“We have progressively abandoned that freedom in economic affairs without which personal and political freedom has never existed in the past.”
— Friedrich Hayek
Why It's Lindy
Its core argument — that the price system conveys information that no central planner can replicate — has been vindicated repeatedly by the failures of planned economies.
About This Volume
Hayek's warning that central economic planning inevitably leads to political tyranny. Written during WWII, it became the intellectual foundation of free-market conservatism.
Frequently Asked
Why should I read The Road to Serfdom?
Its core argument — that the price system conveys information that no central planner can replicate — has been vindicated repeatedly by the failures of planned economies.
What is The Road to Serfdom about?
Hayek's warning that central economic planning inevitably leads to political tyranny. Written during WWII, it became the intellectual foundation of free-market conservatism.
