The Fatal Conceit: The Errors of Socialism

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University of Chicago Press, 2011 M07 15 - 193 páginas
A critique of socialism by the Nobel Prize–winning economist: “The energy and precision with which Mr. Hayek sweeps away his opposition is impressive.” —The Wall Street Journal

In this work, F.A. Hayek—a pioneer in monetary theory and proponent of libertarian philosophy—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 the twentieth century 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.” —Fortune
 

Contenido

Preface
5
Was Socialism a Mistake?
6
Between Instinct and Reason
11
The Origins of Liberty Property and Justice
29
The Evolution of the Market Trade and Civilisation
38
The Revolt of Instinct and Reason
48
The Fatal Conceit
66
The Mysterious World of Trade and Money
89
The Extended Order and Population Growth
120
Religion and the Guardians of Tradition
135
Appendices
141
Editors Acknowledgements
158
Bibliography
159
Name Index
173
Subject Index
176
Derechos de autor

Our Poisoned Language
106

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Acerca del autor (2011)

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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