Rules for a globalised world

More about the book

Friedrich Hayek outlines two essential requirements for establishing an effective international order: the creation of purpose-independent abstract rules and identifying areas for genuine cultural agreement. His exploration of cultural evolution reveals that the development of social rules relies on higher-level constraining rules, which are not inherently present in international contexts. Additionally, Hayek's epistemology highlights the limitations of human cognition, suggesting that intercultural consensus may falter without shared cognitive frameworks, as illustrated by the concept of protected domains. The essay proposes employing Cultural Economics to address these complexities.