The Constitution of Liberty

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Hayek, Friedrich A.. 1978. The Constitution of Liberty. The University of Chicago Press.

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Friedrich A. Hayek, Big-Government Skeptic [More...]
"There have always been two major critiques of Hayek’s arguments, neither of which are fully answered by a re­reading of 'The Constitution of Liberty.'"

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In the end, there is a deep contradiction in Hayek’s thought. His great insight is that individual human beings muddle along, making progress by planning, experimenting, trying, failing and trying again. They never have as much clarity about the future as they think they do. But Hayek somehow knows with great certainty that when governments, as opposed to individuals, engage in a similar process of innovation and discovery, they will fail. He insists that the dividing line between state and society must be drawn according to a strict abstract principle rather than through empirical adaptation. In so doing, he proves himself to be far more of a hubristic Cartesian than a true Hayekian.
Francis Fukuyama, "Friedrich A. Hayek, Big-Government Skeptic"
Hayek made the slipperiest of slippery slope arguments: the smallest move toward the expansion of government would lead to a cascade of bad consequences that would result in full-blown authoritarian socialism. If anything, however, the history of the past 50 years shows us that the slippery slope has all sorts of ledges and handholds by which we can brake our descent into serfdom and indeed climb back up.
Francis Fukuyama, "Friedrich A. Hayek, Big-Government Skeptic"
There is a wearying familiarity to The Libertarian Mind; Hayek wrote all of this in The Constitution of Liberty, then Rothbard wrote it again in The Ethics of Liberty, then David Friedman in The Machinery of Freedom. Read one sentence of one libertarian book and you’ve read every sentence of every libertarian book... libertarianism ranges from people who support small governments and free market capitalism to… people who support small governments and free market capitalism.
Nathan Robinson, "Oh God, Please Not Libertarianism..."