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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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aboutLiberty Portal

Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
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Mike Cernovich
Hoaxed
Hoaxed
Also a major motion picture, Hoaxed explores how misinformation spreads online in conversations with several high profile guests and celebrities. Hoaxed is a collection of original essays - some snarky, some serious, and some gossipy - by Cernovich. Also included are long form interviews with high profile media figures.
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Hans Herman Hoppe
The Economics and Ethics of Private Property
The Economics and Ethics of Private Property
"Do not steal" is an excellent principle of ethics; it is also the first principle of sound economic systems. In our time, no one has done more than Hans-Hermann Hoppe to elaborate on the sociological implications of this truth. And this is his great work on the topic.
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Stefan Molyneux
Practical Anarchy: The Freedom of the Future
Practical Anarchy: The Freedom of the Future
Imagine a world without government – this thought exercise seems impossible for many, because the power and reach of state monopolies is so omnipresent in our lives. However, there is no rational, economic or moral reason to assume that governments are necessary for the provision of roads, healthcare, charity, dispute resolution, courts, policing, national defense, jails – or any of the other services currently monopolized by the state.

Governments are extremely dangerous, responsible for over 250 million deaths in the 20th century alone – if it is possible to run a society without a government, surely this is something that we must strive towards as a species.

Practical Anarchy makes strong case for the private – that is to say voluntary – provision for public services. It reveals the idea of government as a dangerous and unnecessary anachronism, and points the way towards a peaceful and voluntary future for mankind.
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