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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.
Jan 1, 2001 · This is what happened with China’s Great Leap (a 3-year effort) that led to 30 million people starving to death, and the Greek economy near bankrupt from the government’s socialistic management. The fatal conceit of socialism is lacking understanding of the limitation of our individual knowledge.
- (2.3K)
- Paperback
Jul 15, 2011 · A critique of socialism by the Nobel Prize–winning economist: “The energy and precision with which Mr. Hayek sweeps away his opposition is impressive.” —The Wall Street Journal. In this work, F.A....
Editorial Foreword. Preface. Introduction: Was Socialism a Mistake? 1. Between Instinct and Reason. 2. The Origins of Liberty, Property and Justice. 3. The Evolution of the Market: Trade and Civilisation. 4. The Revolt of Instinct and Reason. 5. The Fatal Conceit. 6. The Mysterious World of Trade and Money. 7. Our Poisoned Language. 8.
Aug 28, 1991 · The “Fatal Conceit” is the ancient belief that reason, particularly the reasoning of powerful or educated elites, can manage and operate the human economy (and the creation of wealth and wellbeing) more efficiently and more effectively than the extended order will operate on its own.
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Dec 22, 2022 · Overview. A critique of socialism by the Nobel Prize–winning economist: “The energy and precision with which Mr. Hayek sweeps away his opposition is impressive.” —The Wall Street Journal 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 ...
