Does Hayek believe in laissez-faire liberalism?

This paper shows that Friedrich Hayek, who is often considered a proponent of laissez-faire liberalism, offers three different answers to this problem. First, Hayek argues that the state should provide a legal framework for competitive markets.

Was Hayek a laissez-faire purist?

False: Hayek was not, however, a laissez-faire purist. In fact, he called for such governmental interventionist measures as a mandated minimum wage, antitrust regulation, and some form of a social safety net. What were the outcomes for the U.S. economy following the 1944 Bretton Woods conference? 1.

Why was Friedrich Hayek important?

Friedrich Hayek was a defender of free-market capitalism and spoke out against many of the economic norms of the 20th century, such as Keynesian economics and socialism. Hayek is considered a major social theorist and political philosopher of the 20th century.