Bøger i Collected Works of F. A. Hayek serien

From the $700 billion bailout of the banking industry to president Barack Obama's $787 billion stimulus package to the highly controversial passage of federal health-care reform, conservatives and concerned citizens alike have grown increasingly fearful of big government. Enter Nobel Prize-winning economist and political theorist F. A. Hayek, whose passionate warning against empowering states with greater economic control, The Road to Serfdom, became an overnight sensation last summer when it was endorsed by Glenn Beck. The book has since sold over 150,000 copies.The latest entry in the University of Chicago Press's series of newly edited editions of Hayek's works, The Constitution of Liberty is, like Serfdom, just as relevant to our present moment. The book is considered Hayek's classic statement on the ideals of freedom and liberty, ideals that he believes have guided--and must continue to guide--the growth of Western civilization. Here Hayek defends the principles of a free society, casting a skeptical eye on the growth of the welfare state and examining the challenges to freedom posed by an ever expanding government--as well as its corrosive effect on the creation, preservation, and utilization of knowledge. In opposition to those who call for the state to play a greater role in society, Hayek puts forward a nuanced argument for prudence. Guided by this quality, he elegantly demonstrates that a free market system in a democratic polity--under the rule of law and with strong constitutional protections of individual rights--represents the best chance for the continuing existence of liberty. Striking a balance between skepticism and hope, Hayek's profound insights are timelier and more welcome than ever before. This definitive edition of The Constitution of Liberty will give a new generation the opportunity to learn from his enduring wisdom.

Hayek was one of the leading voices in economic and social theory; however, he also wrote on theoretical psychology. The Sensory Order, first published in 1952, sets forth his classic theory of mind in which he describes the mental mechanism that classifies perceptions that cannot be accounted for by physical laws. Although The Sensory Order was not widely engaged with by either psychologists or social scientists at the time of publication, it is seen today as essential for fully understanding Hayek's more well-known work.This edition pairs the original 1952 book with additional essays related to The Sensory Order's key themes, including a student paper from 1920 in which Hayek outlined the basic ideas he fully developed in the 1952 book.Rounding out the volume is an insightful introduction by editor Viktor Vanberg that sketches out the central problems Hayek was grappling with when he wrote The Sensory Order and the influential role this early thinking on theoretical psychology would play over the next six decades of his career. The book also features ample footnotes and citations for further reading, making this an essential contribution to the series.

"This 2023 Liberty Fund paperback edition of Capital and Interest is licensed by The University of Chicago Press, Chicago, Illinois, U.S.A., and published by arrangement with Routledge, a member of the Taylor & Francis Group, an Informa Business."