The Austrian-born British free market economist and social philosopher, Nobel Laureate Friedrich Auguste von Hayek (1899-1992) was one of the most distinguished social thinkers of the 20th century.Fri...
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In the following essay, Sowell discusses the role played by Hayek and his Road to Serfdom in gaining support for free markets in the aftermath of World War II and the ensuing Cold War.
The 20th cen...
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In the following essay, McInnes argues that Hayek's Road to Serfdom had less impact on political thought and practice than his supporters have claimed.
This is another story about a book, a ...
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In the following review of Hayek's Road to Serfdom, Schumpeter praises Hayek's sincerity but disagrees with his belief that people want and are capable of exercising individual freedom.
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Let us make our New Year's resolutions.Some may be the same as last. The world remains a stage of human folly. Against the bondage of emotion, we might prevail through the clarity of rationality. E...
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Friedrich A. von Hayek
Critical Essay by Thomas Sowell
For New Year's, the Password Is 'Be Prepared'
