Publisher's Synopsis
This volume brings together eleven papers by Hayek, published by the Institute of Economic Affairs, which has pioneered the dissemination of his writings in this country. "Economic Freedom" provides a compendium of Hayek's insights into the questions underlying economic debate in the United Kingdom during the 40 years' era of the post-war collectivists consensus. Core topics include his continuing critique of the Keynesian "revolution" with its emphasis on demand management and its legacy of inflation; the relationship between inflation and unemployment and the role of the unions in a free society.;Featured in this collection are Hayek's proposals for "competitive currencies", first published as "Choice in Currency" and then expanded into "The Denationalization of Money" and "Market Standards for Money". Also included are Hayek's Alfred Nobel Memorial Lecture on the methodology of economics which he called "The Pretence of Knowledge" and one of his earliest essays, "The Repercussions of Rent Restrictions".
