The Ludwig von Mises Institute has recently republished F.A. Hayek’s very important collection of essays titled Individualism and Economic Order. It includes all of Hayek?s classic essays on knowledge and the market, including “The Use of Knowledge in Society.” It also includes his most important and influential works on the nature of competition, which stands in stark contrast to the text book/neoclassical concept of so-called perfect competition. And last but not least it includes three articles that he wrote in the 1930s and 40s as part of the now classic “socialist calculation debate.” Not only is it important that this collection has been republished, but at $15 it’s an incredible bargain, especially given that the typical textbook used in university economics class costs about 10 times that amount.