I've been learning a lot about Austrian economics lately (recently read Austrian Economics: An Introduction) and I want to start reading Hayek. I've heard that his work can be a little dense and that you have to start in the right place. For any of you that have read Hayek, where would be the best place to start? Thanks
I always found Hayek more accessible than Van Mises. The Road To Serfdom is a masterpiece, and clearly written. My favorite introduction to Austrian Economics is Henry Hazlitt's Economics In One Lesson. It's well written, easy to understand, and brilliant.
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I agree on Hazlitt as the place to start, but the real masterpiece is Mises' Human Action.
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No argument here. The OP was interested in Hayek. I remember working my way through Human Action in the early 1990s. I was used to reading in bed. No kindles back then. First of all, it was enormous! Also, it was like being back in college. I had to sit at my desk and drink coffee to stay alert. It took me a long time, and I found it challenging. Part of it was the fact that it turned everything I thought I knew about economics upside down. It's certainly a masterpiece.
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I got so energized by the Ron Paul Revolution that I read Human Action on my iPhone 3, when I was an undergrad, because I couldn't get my hands on a hard copy.
I was planning on recommending reading Mises before Hayek, but you're definitely right about starting with Hazlett.
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On your iPhone! We are from different generations. My copy of Human Action looks like an old big city phone book.
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I've never seen a real copy in the wild.
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Start by reading ''The Road To Serfdom''. It opens the door to libertarianism. After that the other classic: The Constitution Of Liberty. It will provide You with the best weaponry in any debate with our commie friends.
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I think Constitution of Liberty is easier to read than Road to Serfdom, and more expansive, but YMMV.
But as a place to actually start, I would say, read the foundational paper The Use of Knowledge in Society. Then, if you never read anything else, you will have a key foundation to think about not only money and economics, but complexity and coordination.
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Thanks for the replies. Zapped both of you. v4v
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Dont read it :|
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Friedrich Hayek: A Biography
Hayek didn't write it, but it is a very accessible account of his life and work.
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