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The Road to Serfdom

by- Friedrich August von Hayek

4.17

The Road to Serfdom (1944) discusses that socialist regimes had the ability to become totalitarian and that this was so important since WWII. These slates can demonstrate how socialist planning will result in a lack of sovereignty, autonomy, and democracy.

Friedrich August von Hayek (1899–1992) was a British economist of Austrian origin who shared the Nobel Memorial Prize in Economics in 1974. He was a monetary theory pioneer and a significant practitioner of classic liberalism, and he was awarded the Presidential Medal of Freedom in 1991.
  • Anyone interested in traditional liberalism
  • Anyone who is critical of the government's influence over the means of production