Economy, Science, and Politics: Collected Essays on Lectures by Hayek

Author: Friedrich von Hayek
Publisher:
Publish Date: 2000-10-01
Features: Hayek's economic and socio-political views are often misunderstood and distorted by political figures. However, his predictions about the inevitable consequences of planned economies and totalitarianism, his portrayal of free-market economies and open democratic societies, and his discussions on the essence of human freedom have awakened intellectual reflection and established his status as a great economist and a representative of the contemporary neoliberal movement. This book includes the spread of the concept of economic liberalism; economics, science, and politics; full employment, planning, and inflation; trade unions, inflation, and profits; inflation caused by increased wage rigidity; and the moral factors of the free enterprise system.