Hayekian

From Hayek +‎ -ian.

Hayekian (not comparable)

1. (economics) Of or pertaining to the economic theories of Friedrich Hayek.
   • 2011, Robert Skidelsky, The Keynes-Hayek Rematch:

     Except to Hayekian fanatics, it seems obvious that the coordinated global stimulus of 2009 stopped the slide into another Great Depression.

   • 2025, Christian Hellwig, Venky Venkateswaran, “Dispersed information, nominal rigidities and monetary business cycles: A Hayekian perspective”, in Journal of Monetary Economics, →DOI:

     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.

Hayekian (plural Hayekians)

1. (economics) A proponent of the economic theories of Friedrich Hayek.
   • 2025 October 2, William Davies, “A critique of pure stupidity: understanding Trump 2.0”, in The Guardian‎^[1]:

     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.