This is a most welcome book. Friedrich August Hayek has long deserved a serious biography—he has not been well served by fans such as William W. Bartley III and Alan Ebenstein—and we have known for some time now that Bruce Caldwell wanted to write one and that he had solved the problem of Hayek's own request that his biographer should be a German speaker by inviting Hansjoerg Klausinger to join him—a particularly fortunate choice, as Klausinger has written several well-known articles in this journal as well as editing two volumes of The Collected Works of F. A. Hayek (of which Bartley was the founding editor and Caldwell, after Stephen Kresge, the general editor). Having reviewed (for HOPE) several of the volumes edited by Caldwell and Klausinger, I can vouch for their excellence. In writing this review I shall admit that my main interest in, and admiration for, Hayek's writings...

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