A classic work in political philosophy, intellectual history and
economics, The Road to Serfdom has inspired and infuriated
politicians and scholars for half a century. Originally published
in 1944, it was seen as heretical for its passionate warning
against the dangers of state control over the means of production.
For Hayek, the collectivist idea of empowering government with
increasing economic control would lead not to a utopia but to the
horrors of Nazi Germany and Fascist Italy.
This new edition includes a foreword by series editor and
leading Hayek scholar Bruce Caldwell explaining the book's origins
and publishing history and assessing common misinterpretations of
Hayek's thought. Caldwell has also standardized and corrected
Hayek's references and added helpful new explanatory notes.
Supplemented with an appendix of related materials and forewords to
earlier editions by the likes of Milton Friedman, and Hayek
himself, this new edition of The Road to Serfdom will be the
definitive version of Friedrich Hayek's enduring masterwork.
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