“Friedrich Hayek” subsection ‘Work’ – Wikipedia Entry

Here’s the section of Friedrich Hayek’s Wikipedia entry subheaded “Work”.  Correct it, expand it, or improve it as you see appropriate:

[edit] The economic calculation problem

Hayek was one of the leading academic critics of collectivism in the 20th century. Hayek believed that all forms of collectivism (even those theoretically based on voluntary cooperation) could . . . → Read More: “Friedrich Hayek” subsection ‘Work’ – Wikipedia Entry

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Rational behavior is not a premise of economic theory .. the basic contention of theory is rather that competition will make it necessary for people to act rationally in order to maintain themselves. — F. A. Hayek

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