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The Constitution of Liberty by F. A. Hayek
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The Constitution of Liberty (original 1960; edition 1978)

by F. A. Hayek

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9651021,467 (4.34)13
Originally published in 1960, The Constitution of Liberty delineates and defends the principles of a free society and traces the origin, rise, and decline of the rule of law. Casting a skeptical eye on the growth of the welfare state, Hayek examines the challenges to freedom posed by an ever expanding government as well as its corrosive effect on the creation, preservation, and utilization of knowledge. In distinction to those who confidently call for the state to play a greater role in society, Hayek puts forward a nuanced argument for prudence. Guided by this quality, he elegantly demonstrates that a free market system in a democratic polity--under the rule of law and with strong constitutional protections of individual rights--represents the best chance for the continuing existence of liberty. Striking a balance between skepticism and hope, Hayek's profound insights remain strikingly vital half a century on. This definitive edition of The Constitution of Liberty will give a new generation the opportunity to learn from Hayek's enduring wisdom.… (more)
Member:dlevinson
Title:The Constitution of Liberty
Authors:F. A. Hayek
Info:University Of Chicago Press (1978), Edition: Pbk. Ed, Paperback, 580 pages
Collections:Your library
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Tags:economics

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The Constitution of Liberty by F. A. Hayek (1960)

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English (9)  Greek (1)  All languages (10)
Showing 1-5 of 9 (next | show all)
Friedrich Hayek's work is split into 3 parts value of Freedom, Freedom and Law and perils of a welfare state ; it essentially can be distilled to striking a fine but crucial balance between entrepreneurial capitalism and progressive socialism . Hayek approaches each chapter with meticulous analysis in an attempt to traverse the treacherous territory trying to bridge egalitarian philosophical principles with economic theory; at times reading through these parts was painstaking slow and laborious.
Some aspects are dated when seen in the backdrop the threat automation presents ; but nevertheless this is truly great body of work . ( )
  Vik.Ram | Aug 12, 2022 |
The fullest and most consistent exposition of the pure laissez-faire doctrine. A testament of 19th century liberalism. Quotes The Economist describes it as a theoretical "Tower of Pisa, skewed at its foundations and pointing a long way out of true." (1963)
  GLArnold | Jul 15, 2022 |
NA
  pszolovits | Feb 3, 2021 |
A detailed and scholarly argument for putting limits on the power of the state and government machinery, in order to preserve liberty. Tends to be a little one-sided sometimes, exaggerating the negative effects of state policies to reduce inequalities in society. However, his warning that putting ends before principles (enacting laws tailored to specific sections of the population, for instance, instead of one law for all) often leads to totalitarianism, is well taken and is very relevant in the present political context the world over. ( )
1 vote Dilip-Kumar | Jun 16, 2020 |
The first part is terrific and mostly explains the important principles of freedom.

The second part has some great insights but can be very dry.

In the third part he has some good points but some terrible ideas. Sometimes it was hard to tell if he was actually proposing his ideas or just giving a bad example of something that would have a lot of negative drawbacks. Many times it just seemed to be the latter, but not all the time. ( )
  JaredChristopherson | Nov 16, 2015 |
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Originally published in 1960, The Constitution of Liberty delineates and defends the principles of a free society and traces the origin, rise, and decline of the rule of law. Casting a skeptical eye on the growth of the welfare state, Hayek examines the challenges to freedom posed by an ever expanding government as well as its corrosive effect on the creation, preservation, and utilization of knowledge. In distinction to those who confidently call for the state to play a greater role in society, Hayek puts forward a nuanced argument for prudence. Guided by this quality, he elegantly demonstrates that a free market system in a democratic polity--under the rule of law and with strong constitutional protections of individual rights--represents the best chance for the continuing existence of liberty. Striking a balance between skepticism and hope, Hayek's profound insights remain strikingly vital half a century on. This definitive edition of The Constitution of Liberty will give a new generation the opportunity to learn from Hayek's enduring wisdom.

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