Incisive, straightforward, and eloquent, this third and concluding volume of F. A. Hayek's comprehensive assessment of the basic political principles which order and sustain free societies contains the clearest and most uncompromising exposition of the political philosophy of one of the world's fore[...]

"Contra Keynes & Cambridge" is composed of three parts: Part I consists of two essays, the first being a recollection by Hayek of his time at the London School of Economics in the 1930s, followed by his contribution to an early debate about the paradox of saving. Part II reprints the full debates be[...]

"The Pure Theory of Capital," F. A. Hayek's long-overlooked, little-understood volume, was his most detailed work in economic theory. Originally published in 1941 when fashionable economic thought had shifted to John Maynard Keynes, Hayek's manifesto of capital theory is now available again for toda[...]

In the years following its publication, F. A. Hayek's pioneering work on business cycles was regarded as an important challenge to what was later known as Keynesian macroeconomics. Today, as debates rage on over the monetary origins of the current economic and financial crisis, economists are once a[...]

Claiming that predominant models of liberal democratic institutions inevitably produce totalitarian systems, the author describes and compares the laws that typify spontaneous and directed orders of social organization.[...]

Nobel laureate F. A. 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 practica[...]

This groundbreaking series brings together a critical selection of key papers by the Nobel Memorial Laureates in Economics that have helped shape the development and present state of economics. The editors have organised this comprehensive series by theme and each volume focuses on those Laureates w[...]