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The Fatal Conceit
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The Fatal Conceit

by F.A. Hayek ·  1988
★★★★★Editor's Pickintermediate

Hayek's final book argues that the errors of socialism stem from a single fatal conceit: the belief that human reason can design a better social order than the one that evolved spontaneously over millennia. Civilization is an undesigned product of tradition and voluntary exchange — and intellectuals who try to improve it by design always make it worse.

★ Why We Recommend It

This is one of the most important works in the liberty tradition — essential for any serious student of free markets and individual rights.

Best For:Intermediate readersBuilding a foundationSecond-year study

What You'll Learn from The Fatal Conceit

  • 1This work offers rigorous analysis of its subject from a liberty-oriented perspective.
  • 2The author builds a systematic argument from first principles.
  • 3The implications for policy and practice are far-reaching.
  • 4Readers will gain tools for understanding the unintended consequences of intervention.
  • 5Essential reading for anyone serious about the ideas of freedom.

F.A. Hayek

Friedrich A. Hayek (1899–1992) shared the Nobel Prize in Economics in 1974.

Watch: F.A. Hayek

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