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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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Robert P. Murphy & Silas Barta
Understanding Bitcoin
Understanding Bitcoin
This free e-book from economist Bob Murphy and coauthor Silas Barta is an excellent introduction to the technical and economic aspects of Bitcoin and cryptocurrencies.
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Leonard Peikoff
Objectivism: The Philosophy of Ayn Rand
Objectivism: The Philosophy of Ayn Rand
THE 25TH ANNIVERSARY EDITION—The definitive statement of Ayn Rand’s philosophy as interpreted by her best student and chosen heir.
 
This brilliantly conceived and organized book is Dr. Leonard Peikoff’s classic text on the abstract principles and practical applications of Objectivism, based on his lecture series “The Philosophy of Objectivism.” Ayn Rand said of these lectures: “Until or unless I write a comprehensive treatise on my philosophy, Dr. Peikoff’s course is the only authorized presentation of the entire theoretical structure of Objectivism—that is, the only one that I know of my knowledge to be fully accurate.”
 
In Objectivism, Peikoff covers every philosophic topic that Rand regarded as important—from certainty to money, from logic to art, from measurement to sex. Drawn from Rand’s published works as well as in-depth conversations between her and Peikoff, these chapters illuminate Objectivism—and its creator—with startling clarity. With Objectivism, the millions of readers who have been transformed by Atlas Shrugged and The Fountainhead will discover the full philosophical system underlying Ayn Rand’s work.
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Robert Nozick
Anarchy, State, and Utopia
Anarchy, State, and Utopia
Translated into 100 languages, winner of the National Book Award, and named one of the 100 Most Influential Books since World War II by the Times Literary Supplement, Anarchy, State and Utopia remains one of the most theoretically trenchant and philosophically rich defenses of economic liberalism to date, as well as a foundational text in classical libertarian thought. With a new introduction by the philosopher Thomas Nagel, this revised edition will introduce Nozick and his work to a new generation of readers.
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