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Featured Book
Reviewby Daniel R.
Murphy
Title and
Author:
The Constitution of Liberty by
Friedrich A. Hayek
Synopsis of
Content:
First published in 1960, The Constitution of Liberty is economist Hayek's popular work in defense
of a free economy and individual liberty. He contrasts command economies with free economies and
compares the outcomes.
Hayek was a staunch anti-socialist who wrote in defense of capitalism at a time when it was not
fashionable to do so. The 1960s may have been the apex of ascendency for socialism in the world and
in academia especially defenders of free market capitalism were few and far between.
As you read Hayek's observations from 1960 you see the unfolding of the Reagan revolution in the
United States as well as the failures of socialism in Europe, Russia and China.
Hayek writes about the necessity of private property rights and the role they played in achieving
much of the affluence and financial success enjoyed in the Western world today. What Hayek could
not know was how private property rights would play a key role in changing societies and improving
economic conditions in India, China and many other areas of the world in the half century that has
passed since he wrote this book.
Hayek also explores the relationship between free markets, private property and the evolution of
democracy and freedom in the world. He demonstrates and folly of central planning and income
redistribution plans and the dynamic progress a free society and economy can bring.
Whether you agree with all of Hayek's conclusions or arguments this is a good book for anyone to
read who has an economic interest in the future. There is no doubt that it is very difficult if not
impossible to build true wealth in a command economy but is done every day by millions of people in
free markets. Anyone who values economic opportunity will gain benefit from understanding the role
of private property and a free economy for us all.
Readability/Writing
Quality:
Hayek was a noted economist and political philosopher. He wrote in a dense style typical of
academia. His work is well written and insightful but is not an easy read.
Notes on
Author:
Friedrich A. Hayek was born in Austria. He was a world renowned
economist and political philosopher. He won a Nobel Prize for Economics in 1974 and the US
Presidential of Freedom in 1991. He died in 1992.
Great Ideas You Can
Use:
While this book does not provide concrete instructions for people to create wealth it is a useful
and powerful endorsement of the kinds of economic and political systems that make it possible for
individuals to create wealth as well as an indictment of those systems that frustrate it. As each
of us votes or otherwise plays our role in our political system it is useful to understand the
principles at work here.
I highly recommend this book for anyone who wants to understand the big picture.
Publication
Information:
The Constitution of Liberty
by Friedrich A. Hayek
Published by University of Chicago Press. Copyright 2011. 688 pages.
Rating for this Book
Over all Rating for Book: Very Good
Writing Style: Moderate to difficult.
Usefulness: not practically useful in
business, but very useful in making important political decisions.
Difficulty: Moderately difficult.
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Guest Book
Review
The 12 Bad
Habits That Hold Good People Back by James Waldroop PhD
By
Ben Sanderson
If you are
wondering why you have stayed in that job for your years without any promotion in sight, then you
must get hold of the book The 12 Bad Habits that Hold Good People Back by James Waldroop Ph.D. The
book highlights personal weaknesses and negative attitudes that harm one's career goals and offer
the practical solutions that can propel your career forward.
Why the
Book Is Getting Raves
Career
leaders, managers, and human resource executives hail the book as containing the best insights into
human behavior and attitude that deters success in the workplace. The book is the exact opposite of
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Ph.D. uses case studies to depict real situations. The analysis explains the why and the how and
what should be done to avert the catastrophe.
The 12 Bad
Habits That Hold Good People Back provides the tools to break the bad habits. Frankly, it will take
self-discipline to change those "bad" habits that are wrecking your career chances. In sum, the
book educates and makes you reflect and spurs you to action.
The 12 Bad
Habits That Hold Good People Back is not about success but about mistakes. The discussions are
drawn from case studies. With twenty years of research in business psychology, James Waldroop,
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mistakes, not their successes. It becomes easier for the reader to identify with the discussion.
The insights from the experiences provide practical advice. The book can jumpstart or save
businesses and careers.
Whatever your
career background, the book is a must-read. The book will help keep you grounded as you trudge
along its road-map to success. Career strategists and human resource executives will find the book
useful because this is an excellent reference book for behavioral patterns in the
workplace.
The 12 Bad
Habits
If you can identify with any of these bad habits, get help from this book: If you always feel that
you are not good enough for the job, judgmental and un-flexible, demand immediate success or work
too hard to achieve the desired result, fear conflict and leading the team, or you don't listen to
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Other
Things You Can Learn
Apart from
the universal truths about bad habits in the workplace, the book can help you become a better boss,
co-worker, supervisor or a career adviser. You can also learn how to balance your work and your
personal life. If you think that you are hopeless, don't give up now. The book is a life-saver for
all individuals seeking success in what they do best. The 12 Bad Habits That Hold Good People Back
by James Waldroop Ph.D is your lifeline to career success. Find out what your weakness is and beat
it. The book by itself is a good addition to your collection.
Please visit The
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Article
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