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The Pure Theory of Capital, F. A. Hayek's long-overlooked, little-understood volume, was his most detailed work in economic theory. Originally published in 1941 when fashionable economic thought had shifted to John Maynard Keynes, Hayek's manifesto of capital theory is now available again for today's students and economists to discover.

With a new introduction by Hayek expert Lawrence H. White, who firmly situates the book not only in historical and theoretical context but within Hayek's own life and his struggle to complete the manuscript, this edition commemorates the...

Originally published in 1960, The Constitution of Liberty delineates and defends the principles of a free society and traces the origin, rise, and decline of the rule of law. Casting a skeptical eye on the growth of the welfare state, Hayek examines 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 distinction to those who confidently call for the state to play a greater role in society, Hayek puts forward a nuanced argument for prudence. Guided by this...

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 Pure Theory of Capital, F. A. Hayek's long-overlooked, little-understood volume, was his most detailed work in economic theory. Originally published in 1941 when fashionable economic thought had shifted to John Maynard Keynes, Hayek's manifesto of capital theory is now available again for today's students and economists to discover.

With a new introduction by Hayek expert Lawrence H. White, who firmly situates the book not only in historical and theoretical context but within Hayek's own life and his struggle to complete the manuscript, this edition commemorates the...

With a new foreword by Paul Kelly

'I regard Hayek's work as a new opening of the most fundamental debate in the field of political philosophy' - Sir Karl Popper

'This promises to be the crowning work of a scholar who has devoted a lifetime to thinking　 about society and its values. The entire work must surely amount to an immense contribution to social and legal philosophy' - Philosophical Studies

Law, Legislation and Liberty is Hayek's major statement of political philosophy and...

The Reagan and Thatcher "revolutions." The collapse of Eastern Europe dramatically captured in the tearing down of the Berlin Wall. F. A. Hayek, "grand old man of capitalism"and founder of the classical liberal, free-market revival which ignited and inspired these world events, forcefully predicted their occurrence in writings such as "The Road to ""Serfdom," first published in 1944.
Hayek's well-known social and political philosophyin particular his long-held pessimistic view of the prospects of socialism, irrefutably vindicated by the recent collapse of the Eastern blocis fully...

"The studies of which this book is the result have from the beginning been guided by and in the end confirmed the somewhat old-fashioned conviction of the author that it is human ideas which govern the development of human affairs," Hayek wrote in his notes in 1940. Indeed, Studies on the Abuse and Decline of Reason remains Hayek's greatest unfinished work and is here presented for the first time under the expert editorship of Bruce Caldwell.

In the book, Hayek argues that the abuse and decline of reason was caused by hubris, by man's pride in his ability to reason,...