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  1. 4 days ago · The Fatal Conceit: The Errors of Socialism, Reprint edition (University of Chicago Press, 1991). Law, Legislation and Liberty, vol 1, Rules and Order (University of Chicago Press, 1978).

  2. 2 days ago · The Fatal Conceit: The Errors of Socialism, 1988. Note that the authorship of The Fatal Conceit is under scholarly dispute. [ 306 ] The book in its published form may actually have been written entirely by its editor W. W. Bartley III and not by Hayek.

  3. 4 days ago · Hayek believed that economic freedom is the cement of democracy: “The economic freedom which is the prerequisite of any other freedom cannot be the freedom from economic care which the socialists promise us and which can be obtained only by relieving the individual at the same time of the necessity and of the power of choice; it must be the freedom of our economic activity which, with the ...

  4. 1 day ago · John Stuart Mill. John Stuart Mill (20 May 1806 – 7 May 1873) [ 1 ] was an English philosopher, political economist, politician and civil servant. One of the most influential thinkers in the history of liberalism, he contributed widely to social theory, political theory, and political economy.

  5. 5 days ago · The author wishes to thank Development and Change for inviting him to participate in the workshop ‘The Political Economy of Global Reparations in the 21st Century’ (28–29 September 2023) held at ISS, The Hague, The Netherlands.

  6. 5 days ago · To achieve its goal, the paper: a) uses the terms capitalism and socialism in the narrow sense of economic systems that differ as to how strong the law of value is being controlled by a social class, b) relies on an integration between theoretical and empirical analysis and transits rapidly between high and low levels of abstraction and c) proposes a framework for organizing the literature ...

  7. 5 days ago · The introduction of property marked a further step toward inequality, since it made law and government necessary as a means of protecting it. Rousseau laments the “fatal” concept of property in one of his more-eloquent passages, describing the “horrors” that have resulted from the departure from a condition in which the earth belonged to no one.

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