The Constitution of Liberty
The Definitive Edition
The Constitution of Liberty
The Definitive Edition
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.
Read an excerpt: "Why I Am Not a Conservative."
An audiobook version is available.
688 pages | 6 x 9 | © 2011
The Collected Works of F. A. Hayek
Economics and Business: Economics--General Theory and Principles
Political Science: Classic Political Thought
Reviews
Table of Contents
Editorial Foreword
Introductory Essay
The Constitution of Liberty: Editions and Translations
A Note on the Notes
Editor’s Acknowledgments
Liberty Fund Editions Cited
THE CONSTITUTION OF LIBERTY
Preface
Acknowledgments
Bibliographical Abbreviations
Introduction
PART I. The Value of Freedom
One Liberty and Liberties
Two The Creative Powers of a Free Civilization
Three The Common Sense of Progress
Four Freedom, Reason, and Tradition
Five Responsibility and Freedom
Six Equality, Value, and Merit
Seven Majority Rule
Eight Employment and Independence
PART II. Freedom and the Law
Nine Coercion and the State
Ten Law, Commands, and Order
Eleven The Origins of the Rule of Law
Twelve The American Contribution: Constitutionalism
Thirteen Liberalism and Administration: The Rechtsstaat
Fourteen The Safeguards of Individual Liberty
Fifteen Economic Policy and the Rule of Law
Sixteen The Decline of the Law
PART III. Freedom in the Welfare State
Seventeen The Decline of Socialism and the Rise of the Welfare State
Eighteen Labor Unions and Employment
Nineteen Social Security
Twenty Taxation and Redistribution
Twenty-one The Monetary Framework
Twenty-two Housing and Town Planning
Twenty-three Agriculture and Natural Resources
Twenty-four Education and Research
POSTCRIPT
Postscript: Why I Am Not a Conservative
Analytical Table of Contents
Index of Authors Cited
Index of SubjectsBe the first to know
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