2012 Reprint of 1939 Edition. Exact facsimile of the original
edition, not reproduced with Optical Recognition Software. This
pamphlet is a manifesto, at once concise, cogent and eloquent, of
individualistic liberalism. It is a fundamental challenge to the
doctrine of liberal socialism. The kernel of his argument is that
collectivist economic planning involves the planning organ of
society in making final and authoritative decisions concerning the
relative importance of different human needs: it therefore
presupposes a very large measure of agreement on the part of the
whole people in the matter of social values.
General
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