Nobel prize-winner F. A. Hayek was one of the great thinkers of the 20th century, but up to now there has been no book for the non-specialist that describes his ideas and explains their significance. Eamonn Butler's clear, systematic, perceptive study fills this gap. Starting with a short survey of Hayek's life, Dr. Butler goes on to analyze all the main elements in his thought under six basic headings: Understanding How Society Works; The Market Process; Hayek's Critique of Socialism; Criticism of Social Justice; The Institutions of a Liberal Order; and The Constitution of a Liberal State.
Hayek's influence in helping a generation to understand the nature of society and the errors of collectivism goes far beyond that of any other writer of his period. Having been decades ahead of his time when he began to write, Hayek is proving to be one of the most seminal thinkers of our age.
©1983 Eamonn Butler (P)1993 Blackstone Audio, Inc.
As a non-economist, I wanted to understand who Hayek was and why he is so often referenced by conservatives and free-market capitalists. Now I get it. He was truly prescient, and this country is witnessing the gradual fullfillment of the socialist destiny, starting with a few small steps decades ago. If you are a liberal or conservative or anywhere in between, it is probably worth listening once to an well organized, objective overview of the premier free- market Austrian-school economist without all the technical mumbojumbo. The narrator was good and the time just flew by. A+
This was an informative audiobook about the great accomplishments of Hayek. It could get a little dry at times, however. I found myself not paying too close of attention at times, but have no intentions of listening to this audiobook twice.
The narrator speaks so fast that it seems that the recording was speeded up. While this book is aimed at a popular audience, the ideas are often difficult and the narration makes them hardtofollow if you get my meaning.
Hayek, who considered himself a classical liberal, is often quoted by ideologues who blame the current financial crises on government regulation rather than the greed and immorality of those who used their power to distort the market and enrich themselves by betraying the trust of others.
Reading Hayek suggests he is vastly more reasonable than his modern disciples.
I bought this because I wanted to know more about Hayek and it did exactly what it said on the tin. Moreover anyone with an interest in economics should learn about Hayek and his differences with Kaynes
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