The Road to Serfdom: 1st Edition (Paperback) book cover

The Road to Serfdom

1st Edition

By David Linden, Nick Broten

Macat Library

104 pages

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Paperback: 9781912127597
pub: 2017-07-15
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Description

Friedrich Hayek’s 1944 Road to Serfdom is a classic of conservative economic argument. While undeniably a product of a specific time in global politics – which saw the threat of fascism from Nazi Germany and its allies beguilingly answered by the promises of socialism – Hayek’s carefully constructed argument is a fine example of the importance of good reasoning in critical thinking.

Reasoning is the art of constructing good, persuasive arguments by organizing one’s thoughts, supporting one’s conclusions, and considering counter-arguments along the way. The Road to Serfdom illustrates all these skills in action; Hayek’s argument was that, while many assumed socialism to be the answer to totalitarian, fascist regimes, the opposite was true. Socialist government’s reliance on a large state, centralised control, and bureaucratic planning – he insisted – actually amounts to a different kind of totalitarianism.

Freedom of choice, Hayek continued, is a central requirement of individual freedom, and hence a centrally planned economy inevitably constrains freedom. Though many commentators have sought to counter Hayek’s arguments, his reasoning skills won over many of the politicians who have shaped the present day, most notably Margaret Thatcher and Ronald Reagan.

Table of Contents

Ways in to the text Who was David Linden? What does The Road to Serfdom say? Why does The Road to Ser matter?Section 1: Influences Module 1: The Author and the Historical Context Module 2: Academic Context Module 3: The Problem Module 4: The Author's Contribution Section 2: Ideas Module 5: Main Ideas Module 6: Secondary Ideas Module 7: Achievement Module 8: Place in the Author's Work Section 3: Impact Module 9: The First Responses Module 10: The Evolving Debate Module 11: Impact and Influence Today Module 12: Where Next? Glossary of Terms People Mentioned in the Text Works Cited

About the Authors

David Linden is doing postgraduate work on the new right at King’s College London. He works as an editor at the Svenskt Militärhistoriskt Bibliotek in Stockholm.

Nick Broten is a doctoral candidate at the Pardee RAND Graduate School and an assistant policy researcher at RAND. He has carried out research projects on several topics, including accountability norms in nongovernmental organizations, the microhistory of health insurance institutions in Europe, preferential sorting for public goods, and the economic impact of weather fluctuations. His current policy interests include designing distribution methods for end-of-life care, closing labor market skill gaps, and understanding biases in risk-taking by venture capitalists. He holds an M.S. in economics from Caltech, an M.Sc. in economic history from the London School of Economics, and a B.A. in political economy from the University of California, Berkeley.

About the Series

The Macat Library

Great Works for Critical Thinking

Making the ideas of the world’s great thinkers accessible, affordable, and comprehensible to everybody, everywhere. 

With a growing list of over 180 titles across a broad range of subject areas, Macat works with leading academics from the world’s top universities to produce new analyses that focus on the ideas and the impact of the most influential works ever written. By setting them in context – and looking at the influences that shaped their authors, as well as the responses they provoked – Macat encourages readers to look at these classics and game-changers with fresh eyes.

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Subject Categories

BISAC Subject Codes/Headings:
BUS069000
BUSINESS & ECONOMICS / Economics / General