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The Fortunes of Liberalism: Essays on Austrian Economics and the Ideal of Freedom / Edition 73

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"Hayek's well-known social and political philosophy - in particular his long-held pessimistic view of the prospects of socialism, irrefutably vindicated by the collapse of the Eastern bloc - is fully grounded in the Austrian approach to economics." "In this collection, Hayek traces his intellectual roots to the Austrian school, the century-old tradition founded at the University of Vienna by Carl Menger, and links it to the modern rebirth of classical liberal or libertarian thought." "Included in The Fortunes of Liberalism are two memoirs, "The Economics of the 1920s as Seen from Vienna," published here for the first time, and "The Rediscovery of Freedom: Personal Recollections," available for the first time in English." One of our preeminent philosophers and social theorists, Hayek provides an invaluable education in a subject that is nothing less than the development ofthe modern world.
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Product Details

  • ISBN-13: 9780226320649
  • Publisher: University of Chicago Press
  • Publication date: 2/28/1992
  • Series: Collected Works of F. A. Hayek Series , #4
  • Edition description: 1
  • Edition number: 73
  • Pages: 287
  • Product dimensions: 6.32 (w) x 9.34 (h) x 1.02 (d)

Meet the Author

F. A. Hayek (1899-1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economics in 1974, was a pioneer in monetary theory and a leading proponent of classical liberalism  in the twentieth century. He taught at the University of London, the University of Chicago, and the University of Freiburg.

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Table of Contents

Introduction 1

Pt. I The Austrian School of Economics

Prologue: The Economics of the 1920s as Seen from Vienna 19

1 The Austrian School of Economics 42

2 Carl Menger (1840-1921) 61

3 Friedrich von Wieser (1851-1926) 108

4 Ludwig von Mises (1881-1973) 126

5 Joseph Schumpeter (1883-1950) 160

6 Ewald Schams (1899-1955) and Richard von Strigl (1891-1942) 166

7 Ernst Mach (1838-1916) and the Social Sciences in Vienna 172

Coda: Remembering My Cousin Ludwig Wittgenstein (1889-1951) 176

Pt. II The Fortunes of Liberalism

Prologue: The Rediscovery of Freedom: Personal Recollections 185

8 Historians and the Future of Europe 201

9 The Actonian Revival: On Lord Acton (1834-1902) 216

10 Is There a German Nation? 219

11 A Plan for the Future of Germany 223

12 Opening Address to a Conference at Mont Pelerin 237

13 The Tragedy of Organised Humanity: de Jouvenel on Power 249

14 Bruno Leoni (1913-1967) and Leonard Read (1898-1983) 253

Editor's Acknowledgements 263

Chronological List of Contents 265

Index 269

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