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Individualism and Economic Order

A classic collection of writings from a Nobel Prize winner on free markets versus planned economies

In this influential collection of writings, Nobel laureate Friedrich A. Hayek discusses topics from moral philosophy and the methods of the social sciences to economic theory as different aspects of the same central issue: free markets versus socialist planned economies. First published in the 1930s and '40s, these essays continue to illuminate the problems faced by economists, planners, government officials, and citizens in the changing, globalized economy of today.

280 pages | 5-1/2 x 81/2 | © 1948

Economics and Business: Economics--General Theory and Principles

Table of Contents

I: Individualism: True and False
II: Economics and Knowledge
III: The Facts of the Social Sciences
IV: The Use of Knowledge in Society
V: The Meaning of Competition
VI: "Free" Enterprise and Competitive Order
VII: Socialist Calculation I: The Nature and History of the Problem
VIII: Socialist Calculation II: The State of the Debate (1935)
IX: Socialist Calculation III: The Competitive "Solution"
X: A Commodity Reserve Currency
XI: The Ricardo Effect
XII: The Economic Conditions of Interstate Federalism

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