This book has become a true classic: essential reading for everyone who is seriously interested in politics in the broadest and least partisan sense. - Milton Friedman
This book should be read by everybody. It is no use saying that there are a great many people who are not interested in politics; the political issue discussed by Dr Hayek concerns every single member of the community. - The Listener --This text refers to the Hardcover edition.
Friedrich August Hayek (May 1899 - March 1992), born in Austria-Hungary as Friedrich August von Hayek and frequently known as F. A. Hayek, was an Austrian, later British, economist and philosopher best known for his defence of classical liberalism. In 1974, Hayek shared the Nobel Memorial Prize in Economic Sciences (with Gunnar Myrdal) for his "pioneering work in the theory of money and economic fluctuations and ... penetrating analysis of the interdependence of economic, social and institutional phenomena". Hayek was a major political thinker of the twentieth century, and his account of how changing prices communicate information which enables individuals to coordinate their plans is widely regarded as an important achievement in economics.
I would have prefered the book rather than the audio, but still very informative.Too bad they don't teach this stuff in school.Published on Dec 26 2012 by Duncan Jacob
If you love Enron and Halliburton, and you support corporate opression of the middle-class, read this hogwash. Read morePublished on July 19 2004
I think that one of the true hallmarks of great writing and great thought is that it stands the test of time. Read morePublished on April 10 2004 by Timothy Burger
Makes the compelling case that socialism/communism are really very much the same animal.
The real shame here is that many of those who most need to read this book are in... Read more
I adored Hayek's points about the linkage between Stalinist Russia and the National Socialist in Western Europe. Read morePublished on March 6 2004 by drohan00
A great treatise on why government should step aside and let the human moral compass lead the way to the human ideal. Read morePublished on March 2 2004 by John R. Nicholas
I am not a professional economist, but have studied the subject for over 20 years. My three favorite authors on the subject are Adam Smith (for his work that helped shape a... Read morePublished on Jan. 15 2004 by Buckminster
The book is simply great, on whatever side of the political spectrum you may reside. Hayek ably shows that the chosen road will not lead to the desired endstage described by Marx... Read morePublished on Dec 22 2003 by "jonkerb"
One of the reviewers, Drew G. Price from Lake Saint Louis, Missouri United States, stated that F.A. Hayek was FOR socialism, government control, etc. Read morePublished on Dec 15 2003 by Steven Borg