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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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Americans have tried electing Republicans. They've tried electing Democrats. They've tried electing both. Nothing has worked. The economy continues to weaken, civil unrest is smoldering and the world is falling apart. Americans of all political persuasions say they believe in the “American Creed,” the principles enshrined in the Declaration of Independence that we are all created equal and endowed by our Creator with inalienable rights. But is the Creed conservative, liberal or neither? And why do American voters get the same government no matter which party they elect? This book will answer those questions. The results are going to surprise you.
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Michael Huemer
The Problem Of Political Authority
The Problem Of Political Authority
The state is often ascribed a special sort of authority, one that obliges citizens to obey its commands and entitles the state to enforce those commands through threats of violence. This book argues that this notion is a moral illusion: no one has ever possessed that sort of authority.
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