LAW, LEGISLATION AND LIBERTY

Immerse yourself in a profound analysis of contemporary democracy and its shortcomings, presented by Friedrich A. Hayek, a Nobel laureate. His magnum opus is the key to understanding the institutional conditions of a free society. This book is a memento from years past, relevant to this day, on the appropriation of democracy by interest groups.

• In-depth analysis of economic, social and institutional interdependencies
• Critique of the mirage of social justice
• Analysis of the shortcomings of contemporary democracy
• Opposition to state interventionism
• Proposal to restore the separation of powers

Friedrich A. Hayek (1899-1992) was a classic of the 20th century in the field of economics and jurisprudence, who combined these two fields in a reflection on the optimal political order of the modern state. His three-volume work, collected in one volume, was published in 1979. It contains the detailed analysis for which Hayek was awarded the Nobel Prize in 1974. Hayek was born in Vienna and lived in England from 1931, where he remained after Austria was annexed by Nazi Germany and took British citizenship. He was a staunch supporter of the free market and an opponent of state interventionism, which was strong in his youth.

In Law, Legislation and Liberty, Hayek focuses on the institutional conditions of a free society. He analyzes the weaknesses of contemporary democracy, opposing the idea of social justice as irrational, unenforceable, and exploited by politicians for their own purposes. Hayek diagnoses democracy as sick, and his observations are still relevant today, especially in the context of appropriation by interest groups that governments must satisfy in order to stay in power. The legislature, serving the executive, leads to an electoral dictatorship. Hayek proposes restoring the separation of powers and returning parliaments to their role as creators of general rather than temporary laws as a way out.

This edition contains 808 pages, is 205x145x15 mm in size and was published in 2020 by Aletheia Publishing in paperback. It is a must-read for anyone who wants to understand the mechanisms governing modern politics and economics, as well as for those looking for alternative solutions to the problems plaguing modern democracies. Friedrich August von Hayek left behind a legacy that continues to inspire and provoke thinking about the future of a free society.