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Does F.A. Hayek's Deserve to Make a Comeback?

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  • Andrew Farrant
  • Edward McPhail

Abstract

As anger at President Barack Obama's social policies grows in some quarters, scholars and talk show hosts alike have said Friedrich von Hayek's 1944 best-seller The Road to Serfdom warrants another look. But does it? Hayek maintained that even the U. S. social welfare net would lead to totalitarian government. It has not. But that does not stop some from citing the book as a foundation for ominous warnings about the United States.

Suggested Citation

  • Andrew Farrant & Edward McPhail, 2010. "Does F.A. Hayek's Deserve to Make a Comeback?," Challenge, Taylor & Francis Journals, vol. 53(4), pages 96-120.
  • Handle: RePEc:mes:challe:v:53:y:2010:i:4:p:96-120 DOI: 10.2753/0577-5132530406
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    References listed on IDEAS

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    1. Blanchard, Olivier & Wolfers, Justin, 2000. "The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence," Economic Journal, Royal Economic Society, vol. 110(462), pages 1-33, March.
    2. Kenworthy, Lane, 2008. "Jobs with Equality," OUP Catalogue, Oxford University Press, number 9780199550609.
    3. Stephen Nickell & Luca Nunziata & Wolfgang Ochel, 2005. "Unemployment in the OECD Since the 1960s. What Do We Know?," Economic Journal, Royal Economic Society, vol. 115(500), pages 1-27, January.
    4. Thomas Piketty & Emmanuel Saez, 2006. "The Evolution of Top Incomes: A Historical and International Perspective," American Economic Review, American Economic Association, pages 200-205.
    5. Thomas Piketty & Emmanuel Saez, 2006. "The Evolution of Top Incomes: A Historical and International Perspective," American Economic Review, American Economic Association, pages 200-205.
    6. Baccaro, Lucio & Rei, Diego, 2007. "Institutional Determinants of Unemployment in OECD Countries: Does the Deregulatory View Hold Water?," International Organization, Cambridge University Press, vol. 61(03), pages 527-569, July.
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Hayek and the Welfare State
      by Henry in Crooked Timber on 2012-05-13 18:22:47
    2. Was Hayek a (Welfare) Statist?
      by David Glasner in Uneasy Money on 2012-05-22 09:14:22
    3. Hayek on Serfdom and Welfare States
      by Kevin Vallier in Bleading Heart Libertarians on 2012-05-16 17:20:59

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    Cited by:

    1. Robert Szarka, 2016. "The Effect of Economic Freedom on Civil Liberties in the Short Run: Physical Integrity Rights, 2000-2011," Journal of Private Enterprise, The Association of Private Enterprise Education, pages 21-35.
    2. Peter Boettke & Rosolino Candela, 2017. "The Intellectual Context of F. A. Hayek's The Road to Serfdom," Journal of Private Enterprise, The Association of Private Enterprise Education, pages 29-44.

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