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→Contributions: The Use of Knowledge in Society
===The Road to Serfdom===
===The Road to Serfdom===
By far, Hayek's most famous book is ''[[The Road To Serfdom]]'' (1944). In it, he discusses the collapse of essential freedoms in the face of economic manipulation at the hands of well-meaning government actors. Written in Cambridge, UK from 1940 onwards, the book was intended mainly to warn a British audience of the dangers of socialism - a warning they sadly ignored by electing Labour's Clement Attlee to the premiership in the first post-war election in 1945 with, in time, catastrophic consequences for the British economy. The book faired much better in the US, becoming a runaway success after a condensed edition appeared in the Reader's Digest. John R. Searle chose ''Road to Serfdom'' as his book of the century, citing its very great influence on popular American post-war thought.
By far, Hayek's most famous book is ''[[The Road To Serfdom]]'' (1944). In it, he discusses the collapse of essential freedoms in the face of economic manipulation at the hands of well-meaning government actors. Written in Cambridge, UK from 1940 onwards, the book was intended mainly to warn a British audience of the dangers of socialism - a warning they sadly ignored by electing Labour's Clement Attlee to the premiership in the first post-war election in 1945 with, in time, catastrophic consequences for the British economy. The book faired much better in the US, becoming a runaway success after a condensed edition appeared in the Reader's Digest. John R. Searle chose ''Road to Serfdom'' as his book of the century, citing its very great influence on popular American post-war thought.
===Other works===
In addition to Hayek's well known book-sized publications, he received critical acclaim<ref>[https://www.federalreserve.gov/newsevents/speech/quarles20191101a.htm Friedrich Hayek and the Price System]</ref> for his 1945 essay titled ''The Use of Knowledge in Society'', which is widely cited in the field of economics.
===The Constitution of Liberty===
===The Constitution of Liberty===