



Read by Tim Ferriss, Barack Obama, Ray Dalio and 18 others

The Errors of Socialism
by Friedrich A. Hayek · 1988 · 194 pages

Javier Milei
Friedrich Hayek argues that socialism is fundamentally based on the mistaken belief that human reason can deliberately design complex social systems. He posits that civilization has advanced through the spontaneous development of traditions, such as private property and market exchange, which facilitate the use of dispersed knowledge.
Published
1988
Pages
194
Language
en
ISBN
9780226320663
Series
Part 1 of The Collected Works of F. A. Hayek
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