Friedrich August von Hayek - Work

Hayek wrote prolifically and passionately. Much of his work is about the nature of free markets and freedom, and when he wasn't arguing the case for free markets he was arguing the case against Socialist planning. His main published works include:

• Monetary theory and the trade cycle (1929)
• The pure theory of capital (1941)
• The road to serfdom (1944)
• The constitution of liberty (1961)
• The fatal conceit: the errors of Socialism (1988)

He also wrote a number of works that looked at philosophy and the development of ideas, often linking the two disciplines of economics and philosophy. He always argued the case for individual freedom and free markets. That way, he said, there would be proper incentives to work and save - the basis of an efficient economic system.

Biography | Work | Theories