New Studies in Philosophy, Politics, Economics and the History of Ideas

Hayek authored some great books. The Road to Serfdom, The Constitution of Liberty, and The Counter Revolution of Science are true classics. Individualism and Economic Order and Studies in Philosophy, Politics, and Economics are brilliant. New Studies has some excellent essays. Competition as a Discovery Procedure is a good chapter. Economic Freedom and Representative Government has a strong message. The New Confusion about Planning is worth reading too. There is also some good anti-Keynesian material in this book. The weakness of this book is that there is little said in it that one cannot find in Hayek's earlier writings. Hayek clarifies and reiterates some important points. Yet The Road to Serfdom and the Counter Revolution of Science show Hayek in his prime as a social theorist. The COL and the Law, Liberty, and Legislation volumes also show how Hayek's thinking evolved and reached new heights. New Studies does little more than to reassert that which Hayek wrote in his earlier work. That being said, New Studies is still a great book by one of the greatest economists of all time.