F. A. Hayek. ‘Individualism and Economic Order’

Book «Individualism and Economic Order» have made the economic, political and philosophical works of one of the greatest thinkers of the twentieth century, a prominent economist, Nobel laureate F. A. Hayek (1899-1992).

Written in 30-40 years, they have become classic and largely determined the development of modern economic and social theory.

The name of the collection is related to one of the key creative Friedrich Hayek so why some versions of philosophical individualism are incompatible with a free society Idel, paving the freedom of totalitarianism? The book presents the famous article on socialist planning, which revealed the failure of various theoretical models of socialism – from the «classic» Marx to the «market» Lange, as well as an analysis of the market information system, which is able to coordinate the disparate knowledge scattered among millions strangers to each other people.