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The Fatal Conceit: The Errors of Socialism Volume 1
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The Fatal Conceit: The Errors of Socialism Volume 1 Paperback - 1991 - 1st Edition

by F. a. Hayek; W. W. Bartley III (Editor)


From the publisher

Hayek gives the main arguments for the free-market case and presents his manifesto on the "errors of socialism." Hayek argues that socialism has, from its origins, been mistaken on factual, and even on logical, grounds and that its repeated failures in the many different practical applications of socialist ideas that this century has witnessed were the direct outcome of these errors. He labels as the "fatal conceit" the idea that "man is able to shape the world around him according to his wishes." "The achievement of The Fatal Conceit is that it freshly shows why socialism must be refuted rather than merely dismissed--then refutes it again."--David R. Henderson, Fortune. "Fascinating. . . . The energy and precision with which Mr. Hayek sweeps away his opposition is impressive."--Edward H. Crane, Wall Street Journal F. A. Hayek is considered a pioneer in monetary theory, the preeminent proponent of the libertarian philosophy, and the ideological mentor of the Reagan and Thatcher "revolutions."

From the rear cover

Adopting an economic and evolutionary approach throughout, Hayak examines the nature, origin, selection and development of the differing moralities of socialism and the market order; he recounts the extraordinary powers that 'the extended order' of the market, as he calls it, bestows on mankind, constituting and enabling the development of civilization.

Details

  • Title The Fatal Conceit: The Errors of Socialism Volume 1
  • Author F. a. Hayek; W. W. Bartley III (Editor)
  • Binding Paperback
  • Edition number 1st
  • Edition 1
  • Pages 194
  • Volumes 1
  • Language ENG
  • Publisher University of Chicago Press, Chicago, Illinois, U.s.a.
  • Date 1991-08-28
  • ISBN 9780226320663 / 0226320669
  • Weight 0.6 lbs (0.27 kg)
  • Dimensions 8.9 x 5.9 x 0.6 in (22.61 x 14.99 x 1.52 cm)
  • Library of Congress subjects Socialism, Economics - Moral and ethical aspects
  • Dewey Decimal Code 330.1

About the author

F. A. Hayek (1899-1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economics in 1974, was a pioneer in monetary theory and a leading proponent of classical liberalism in the twentieth century. He taught at the University of London, the University of Chicago, and the University of Freiburg.
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by F. A. Hayek, W. W. Bartley III (Editor)

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