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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
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...
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...
- reprint
- F. A. Hayek
- W. W. Bartley, III
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.
Hayek's classical liberal critics maintain that his argument in his last published work, The Fatal Conceit, allows for only a very small role for the critical scrutiny of tradition and little prospect for the ability to use reason to overcome the growing problems of our age.
- 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.
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.
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