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The Road to Serfdom by Friedrich Hayek — book cover
Economics

The Road to Serfdom

Friedrich Hayek

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.

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.

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