F. A. Hayek (1899–1992), recipient of the Presidential Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economics in 1974, was a pioneer in monetary theory and a leading proponent of classical liberalism in the twentieth century. He taught at the University of London, the University of Chicago, and the University of Freiburg.
Hayek was one of the most important economists and social philosophers of the 20th century.
His series of essays in this book on the "Socialist Calculation Problem" are very penetrating and hold a lot of relevance in today's world.
This proves that decentralized competitive systems will vastly outperform centrally planned systems.
Two of the essays in this book have had a bigger impact on me than anything else I've read - "Individualism: True and False" and "The Use of Knowledge in Society" -... Read morePublished 1 month ago by sean christe
A compilation of essays and scholarly works by FA Hayek. His series of essays in this book on the "Socialist Calculation Problem" are very penetrating and hold a lot of... Read morePublished 3 months ago by Oluwatobi-Walker
the book has finally arrived. It has taken what felt like forever to get here. It does look like a new book.Published 7 months ago by Paul S. Vigil