The Fatal Conceit
The Errors of Socialism (Volume 1) (The Collected Works of F. A. Hayek)
F. A. Hayek
Hayek gives the main arguments for the free-market case and presents his manifesto on the "errors of socialism." Hayek argues that socialism has, from its origins, been mistaken on factual, and even on logical, grounds and that its repeated failures in the many different practical applications of socialist ideas that this century has witnessed were...