The Road to Serfdom remains one of the all-time classics of twentieth-century intellectual thought. For over half a century, it has inspired politicians and thinkers around the world, and has had a crucial impact on our political and cultural history. With trademark brilliance, Hayek argues convincingly that, while socialist ideals may be tempting, they cannot be accomplished except by means that few would approve of. Addressing economics, fascism, history, socialism and the Holocaust, Hayek unwraps the trappings of socialist ideology. He reveals to the world that little can result from such ideas except oppression and tyranny. Today, more than fifty years on, Hayek's warnings are just as valid as when The Road to Serfdom was first published.
Friedrich August von Hayek (1899-1992) was born in Austria. An eminent economist and political philosopher, he won the Nobel Prize in Economics in 1974.
'This book has become a true classic: essential reading for everyone who is seriously interested in politics in the broadest and least partisan sense.' - Milton Friedman
'This book should be read by everybody. It is no use saying that there are a great many people who are not interested in politics; the political issue discussed by Dr Hayek concerns every single member of the community.' - The Listener