Topics: Friedrich von Hayek, Ludwig von Mises, Spontaneous order Pages: 209 (76375 words) Published: August 23, 2013
THE FATAL CONCEIT The Errors of Socialism

A paperback of Volume I of The Collected Works of F.A. Hayek



F. A. Hayek studied at the University of Vienna, where he became both a Doctor of Law and a Doctor of Political Science. After several years in the Austrian civil service, he was made the first director of the Austrian Institute for Business Cycle Research. In 1931 he was appointed Tooke Professor of Economics and Statistics at the London School of Economics, and in 1950 he went to the University of Chicago as Professor of Social and Moral Sciences. He returned to Europe in 1962, to the chair of Economics at the University of Freiburg, where he became Professor Emeritus in 1967. The holder of numerous honorary doctorates, and a member of the British Academy, Hayek was awarded the Nobel Memorial Prize in Economics in 1974. He was created Companion of Honour in 1984. He is the author of some fifteen books, including Prices and Production, The Pure Theory of Capital The Road to Serfdom, The Counter-Revolution of Science, The Sensory Order, The Constitution of Liberty, and Law, Legislation and Liberty. He died in 1992.

The editor, Professor W. W. Bartley, III, was at the Hoover Institution, Stanford University until his death in 1990.

PLAN OF THE COLLECTED WORKS Founding Editor: W. W. Bartley, III Editor: Stephen Kresge The Fatal Conceit: The Errors of Socialism The Uses and Abuses of Reason: The CounterRevolution of Science, and Other Essays Volume III The Trend of Economic Thinking: Essays on Political Economists and Economic History Volume IV The Fortunes of Liberalism: Essays on Austrian Economics and the Ideal of Freedom Volume V Nations and Gold Volume VI Money and Nations Volume VII Investigations in Economics Volume VIII Monetary Theory and Industrial Fluctuations Volume IX Contra Keynes and Cambridge: Essays, Correspondence, and Documents Volume X Socialism and War: Essays, Correspondence, and Documents Volume XI Essays on Liberty Volume XII Essays, Debates, and Reviews Volume XIII The Pure Theory of Capital Volume XIV The Road to Serfdom Volume XV The Constitution of Liberty Volume XVI Philosophy, Politics, and Economics Volume XVII Law, Legislation, and Liberty Volume XVIII The Sensory Order and other Essays in Psychology Volume XIX John Stuart Mill and Harriet Taylor: Their Friendship and Subsequent Marriage The plan is provisional. Minor alterations may occur in titles of individual books, and several additional volumes may be added. *


Volume I Volume II


Friedrich August Hayek

THE FATAL CONCEIT The Errors of Socialism



available in paperback


Founding Editor: W. W. Bartley III
First published in 1988 by Routledge 11 New Fetter Lane, London EC4P 4EE Reprinted 1989 New in paperback 1990 Reprinted 1990, 1992 Set in Baskerville by Columns of Reading and printed in Great Britain by T.J. Press (Padstow) Ltd. Padstow, Cornwall © F. A. Hayek 1988 All rights reserved. No part of this book may be reproduced or utilized in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers. British Library Cataloguing in Publication Data

General Editor: Stephen Kresge Assistant Editor: Gene Opton

Published with the support of

Hayek, F.A. (Friedrich August), 1899The fatal conceit : the errors of socialism. (The collected works of Freidrich August Hayek). 1. Socialism. Philosophical perspectives I. Title II. Bartley, William Warren III. Series 335'.001 ISBN 0-415-00820-4 ISBN 0-415-04187-2 (Pbk)

The Hoover Institution on War, Revolution and Peace, Stanford University Anglo American and De Beers Chairman's Fund, Johannesburg...
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