The collection consists of four parts: Part I presents three non-technical essays on economic development and economic systems. Four out of five essays in Part

In the last years of World War II, Friedrich Hayek wrote 'The Road to Serfdom'. He warned the Allies that policy proposals which were being canvassed for the po

A classic work in political philosophy, intellectual history and economics, The Road to Serfdom has inspired and infuriated politicians and scholars for half a

“These essays . . . bring great learning and . . . intelligence to bear upon economic and social issues of central importance to our era.” —Henry Hazlitt,

A single-handed debunking of libertarian economics and "the age of Friedman".