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The Fatal Conceit

The Errors of Socialism

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The Fatal Conceit

By: F. A. Hayek
Narrated by: Everett Sherman
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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 the direct outcome of these errors. He labels as the "fatal conceit" the idea that "man is able to shape the world around him according to his wishes."

©1988 F.A. Hayak (P)2012 Audible, Inc. Economics Politics & Government Theory
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I have been reading both socialist and liberalist scholars as a part of my PhD. This book is written in a very lucid and enjoyable style. The narration is also perfect. I can easily argue that this book is the best book to understand Hayekian views as it also summarises many of his earlier texts. Hayek is a real genius. Whether you agree him or not, he has powerful arguments which deserve every bit of intellectual efforts. Hayek mainly advocates for letting people connect together freely in a spontaneous order within traditions to create something magnificent, which cannot be matched by any rational and coercive design dictated by pretence reason. This is not a simple refutation of socialism as the argument has many other merits.

A very lucid account of Hayekian views

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This book provides excellent ammunition for fighting socialists supposedly rational arguments and defending property and individual freedom

Excellent treaty on socialist's pseudo rationality

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Wonderful clarity of thought and fascinating insights into why man should not think himself "able to shape the world around him according to his wishes."

Should be compulsory reading

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Good book. Not as smooth as Sowell but you can see why Sowell looks up to him. The appendices are scorching.

Good book. Excellent appendices

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an incredible book that will surprise you in breath and depth, one of the best books I have read.

a Bible for the great thinker

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