Hayek on Individualism and Spontaneous Order Practice Questions | Marginal Revolution University

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Practice Questions

Hayek on Individualism and Spontaneous Order Practice Questions

What was the name Hayek gave to the type of individualism he thought would lead to human flourishing? *

a. Robust individualism

b. Skeptical individualism

c. Benign individualism

Which of the following did Hayek consider to be a representative example of spontaneous order? *

a. Parades

b. Courts

c. Money

For Hayek, the essence of a free society entailed: *

a. Allowing spontaneous orders to flourish

b. Ensuring markets were adequately regulated

c. Centralizing the money supply

The rationalist tradition of individualism holds that: *

a. Humans have the mental power to manipulate reality to their liking

b. Humans lack an understanding of complex orders, so should allow orders to emerge spontaneously

c. Humans are ignorant of most things, so should only try to construct solutions to simple problems

What is one danger Hayek sees in social ordering based on false individualist principles? *

a. Inequality

b. Oppression

c. Entrepreneurial error

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Great Economists Classical Economics and Its Forerunners

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