"The invisible hand of the market”: Friedrich Hayek’s neoliberal faith

While the Austrian economist Friedrich Hayek attempted to obscure the providentialism underpinning the account of social order he claimed to derive from the Scottish Enlightenment, his own account of the “invisible hand” relies on faith in the workings of the market and submission to incomprehensible market forces.

In this opinion piece, UNSW Scientia Fellow and Associate Professor Jessica Whyte, explores Hayek's work where the social mechanism may no longer be guided by the invisible hand of God’s providence, but what it requires is Calvinist in its severity.

Read the full article on the ABC’s Religion and Ethics portal.

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