Law, Legislation and Liberty
A new statement of the liberal principles of justice and political economy
With a new foreword by Paul Kelly
'I regard Hayek's work as a new opening of the most fundamental debate in the field of political philosophy' – Sir Karl Popper
'This promises to be the crowning work of a scholar who has devoted a lifetime to thinking about society and its values. The entire work must surely amount to an immense contribution to social and legal philosophy' - Philosophical Studies
Law, Legislation and Liberty is Hayek's major statement of political philosophy and one of the most ambitious yet subtle defences of a free market society ever written. A robust defence of individual liberty, it is also crucial for understanding Hayek’s influential views concerning the role of the state: far from being an innocent bystander, he argues that the state has an important role to play in defending the norms and practices of an ordered and free society. His arguments had a profound influence on the policies of Thatcher in the 1980s and resonate today in visions of the ‘Big Society’.
First published in three separate volumes, this Routledge Classics edition makes one of his most important books available in a single volume. Essential reading for understanding the background to the recent world economic turmoil and financial crisis, it also foreshadows the subsequent heated debate about regulation and political governance if such disasters are to be avoided in the future.
Table of Contents
Foreword to the Routledge Classics Edition Consolidated Preface Introduction Volume I Rules and Order 1.Reason and Evolution 2. Cosmos and Taxis 3. Principles and Expediency 4. The Changing Concept of Law 5. Nomos: The Law of Liberty 6. Thesis: The Law of Legislation Notes Volume 2 The Mirage of Social Justice 7. General Welfare and Particular Purposes 8. The Quest for Justice 9. 'Social’ or Distributive Justice 10. The Market Order or Catallaxy 11. The Discipline of Abstract Rules and the Emotions of the Tribal Society Notes Volume 3 The Political Order of a Free People 12. Majority Opinion and Contemporary Democracy 13. The Division of Democratic Powers 14. The Public Sector and the Private Sector 15. Government Policy and the Market 16. The Miscarriage of the Democratic Ideal: A Recapitualation 17. A Model Constitution 18. The Containment of Power and the Dethronement of Politics Epilogue: The Three Sources of Human Values Notes Index of Authors cited in Volumes 1-3 Subject index to Volumes 1-3
F. A. Hayek (1899-1992) was one of the most influential and controversial political and economic thinkers of the Twentieth Century. He taught at the London School of Economics and the University of Chicago and was awarded a Nobel Memorial Prize in Economics in 1974. His The Road to Serfdom is also available in Routledge Classics.