Episode 15: Hayek’s Powerful Critique of Socialism and Central Planning
Channel: Foundation for Economic Education
Date: 2018-07-27

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F.A. Hayek was a creative genius who generated some of the biggest, most fascinating ideas in the social sciences. Most famously, he offered powerful critiques of central planning. His work on the “knowledge problem” demonstrated how socialism would be incapable of handling the mind-boggling complexity of the world. Only the distributed intelligence of the market is up to the task. And his classic book The Road to Serfdom showed that economic planning inexorably leads to misery and dictatorship. The FEEcast crew discusses the ideas of this profound thinker.

“Five of Hayek's Biggest Ideas: A Study Guide” by Kai Weiss
https://fee.org/articles/five-of-hayeks-biggest-ideas-a-study-guide/

“'The Road to Serfdom': 7 Things You Might Not Know about Hayek's Classic Book” by Jon Miltimore
https://fee.org/articles/the-road-to-serfdom-7-things-you-might-not-know-about-hayeks-classic-book/

The Essential F. A. Hayek (eBook)
https://fee.org/resources/the-essential-f-a-hayek/

“The Use of Knowledge in Society” by F.A. Hayek
https://fee.org/articles/the-use-of-knowledge-in-society/

The Shortcut to Serfdom (eBook) by Brittany Hunter
https://fee.org/resources/shortcut-to-serfdom-a-readers-guide/