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...
mehr
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
Individualism: true and falseEconomics and knowledge -- The facts of the social sciences -- The use of knowledge in society -- The meaning of competition -- "Free" enterprise and competitive order -- Socialist calculation I: the nature and history of the problem -- Socialist calculation II: the state of the debate (1935) -- Socialist calculation III: The competitive "solution" -- A commodity reserve currency -- The Ricardo effect -- The economic conditions of interstate federalism.