Fatal Conceit (Hayek - paperback)

Author: F. A. Hayek

ISBN: 9780226320663

Binding: paperback

Section: Economics/Business/Finance

Subtitle: The Errors of Socialism

Hayek gives the main arguments for the free-market case and presents his manifesto on the "errors of socialism." Hayek argues that socialism has, from its origins, been mistaken on factual — and even logical — grounds, and that the repeated failures in practical application this century has witnessed were the direct outcome of these errors. His proposal of the "fatal conceit" is the ideas that "man is able to shape the world around him according to his wishes."