<p>F. A. Hayek, a prominent 20th-century political economist in the Austrian tradition,</p><p>won the Nobel Prize in Economics in 1974 for his pioneering work on the theory of</p><p>money and economic fluctuations and on comparative institutional analysis. Hayek's</p><p>research highlights the importance and dispersed nature of knowledge, advancing</p><p>an interdisciplinary approach to understanding human behavior. Like any great and</p><p>productive scholar, he left behind a body of work that includes tensions, flaws, and</p><p>inconsistencies that must be confronted by scholars looking to engage, critique, and</p><p>advance his distinctive project in political economy.</p><p><br></p><p>Hayek's work is important but also open for contestation and improvement. <em>Hayek's</em></p><p><em>Tensions: Reexamining the Political Economy and Philosophy of F. A. Hayek</em> presents</p><p>a critical assessment of Hayek's research and ideas and identifies sources of tension</p><p>within his writing. The contributions to this edited volume include original chapters by</p><p>eminent scholars of complexity theory, of Austrian economics, and of Hayek himself.</p><p>The book's key takeaway is that the research program Hayek developed continues as</p><p>an open-ended project, both as a social-scientific approach and as a classical liberal</p><p>vision of a free society, rather than as a static dogma or set of theories from a bygone</p><p>era. Taken as a whole, this volume identifies important questions and areas for future</p><p>research by the next generation of political economists.</p>