Friedrich Hayek's Moral Science

Abstract. F. A. Hayek's defense and analysis of the liberal state built on rule of law is both a moral and a scientific enterprise. The author shows that Hayek favors rule of law because it seeks to protect moral agency. It is procedurally rather than morally restrictive because men cannot easily know moral truth. Markets are included in Hayek's analysis not because they produce wealth but because they promote moral agency.