This classic collection contains some of Hayek's most important essays, the work that started a revolution in the Austrian School and in social science at large: information theory and the knowledge problem as not merely a epistemological problem, but as an economic problem. Every essay here is worth reading. But a few are so important that, really, one can hardly claim to be a well-read individual without having read them. This book is that important. ( )

Capitalism uber alles, because socialism must always equated with central planning. or at least that's what reagan and thatcher took from this book.

Honestly, I need to finish it, but if you can draw the connection between James C. Scott's use of 'Metis' as a contextualised form of knowledge suppressed by modernist capitalism (or capitalist modernism?), and Hayek's use of "the businessman's knowledge" (paraphrase) as a form of knowledge suppressed by modernist socialism, you'll win a big internet hug.

A must read for anyone who dares use that word 'market' or call themselves 'liberal'

with best wishes