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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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Scott Horton
Enough Already: Time to End the War on Terrorism
Enough Already: Time to End the War on Terrorism
Scott Horton’s new book, Enough Already might have taken its title from a line in the book’s introduction: America’s war policy since at least the Carter Administration has been ‘a policy in search of a reason.’ As Horton painstakingly lays bare, in virtually none of the military conflicts the United States has chosen to fight in since the 1970s was our security ever genuinely threatened. His ultimate solution is the only one that has any chance of preserving American security and giving us a chance to be ready in case we do face a genuine threat in the future: end the pointless and self-defeating forever wars. All of them.”

Lt. Col. Daniel L. Davis, (USA ret.) 4-time combat deployer, two-time winner of the Bronze Star Medal, and author of Eleventh Hour in 2020 America: How American Foreign Policy Got Jacked Up and What the Next Administration Can Do About It.
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Alexis de Tocqueville
Democracy in America and Two Essays on America
Democracy in America and Two Essays on America
A contemporary study of the early American nation and its evolving democracy, from a French aristocrat and sociologist

In 1831 Alexis de Tocqueville, a young French aristocrat and ambitious civil servant, set out from post-revolutionary France on a journey across America that would take him 9 months and cover 7,000 miles. The result wasDemocracy in America, a subtle and prescient analysis of the life and institutions of 19th-century America. Tocqueville looked to the flourishing deomcratic system in America as a possible model for post-revolutionary France, believing that the egalitarian ideals it enshrined reflected the spirit of the age and even divine will. His study of the strengths and weaknesses of an evolving democratic society has been quoted by every American president since Eisenhower, and remains a key point of reference for any discussion of the American nation or the democratic system.

This new edition is the only one that contains all Tocqueville's writings on America, including the rarely-translated Two Weeks in the Wilderness, an account of Tocqueville's travels in Michigan among the Iroquois, and Excursion to Lake Oneida

For more than seventy years, Penguin has been the leading publisher of classic literature in the English-speaking world. With more than 1,700 titles, Penguin Classics represents a global bookshelf of the best works throughout history and across genres and disciplines. Readers trust the series to provide authoritative texts enhanced by introductions and notes by distinguished scholars and contemporary authors, as well as up-to-date translations by award-winning translators.
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Nassim Nicholas Taleb
The Black Swan
The Black Swan
A black swan is an event, positive or negative, that is deemed improbable yet causes massive consequences. In this groundbreaking and prophetic book, Taleb shows in a playful way that Black Swan events explain almost everything about our world, and yet we—especially the experts—are blind to them. In this second edition, Taleb has added a new essay, On Robustness and Fragility, which offers tools to navigate and exploit a Black Swan world.
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