Please write an answer to one of the essays listed below:
(1)
“Adam Smith was an uncompromising advocate of laissez-faire, who believed that the unrestrained pursuit of their self-interest would lead people to behave in ways that promoted the public good.” Discuss.
(2)
Should inequality be at the centre of economics?
(3)
What, according to Hayek, is the key economic problem facing society? How does he think the market solves it? Is his argument convincing?
The readings are those from the relevant lectures, as listed on the module outline.
Your essay should be no longer than 2000 words in total (including all footnotes and endnotes, but excluding the question titles and bibliography). Please ensure that any references you use are fully cited and that you follow a standard academic style of referencing.
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