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Law, Legislation and Liberty, Volume 2: The Mirage of Social Justice Kindle Edition
- ISBN-13978-0226321257
- PublisherThe University of Chicago Press
- Publication dateSeptember 17, 2012
- LanguageEnglish
- File size3.9 MB
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About the Author
F. A. Hayek (1899–1992), recipient of the Presidential Medal of Freedom in 1991 and co-winner of the Nobel Prize in Economics in 1974, was a pioneer in monetary theory and a leading proponent of classical liberalism in the twentieth century. He taught at the University of Vienna, University of London, University of Chicago, and University of Freiburg.
Product details
- ASIN : B009GJM55E
- Publisher : The University of Chicago Press (September 17, 2012)
- Publication date : September 17, 2012
- Language : English
- File size : 3.9 MB
- Text-to-Speech : Enabled
- Screen Reader : Supported
- Enhanced typesetting : Enabled
- X-Ray : Not Enabled
- Word Wise : Enabled
- Print length : 212 pages
- Best Sellers Rank: #254,203 in Kindle Store (See Top 100 in Kindle Store)
- #104 in Economic Policy & Development (Kindle Store)
- #109 in Government & Business
- #160 in Economic Policy
- Customer Reviews:
About the author

Friedrich August Hayek (1899–1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economics in 1974, was a pioneer in monetary theory and the principal proponent of libertarianism in the twentieth century. He taught at the University of London, the University of Chicago, and the University of Freiburg. His influence on the economic policies in capitalist countries has been profound, especially during the Reagan administration in the U.S. and the Thatcher government in the U.K.
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- Reviewed in the United States on April 14, 2008Hayek was second to none in his opposition to socialism. In his early years Hayek argued against overt socialism by focusing on economic theory. While Hayek was correct on the economic arguments against socialism, he realized that the case against socialism had to go beyond economic theory. The socialist movement is not driven solely, or even primarily, by the details of economic theory. Rank and file socialists often know very little about socialism. If we are to understand the socialist moment and its popularity we must undertand the ideas that drive it.
In this second volume of Law, Liberty, and Legislation Hayek examines the mirage of social justice. How did socialist egalitarian convictions gain popularity in the modern world? Can socialism live up to its romanticized ideals? The idea of social justice espoused by the modern left is, as Hayek put it, a Mirage. The concept of social justice has no meaning in a free and prosperous society, and no society can be free and prosperous if it is planned on the basis of some notion of social justice.
The Law Liberty and Legislation trilogy was intended to complete the case that Hayek made for classical liberalism in The Constitution of Liberty. This trilogy combines with the Constitution of Liberty to make a powerful case for strictly limited government and free enterprise. You should read The Constitution of Liberty before starting this trilogy, but be sure to read both. Hayek's analysis of spontaneous order and government planning is highly relevant. The collapse of the USSR might have made it seem that proponents of free social order had won. But it is all too obvious that the drive for "social justice" is gaining ground. Read Hayek along with Nozick and Buchanan. These ideas are vitally important.
- Reviewed in the United States on April 10, 2018Great insights on the social justice movement, written by a philosopher and economist post-World War II, well before it became the huge thing dominating politics and social policy.
- Reviewed in the United States on August 19, 2019Interesting book dealing with the issue of the optimal order in what we now would call a complex dynamic system. It argues that in current society, norms need to be abstract and coordination in society should be based on means and not on objectives. This is contrasted through the comparison of tribal society and a modern society. Particular attention is given to the issue of what is called social justice, and it's impossibilities.
Not the most readable book you'll ever encounter though.
- Reviewed in the United States on November 14, 2014One of a great thinker's most thoughtful books. Especially insightful for its argument that in the market order, there is no such thing as "merit" when it comes to income.
- Reviewed in the United States on January 23, 2016Hayek at his best, this should be required reading in public schools. Especially if your name is OBAMA.
- Reviewed in the United States on December 9, 2016Great, all as promised.
- Reviewed in the United States on December 17, 2014An important and fascinating work in Austrian economics.
- Reviewed in the United States on November 23, 2014Hayek is the worst--except for his basic income advocacy. His ideas on the problem of the dissemination of information is interesting and valid but he comes to awful conclusions with it. Greedy and selfish. His work reflects the ease with which white males in the West can thrive in a society that is set up them to win--all the time. 'Leave them alone and let them soar!' Of course! But it isn't that simple for the rest of us. The rest of us need the means connect society. If you are bigoted and spiteful, you'll probably love Hayek. Enjoy.