hayekian
Word Rarity
Very rare
Frequency: Zipf frequency 1.02 in modern English
18
Scrabble Score
8
Letters
1
Syllables
7
Unique Chars
Meaning
adj
Of or pertaining to the economic theories of Friedrich Hayek.
Example Sentences
- "With the arrogance of youth, I myself expounded the Hayekian analysis to the faculty and students at Columbia University in the fall of 1931."
- "Except to Hayekian fanatics, it seems obvious that the coordinated global stimulus of 2009 stopped the slide into another Great Depression."
- "Although Keynes focused on investment, not pricing decisions, the beauty contest analogy implicitly refers to the same key elements that govern departures from the Hayekian benchmark: forward-looking investment decisions which require agents to forecast future market conditions, complementarities that introduce a need to forecast other investors’ expectations, and the focus on stock markets in which there tends to be a significant and persistent common value component."
- "Most students of economics at LSE and many members of the staff became Hayekians or, at any rate, incorporated elements of Hayek's approach in their own thinking."
- "One morning in April, the S&P 500 jumped 6% after a viral rumour that Trump’s tariff policy was being paused – a rumour the Financial Times traced back to a pseudonymous X user named Walter Bloomberg, based in Switzerland, with no offline credentials whatsoever. A Hayekian might point out that the error was quickly corrected – the market dropped 6% again within the hour – but this was a manifestly stupid turn of events."