Hayekian
Speech parts
1. Hayekian - Noun
2. Hayekian - Adjective
Meaning
Hayekian (not comparable)
(economics) Of or pertaining to the economic theories of Friedrich Hayek.
Hayekian (plural Hayekians)
(economics) A proponent of the economic theories of Friedrich Hayek.
Examples
So many right libertarians are not Hayekian, which is why some of them are inclined towards anarchism and thus oppose both Keynesianism and Neoliberalism as well as corruptions of these two philosophies that more closely resemble fascism.
Therefore, the politics of individualism is an oxymoron and, by extension, the Hayekian notion of a market of individual decisions is an ideological fantasy.
The "informal" economics presented in Milton Friedman's massively influential popular work Free to Choose (1980), is explicitly Hayekian in its account of the price system as a system for transmitting and co-ordinating knowledge.