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.