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The Fatal Conceit: The Errors of Socialism is a book written by the economist and political philosopher Friedrich Hayek and edited by the philosopher William Warren Bartley. The book was first published in 1988 by the University of Chicago Press .
- Friedrich Hayek
- 1988
While intended as a capstone work to summarize his lifelong contributions to the social sciences, this book takes a somewhat novel tack by examining the origin and nature of ethics. Like Marx, Hayek sees an inherent contradiction in Western capitalistic societies.
Jul 15, 2011 · In this work, F.A. Hayek—a pioneer in monetary theory and proponent of libertarian philosophy—gives the main arguments for the free-market case and presents his manifesto on the “errors of...
Much of this interpretation stems from Hayek's argument that socialism has a Cartesian element, one which misunderstands the role of Reason in directing social institutions; in its place Hayek emphasizes the fundamental importance of tradition.
- Richard Langlois
Jan 1, 2001 · Hayek argues that socialism has, from its origins, been mistaken on factual, and even on logical, grounds and that its repeated failures in the many different practical applications of socialist ideas that this century has witnessed were the direct outcome of these errors.
- (2.3K)
- Paperback
Hayek argues that socialism has, from its origins, been mistaken on factual, and even on logical, grounds and that its repeated failures in the many different practical applications of...
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What is the 'Fatal Conceit'?
Hayek argues that socialism has, from its origins, been mistaken on factual, and even on logical, grounds and that its repeated failures in the many different practical applications of socialist ideas that this century has witnessed were the direct outcome of these errors.