The Constitution of Liberty
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Working after the war, Hayek's writing was very much against the tide of mainstream Keynesian economic thought. But in the 1970s and 1980s - the eras of Thatcherism and Reaganomics - he was championed as a prophet of neo-liberalism by those who were seeking to revolutionize the post-war social consensus. The Constitution of Liberty is crucial reading for all those seeking to understand ideas that have become the orthodoxy in the age of the globalized economy.
Table of Contents
Preface Introduction Part 1: The Value of Freedom 1. Liberty and Liberties 2. The Creative Powers of a Free Civilisation 3. The Common Sense of Progress 4. Freedom, Reason and Tradition 5. Responsibility and Freedom 6. Equality, Value and Merit 7. Majority Rule 8. Employment and Independence Part 2: Freedom and the Law 9. Coercion and the State 10. Law, Commands and Order 11. The Origins of the Rule of Law 12. The American Contribution: Constitutionalism 13. Liberalism and Administration: The Rechtsstaat 14. The Safeguards of Individual Liberty 15. Economic Policy and the Rule of Law 16. The Decline of the Law Part 3: Freedom in the Welfare State 17. The Decline of Socialism and the Rise of the Welfare State 18. Labor Unions and Employment 19. Social Security 20. Taxation and Redistribution 21. The Monetary Framework 22. Housing and Town Planning 23. Agriculture and Natural Resources 24. Education and Research: Postscript - Why I Am Not a Conservative
Friedrich August von Hayek (1899-1992). A renowned and hugely influential economist and social scientist of the Austrian School, Hayek's work has been championed by the likes of Margaret Thatcher and Milton Friedman. He won the Nobel Memorial Prize in Economics in 1974.
'Professor von Hayek has boldly taken for his province the whole science of man and has deployed his powerful and lucid mind over the entire range of its concerns.' - The Spectator