Individualism and Economic Order

by F. A. Hayek

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In this collection of writings, Nobel laureate Friedrich A. Hayek discusses topics from moral philosophy and the methods of the social sciences to economic theory as different aspects of the same central issue: free markets versus socialist planned economies. First published in the 1930s and 40s, these essays continue to illuminate the problems faced by developing and formerly socialist countries. F. A. Hayek, recipient of the Medal of Freedom in 1991 and winner of the Nobel Memorial Prize show more in Economics in 1974, taught at the University of Chicago, the University of London, and the University of Freiburg. Among his other works published by the University of Chicago Press is The Road to Serfdom, now available in a special fiftieth anniversary edition. show less

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5 reviews
Capitalism uber alles, because socialism must always equated with central planning. or at least that's what reagan and thatcher took from this book.

Honestly, I need to finish it, but if you can draw the connection between James C. Scott's use of 'Metis' as a contextualised form of knowledge suppressed by modernist capitalism (or capitalist modernism?), and Hayek's use of "the businessman's knowledge" (paraphrase) as a form of knowledge suppressed by modernist socialism, you'll win a big internet hug.

A must read for anyone who dares use that word 'market' or call themselves 'liberal'
This classic collection contains some of Hayek's most important essays, the work that started a revolution in the Austrian School and in social science at large: information theory and the knowledge problem as not merely a epistemological problem, but as an economic problem. Every essay here is worth reading. But a few are so important that, really, one can hardly claim to be a well-read individual without having read them. This book is that important.
½

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Author Information

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163+ Works 10,044 Members
F. A. Hayek (1899-1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economic Sciences in 1974, was a pioneer in monetary theory and one of the principal proponents of classical liberal thought in the twentieth century. He taught at the University of London, the University of Chicago, and the University show more of Freiburg. show less

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Common Knowledge

Canonical title
Individualism and Economic Order
Original publication date
1947

Classifications

Genres
Economics, Nonfiction, General Nonfiction, Politics and Government, Philosophy
DDC/MDS
330Society, government, & cultureEconomicsJobs & Careers
LCC
HB34 .H3Social sciencesEconomic theory. DemographyEconomic theory. Demography
BISAC

Statistics

Members
312
Popularity
102,322
Reviews
4
Rating
½ (3.74)
Languages
English, Polish
Media
Paper, Ebook
ISBNs
12
ASINs
3