The Constitution of Liberty: The Definitive Edition

The Constitution of Liberty: The Definitive Edition

by F. A. Hayek, Ronald Hamowy
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Overview

The Constitution of Liberty: The Definitive Edition by F. A. Hayek

From the $700 billion bailout of the banking industry to president Barack Obama’s $787 billion stimulus package to the highly controversial passage of federal health-care reform, conservatives and concerned citizens alike have grown increasingly fearful of big government. Enter Nobel Prize–winning economist and political theorist F. A. Hayek, whose passionate warning against empowering states with greater economic control, The Road to Serfdom, became an overnight sensation last summer when it was endorsed by Glenn Beck. The book has since sold over 150,000 copies.

The latest entry in the University of Chicago Press’s series of newly edited editions of Hayek’s works, The Constitution of Liberty is, like Serfdom, just as relevant to our present moment. The book is considered Hayek’s classic statement on the ideals of freedom and liberty, ideals that he believes have guided—and must continue to guide—the growth of Western civilization. Here Hayek defends the principles of a free society, casting a skeptical eye on the growth of the welfare state and examining the challenges to freedom posed by an ever expanding government—as well as its corrosive effect on the creation, preservation, and utilization of knowledge. In opposition to those who call for the state to play a greater role in society, Hayek puts forward a nuanced argument for prudence. Guided by this quality, he elegantly demonstrates that a free market system in a democratic polity—under the rule of law and with strong constitutional protections of individual rights—represents the best chance for the continuing existence of liberty.

           

Striking a balance between skepticism and hope, Hayek’s profound insights are timelier and more welcome than ever before. This definitive edition of The Constitution of Liberty will give a new generation the opportunity to learn from his enduring wisdom.

 

Product Details

ISBN-13: 9780226320519
Publisher: University of Chicago Press
Publication date: 06/15/2011
Series: Collected Works of F. A. Hayek , #17
Sold by: Barnes & Noble
Format: NOOK Book
Pages: 688
Sales rank: 353,646
File size: 960 KB

About the Author

F. A. Hayek (1899–1992), recipient of the Presidential Medal of Freedom in 1991 and cowinner 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. Ronald Hamowy is professor of history emeritus at the University of Alberta. He is the editor of The Encyclopedia of Libertarianism, among other books.

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The Constitution of Liberty 5 out of 5 based on 0 ratings. 6 reviews.
RolfDobelli More than 1 year ago
Economist and political philosopher Friedrich A. Hayek wrote The Constitution of Liberty for publication in 1960, but his timeless insights still have currency. His reasoned advocacy of economic freedom and personal liberty applies to modern debates on controversial subjects ranging from price inflation and progressive taxation to public education. The book contrasts the benefits of limited government with the costs of central economic planning. Restricting government is more likely to produce the individual spontaneity and creativity that is vital to the advance of knowledge and civilization. Hayek demonstrates how liberty takes sustenance from the rule of law, the concept of due process and the constitutional form of government. He identifies serious but subtle threats to individual freedom. For example, he criticizes Social Security and progressive taxation as regrettable forms of income redistribution. getAbstract recommends this scholarly tome to readers seeking a detailed philosophical foundation for limited government and to anyone who wants to be familiar with the classic canon of modern economic thought.
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