<DIV><P> The Reagan and Thatcher "revolutions." The collapse of  Eastern Europe dramatically captured in the tearing down of  the Berlin Wall. F. A. Hayek, "grand old man of capitalism" and founder of the classical liberal, free-market revival which ignited and inspired these world events, forcefully...</p></div>

<DIV>Hayek gives the main arguments for the free-market case and presents his manifesto on the "errors of socialism." Hayek argues that socialism has, from its origins, been mistaken on factual, and even on logical, grounds and that its repeated failures in the many different practical applications...</div>

<DIV>Produced throughout the first fifteen years of Hayek’s career, the writings collected in <I>Capital and Interest</I> see Hayek elaborate upon and extend his landmark lectures that were published as <I>Prices and Production</I> and work toward the technically sophisticated line of thought seen in his later...</i></i></i></div>

<DIV>Produced throughout the first fifteen years of Hayek’s career, the writings collected in <I>Capital and Interest</I> see Hayek elaborate upon and extend his landmark lectures that were published as <I>Prices and Production</I> and work toward the technically sophisticated line of thought seen in his later...</i></i></i></div>

The Iron Curtain has been cast aside. The Berlin Wall has fallen. Germany has been reunited. And F. A. Hayek's forceful predictions of the inevitable failure of socialism and central economic planning are now rendered irrefutable. Yet Hayek still rightfully cautions us to heed his arguments,...

<DIV>The Iron Curtain has been cast aside. The Berlin Wall has fallen. Germany has been reunited. And F. A. Hayek's forceful predictions of the inevitable failure of socialism and central economic planning are now rendered irrefutable. Yet Hayek still rightfully cautions us to heed his arguments,...</div>

<DIV>In the years following its publication, F. A. Hayek’s pioneering work on business cycles was regarded as an important challenge to what was later known as Keynesian macroeconomics. Today, as debates rage on over the monetary origins of the current economic and financial crisis, economists are...</div>

<DIV>The crumbling of the Berlin Wall, the fall of the iron curtain, and the Reagan and Thatcher "revolutions" all owe a tremendous debt to F. A. Hayek. Economist, social and political theorist, and intellectual historian, Hayek passionately championed individual liberty and condemned the dangers of...</div>