The Essential Hayek

A new small book (85 pp.)“The Essential Hayek “ by Donald J. Boudreaux has been published in 2014 by the Fraser Institute

“Nobel laureate economist Friedrich Hayek (1899 – 1992) is one of the most influential thinkers of the 20th century and his work still resonates with economists and scholars around the world today. Two decades after Hayek’s death, his ideas are increasingly relevant in an era where governments grow ever larger and more interventionist. Essential Hayek is a project of the Fraser Institute, comprised of a book, this website, and several videos, that aim to explain Hayek’s ideas in common, every-day language. It is a resource for all who value liberty ».

In a brilliant foreword Vaclav Klaus warns “ Two decades after Hayek’s death history is on the move again. State interventionism is back and growing the Reagan-Thatcher era long forgotten as is the Communist era. State paternalism, regulation and control, social and environmental blocking of the functioning of market, constructivism and dirigism are here again and especially in Europe are stronger than ever”

Accordingly Boudreaux also warns and concludes: “ Failure by classical liberals and other defenders of a society based on free market and strictly limited government to counter these collectivist ideas will guarantee the victory of collectivism”

Hayek is still alive and kicking !

Max Falque