In this incisive work, Calvin M. Hoy focuses exclusively on Hayek's philosophy of individual freedom. Beginning with an analysis of Hayek's definition of freedom, the author examines his proposed methods for preserving personal liberty through economic, legal, and governmental measures, and provides a trenchant critique of Hayek's arguments. Ultimately, Hoy demonstrates that a minimal socialist state is compatible with Hayek's principles, and that Hayek has not successfully stated a comprehensive philosophy of freedom because he focuses on the type and ignores the amount of coercion permissible in a free society.