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The Fatal Conceit: Errors of Socialism (The Collected Works of F.A. Hayek)
  
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The Fatal Conceit: Errors of Socialism (The Collected Works of F.A. Hayek) (Paperback)

by F.A. Hayek (Author)
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The Fatal Conceit: Errors of Socialism (The Collected Works of F.A. Hayek) + Constitution of Liberty (Routledge Classics) + The Road to Serfdom (Routledge Classics)
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Product details

  • Paperback: 192 pages
  • Publisher: Routledge; 1 edition (1 Mar 1990)
  • Language English
  • ISBN-10: 0415041872
  • ISBN-13: 978-0415041874
  • Product Dimensions: 23 x 15.6 x 1.4 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon.co.uk Sales Rank: 655,893 in Books (See Bestsellers in Books)

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Product Description

Product Description

Highly readable and controversial, a work of considerable scholarship and energy, The Fatal Conceit will greatly advance our understanding of the economic and political issues confronting the world.


From the Back Cover

F.A. Hayek presents a fundamental examination and critique of the central issues of socialism. His analysis begins with David Hume's insight that 'the rules of morality ... are not conclusions of our reason.' 'Was Socialism a mistake?' he asks, and drawing upon research in evolutionary epistemology, moral tradition, and other current ethical thinking, he probes for answers. He argues that socialism, from its origins, has been mistaken on scientific and factual, even on logical grounds - and that its repeated failures were the direct outcome of these scientific errors. Highly readable and controversial, a work of considerable scholarship and energy, The Fatal Conceit will greatly advance our contemporary understanding of the economic and political issues confronting the world, especially important as debates between socialism and capitalism grow.

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9 of 12 people found the following review helpful:
5.0 out of 5 stars This book is a must for all lovers of freedom, 29 Aug 1999
By A Customer
For those who wonder why the promised utopia of state intervention never seems to work out as planned, this book provides the answer. Hayek addresses a much ignored theme, namely how institutions like money, markets and trade developed spontaneously and flourished because they were superior to any alternatives, not because they were consciously designed. He makes a powerful argument for tampering with these at our peril, and does so in a style that is not beyond the scope of a reader not familiar with economic theory. This book would represent excellent value were it ten times the actual price.
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