The central theme in the work of F.A. Hayek was the problem of order in society, and his focus was epistemological. But while his work has greatly improved our understanding of market processes, application to more complex social arrangements was not an unambiguous success.
William N. Butos is Professor Emeritus in economics at Trinity College, Hartford, CT, and deputy editor of the journal Cosmos+Taxis. His research interests include the economics of science and the interaction of government and science, monetary economics, the history of economic thought, and the social science implications of the work of F.A. Hayek.
Thomas J. McQuade is an independent scholar. He is a former software entrepreneur and has taught economics at Trinity College in Hartford and as a visiting scholar at New York University. His research interests include the economics, philosophy, and history of science, and the development of the concept of "anticipatory systems" as an approach to social theory that encompasses arrangements such as market, science, government, and firm.