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Subject Area: Political Theory

Books Edited or Introduced - Leonard P. Liggio, Literature of Liberty, Winter 1982, vol. 5, No. 4 [1982]

Edition used:

Literature of Liberty: A Review of Contemporary Liberal Thought was published first by the Cato Institute (1978-1979) and later by the Institute for Humane Studies (1980-1982) under the editorial direction of Leonard P. Liggio.

Part of: Literature of Liberty: A Review of Contemporary Liberal Thought, 20 vols. 19781-982

About Liberty Fund:

Liberty Fund, Inc. is a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals.


Books Edited or Introduced

E-1 Hermann Heinrich Gossen. Entwicklung der Gesetze des menschlichen Verkehrs und der daraus fliessenden Regeln für menschliches Handeln. Introduced by Friedrich A. Hayek. 3rd edition. Berlin: Prager, 1927, xxiii, 278 pp.

[“The Laws of Human Relationships and of the Rules to be Derived Therefrom for Human Action.” Cf.: A-15. Gossen's (1810–1858) fame rests on this one book, first published in 1854, in which he developed a comprehensive theory of the hedonistic calculus and postulated the principle of diminishing marginal utility. He thereby anticipated the marginal utility breakthrough in the theory of economic value in 1871 by Menger, Jevons, and Walras.]

E-2 Friedrich Freiherr von Wieser. Gesammelte Abhandlungen. Edited with an introduction by Friedrich A. von Hayek. Tübingen: Mohr, 1929, xxxiv, 404 pp. [This edition includes von Wieser's Collected Writings published between 1876 and 1923. Friedrich Freiherr von Wieser (1851–1926) was Hayek's mentor at the University of Vienna and represented the “older Austrian school” of Economics. See A-4 and A-125b.]

E-3 Richard Cantillon. Abhandlung über die Natur des Handels im Allgemeinen. Translated by Hella von Hayek. Introduction and annotations by F. A. von Hayek. Jena, 1931, xix, 207 pp.

[A French translation of Cantillon's “Essay on the Nature of Trade in General” appeared as Essai sur la Nature du Commerce en Général in Revue des Sciences Économiques (Liège, April-October, 1936). Italian translation by the Italian liberal editor of Il Politico, Luigi Einaudi appeared in Riforma sociale (July 1932).]

E-4 Beiträge zur Geldtheorie. Edited and prefaced by Friedrich A. Hayek. Contributions by Marco Fanno, Marius W. Holtrop, Johan G. Koopmans, Gunnar Myrdal, Knut Wicksell. Vienna, 1933, ix, 511 pp.

[“Contributions on Monetary Theory.”]

E-5 Collectivist Economic Planning: Critical Studies on the Possibilities of Socialism. Edited with an Introduction and a Concluding Essay by F. A. Hayek. Contributions by N. G. Pierson, Ludwig von Mises, Georg Halm, and Enrico Barone. London: George Routledge & Sons, 1935, v, 293 pp. (France 1939, Italy 1946.)

[Reprinted New York: Augustus M. Kelley (1967), 1970 from the 1935 edition; reprinted Clifton, New Jersey: Augustus M. Kelley, 1975. Hayek's Introductory Chapter 1 deals with “The Nature and History of The Problem” of socialist calculation. Hayek's concluding chapter concerns “The Present State of the Debate.” Mises’ (1881–1973) article “Economic Calculation in the Socialist Commonwealth” (translated from the German by S. Adler), chapter 3, had set off the debate when it appeared originally under the title “Die Wirtschaftsrechnung im sozialstischen Gemeinwesen” in the Archiv für Socialwissenschaften 47 (1920). N.G. Pierson's (1839–1909) article, “The Problem of Value in the Socialist Community,” chapter 2, originally appeared in Dutch in De Economist 41 (s'Gravenhage, 1902): 423–456.]

E-6 Boris Brutzkus. Economic Planning in Soviet Russia. Edited and prefaced by Friedrich A. Hayek. London: George Routledge & Sons, 1935; xvii, 234 pp.

E-7 The Collected Works of Carl Menger. 4 volumes with an Introduction by F. A. von Hayek. London: The London School of Economics and Political Science (Series of Reprints of Scarce Tracts in Economic and Political Science No. 17–20), 1933–1936.

Volume 1: Grundsätze der Volkswirthschaftslehre (1871) 1934.

Volume 2: Untersuchungen über die Methode der Socialwissenschaften (1883) 1933.

Volume 3: Kleinere Shriften zur Methode und Geschichte der Volkswirthschaftlehre (1884–1915) 1935.

Volume 4: Schriften über Geldtheorie und Währungspolitik (1889–1893), 1936.

[Vol. 1 contains a biographical introduction to Menger by Hayek. Vol. 4 contains a complete list of Menger's known writings.]

Later 2nd German edition: Carl Menger, Gesammelte Werke. 4 vols. Tübingen, 1968–1970.

[“Collected Works”]

E-8 Henry Thornton. An Enquiry into the Nature and Effects of the Paper Credit of Great Britain (1802). Edited and introduced by Friedrich A. Hayek. London: Allen and Unwin, 1939, 368 pp.

E-9 John Stuart Mill, The Spirit of the Age. Introduced by F.A. Hayek. Chicago: University of Chicago Press, 1942, xxxiii, 93 pp.

[Hayek's Introduction is entitled, “John Stuart Mill at the Age of Twenty-Four,” and surveys Mill's intellectual development at the time of Mill's famous essay, “The Spirit of the Age,” which represented important deviations from Benthamite Utilitarian liberalism.]

E-10 Capitalism and the Historians. Edited and introduced by F. A. Hayek. London: Routledge & Kegan Paul, and Chicago: University of Chicago Press, 1954, 188 pp. [The inspiration for the several papers presented was The Mont Pélèrin Society meetings held at Beauvallon in France in September 1951 on the distortions of historians and intellectuals in describing Capitalism and The Industrial Revolution. Hayek's Introduction (pp. 3–29) is entitled “History and Politics” and is reprinted in B-13 and (in German) as “Wirtschaftsgeschichte and Politik” [“Economic History and Politics”] in Ordo 7 (1955): 3–22. T. S. Ashton's first chapter is “The Treatment of Capitalism by Historians”; L. M. Hacker's second chapter is entitled “The Anticapitalist Bias of American Historians”; Bertrand de Jouvenel contributed chapter 3, “The Treatment of Capitalism by Continental Intellectuals”; T. S. Ashton's chapter 4, “The Standard of Life of the Workers in England, 1790–1830,” originally appeared in The Journal of Economic History, Supplement 9, 1949; the final article by W. H. Hutt, “The Factory System of The Early Nineteenth Century,” originally appeared in Economica (March 1926). Hayek's volume provoked many pro and con reviews. A sampling: Arthur Schlesinger, Jr., The Reporter (March 30, 1954): 38–40; Oscar Handlin, The New England Quarterly (March 1955): 99–107; Charles Wilson, Economic History Review (April 1956); Asa Briggs, The Journal of Economic History (Summer 1954); W. T. Eastbrook, The American Economic Review (September 1954); Max Eastman, The Freeman (February 22, 1954); Helmut Schoek, U.S.A. (July 14, 1954); Eric E. Lampard, The American Historical Review (October 1954); and John Chamberlain, Barron's (January 4, 1954.)]

E-11 Louis Rougier. The Genius of the West. Introduction by F.A. v. Hayek. Los Angeles: Nash Publishing (published for the Principles of Freedom Committee), 1971, pp. xv-xviii.

E-12 Gerald P. O'Driscoll, Jr. Economics as a Coordination Problem. The Contributions of Friedrich A. Hayek. Foreward by F.A. Hayek. Kansas City: Sheed Andrews and McMeel, Inc., 1977, pp. xi-xii.

E-13 Ludwig von Mises. Socialism: An Economic and Sociological Analysis. Translated by Jacques Kahane. 1981 Introduction by F.A. Hayek. Indianapolis: LibertyClassics, 1981, pp. xix-xxiv. Dated August 1978.

[Hayek's Foreward pays tribute to Mises for the anti-socialist impact that Mises’ Die Gemeinwirtschaft: Untersuchungen über den Sozialismus (Jena: Gustav Fischer, 1922) created on many intellectuals after the First World War.]

E-14 Ewald Schams. Gesammelte Aufsätze. Prefaced by F.A. Hayek. Ready in Spring 1983. Munich: Philosophia Verlag.