly, but importantly, different from each other. This article elucidates those differences and puts them in the context of his theoretical work. As far as I know, this is still the only article that undertakes this analysis.
This is an analysis of the uses of the equilibrium concept in the works of Ludwig von Mises, Friedrich Hayek and Ludwig Lachmann. It is claimed that for Mises the concept of equilibrium is an analytical tool or construct. Hayek and Lachmann thought of equilibrium in more realistic terms but differed as to the extent to which the real world approximates an equilibrium.
Tags: Hayek, Ludwig Lachmann, Mario Rizzo, Mises