About Friedrich Hayek
Austrian-British economist and social theorist (1899–1992), Nobel laureate in Economics (1974). Hayek is the 20th century's most influential critic of central planning and defender of spontaneous market order. His argument that dispersed local knowledge cannot be aggregated by any central authority became the intellectual backbone of the neoliberal policy turn from Thatcher and Reagan onward.
Books by Friedrich Hayek
Law, Legislation and Liberty
Hayek's mature three-volume work of legal and political philosophy, where he extends his economics into a full theory of law and the free society. He distinguishes the spontaneous, grown order of rules (nomos) from deli…
Read about this book →The Constitution of Liberty
A deeper Hayek text on liberty, rule of law, markets, coercion, and spontaneous order.
Read about this book →The Road to Serfdom
A major argument that central planning can threaten freedom, markets, and dispersed social knowledge.
Read about this book →The Use of Knowledge in Society
A crucial essay on why markets can coordinate dispersed knowledge better than central planners.
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