The Road to Serfdom A classic work in political philosophy intellectual and cultural history and economics The Road to Serfdom has inspired and infuriated politicians scholars and general readers for half a century

A classic work in political philosophy, intellectual and cultural history, and economics, The Road to Serfdom has inspired and infuriated politicians, scholars, and general readers for half a century Originally published in England in the spring of 1944 when Eleanor Roosevelt supported the efforts of Stalin, and Albert Einstein subscribed lock, stock, and barrel to the soA classic work in political philosophy, intellectual and cultural history, and economics, The Road to Serfdom has inspired and infuriated politicians, scholars, and general readers for half a century Originally published in England in the spring of 1944 when Eleanor Roosevelt supported the efforts of Stalin, and Albert Einstein subscribed lock, stock, and barrel to the socialist program The Road to Serfdom was seen as heretical for its passionate warning against the dangers of state control over the means of production For F A Hayek, the collectivist idea of empowering government with increasing economic control would inevitably lead not to a utopia but to the horrors of nazi Germany and fascist Italy.First published by the University of Chicago Press on September 18, 1944, The Road to Serfdom garnered immediate attention from the public, politicians, and scholars alike The first printing of 2,000 copies was exhausted instantly, and within six months than 30,000 were sold In April of 1945, Reader s Digest published a condensed version of the book, and soon thereafter the Book of the Month Club distributed this condensation to than 600,000 readers A perennial best seller, the book has sold over a quarter of a million copies in the United States, not including the British edition or the nearly twenty translations into such languages as German, French, Dutch, Swedish, and Japanese, and not to mention the m
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[PDF] The Road to Serfdom | by ☆ Friedrich A. Hayek
399 Friedrich A. Hayek

Friedrich August von Hayek CH was an Austrian and British economist and philosopher known for his defense of classical liberalism and free market capitalism against socialist and collectivist thought He is considered by some to be one of the most important economists and political philosophers of the twentieth century Hayek s account of how changing prices communicate signals which enable individuals to coordinate their plans is widely regarded as an important achievement in economics Hayek also wrote on the topics of jurisprudence, neuroscience and the history of ideas.Hayek is one of the most influential members of the Austrian School of economics, and in 1974 shared the Nobel Memorial Prize in Economics with Gunnar Myrdal for their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena He also received the U.S Presidential Medal of Freedom in 1991 from president George H W Bush.Hayek lived in Austria, Great Britain, the United States and Germany, and became a British subject in 1938.