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The Fatal Conceit: The Errors Of Socialism

The Fatal Conceit: The Errors Of Socialism

Hayek gives the main arguments for the free-market case and presents his manifesto on the "errors of socialism." 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. He labels as the "fatal conceit" the idea that "man is able to shape the world around him according to his wishes."

"The achievement of The Fatal Conceit is that it freshly shows why socialism must be refuted rather than merely dismissed—then refutes it again."—David R. Henderson, Fortune.

"Fascinating. . . . The energy and precision with which Mr. Hayek sweeps away his opposition is impressive."—Edward H. Crane, Wall Street Journal

F. A. Hayek is considered a pioneer in monetary theory, the preeminent proponent of the libertarian philosophy, and the ideological mentor of the Reagan and Thatcher "revolutions."
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Liberty Portal is a gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important lessons from economics, philosophy, history and more.
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Leonard E. Read
I, Pencil
I, Pencil
The classic, short essay by Leonard E. Read remains one of the best introductions to the unseen complexity of the free market system.  Read it for FREE at econlib.org
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Stefan Molynuex
The Art Of The Argument
The Art Of The Argument
'The Art of the Argument' shocks the dying art of rational debate back to life, giving you the essential tools you need to fight the escalating sophistry, falsehoods and vicious personal attacks that have displaced intelligent conversations throughout the world. At a time when we need reasonable and empirical discussions more desperately than ever, 'The Art of the Argument' smashes through the brain-eating fogs of sophistry and mental manipulation, illuminating a path to benevolent power for all who wish to take it. Civilization is defined by our willingness and ability to use words instead of fists – in the absence of reason, violence rules. ‘The Art of the Argument’ gives you the intellectual ammunition – in one concentrated, entertaining and powerful package – to engage in truly productive, civilization-saving debates. Armed with this book, you will be empowered to speak truth to power, illuminate ignorance, shatter delusions and expose the dangerous sophists within your own life, and around the world.
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James O'Keefe
American Pravda: My Fight for Truth in the Era of Fake News
American Pravda: My Fight for Truth in the Era of Fake News

The one real difference between the American press and the Soviet state newspaper Pravda was that the Russian people knew they were being lied to. To expose the lies our media tell us today, controversial journalist James O’Keefe created Project Veritas, an independent news organization whose reporters go where traditional journalists dare not. Their investigative work–equal parts James Bond, Mike Wallace, and Saul Alinsky―has had a consistent and powerful impact on its targets.


In American Pravda, the reader is invited to go undercover with these intrepid journalists as they infiltrate political campaigns, unmask dishonest officials and expose voter fraud. A rollicking adventure story on one level, the book also serves as a treatise on modern media, arguing that establishment journalists have a vested interest in keeping the powerful comfortable and the people misinformed.

The book not only contests the false narratives frequently put forth by corporate media, it documents the consequences of telling the truth in a world that does not necessarily want to hear it. O’Keefe’s enemies attack with lawsuits, smear campaigns, political prosecutions, and false charges in an effort to shut down Project Veritas. For O’Keefe, every one of these attacks is a sign of success.

American Pravda puts the myths and misconceptions surrounding O’Keefe’s activities to rest and will make you rethink every word you hear and read in the so-called mainstream press.

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