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The Road to Serfdom

Editor

Listed:
  • Caldwell, Bruce

Author

Listed:
  • Hayek, F. A.
  • Caldwell, Bruce

Abstract

An unimpeachable classic work in political philosophy, intellectual and cultural history, and economics, The Road to Serfdom has inspired and infuriated politicians, scholars, and general readers for half a century. Originally published in 1944—when Eleanor Roosevelt supported the efforts of Stalin, and Albert Einstein subscribed lock, stock, and barrel to the socialist program— The Road to Serfdom was seen as heretical for its passionate warning against the dangers of state control over the means of production. For F. A. 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. First published by the University of Chicago Press on September 18, 1944, The Road to Serfdom garnered immediate, widespread attention. The first printing of 2,000 copies was exhausted instantly, and within six months more than 30,000 books were sold. In April 1945, Reader’s Digest published a condensed version of the book, and soon thereafter the Book-of-the-Month Club distributed this edition to more than 600,000 readers. A perennial best seller, the book has sold 400,000 copies in the United States alone and has been translated into more than twenty languages, along the way becoming one of the most important and influential books of the century. With this new edition, The Road to Serfdom takes its place in the series The Collected Works of F. A. Hayek. The volume 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 ranging from prepublication reports on the initial manuscript to forewords to earlier editions by John Chamberlain, Milton Friedman, and Hayek himself, this new edition of The Road to Serfdom will be the definitive version of Hayek's enduring masterwork.

Suggested Citation

  • Hayek, F. A. & Caldwell, Bruce, 2007. "The Road to Serfdom," University of Chicago Press Economics Books, University of Chicago Press, number 9780226320540 edited by Caldwell, Bruce.
    • Handle: RePEc:ucp:bkecon:9780226320540
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    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Jane Jacobs: Libertarian?
      by Jason Barr in Skynomics Blog on 2018-08-08 12:43:24

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    Cited by:

    1. Peter Hugh Nolan, 2005. "China at the crossroads," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 3(1), pages 1-22.
    2. Bjornskov, Christian & Dreher, Axel & Fischer, Justina AV & Schnellenbach, Jan, 2009. "On the relation between income inequality and happiness: Do fairness perceptions matter?," MPRA Paper 19494, University Library of Munich, Germany.
    3. Lawrence Busch, 2011. "The private governance of food: equitable exchange or bizarre bazaar?," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 28(3), pages 345-352, September.
    4. Allan H. Meltzer, 2003. "Choosing freely: the Friedmans' influence on economic and social policy," Proceedings, Federal Reserve Bank of Dallas, issue Oct, pages 191-205.
    5. Edward Romar, 2009. "Noble Markets: The Noble/Slave Ethic in Hayek’s Free Market Capitalism," Journal of Business Ethics, Springer, vol. 85(1), pages 57-66, March.
    6. Åsbjørn Melkevik, 2016. "No progressive taxation without discrimination? On the generality of the law in the classical liberal tradition," Constitutional Political Economy, Springer, vol. 27(4), pages 418-434, December.
    7. Hlavac, Marek, 2010. "Freedom as the key to prosperity: Lessons from the world's growth miracles and economic disasters," MPRA Paper 25563, University Library of Munich, Germany.
    8. James Dorn, 2006. "Ending Financial Repression in China," Global Economic Review, Taylor & Francis Journals, vol. 35(2), pages 231-238.
    9. Niclas Berggren, 2009. "Choosing one’s own informal institutions: on Hayek’s critique of Keynes’s immoralism," Constitutional Political Economy, Springer, vol. 20(2), pages 139-159, June.
    10. Michael Makovi, 2015. "George Orwell as a Public Choice Economist," The American Economist, Sage Publications, vol. 60(2), pages 183-208, September.
    11. Ravenscroft, Sue & Williams, Paul F., 2009. "Making imaginary worlds real: The case of expensing employee stock options," Accounting, Organizations and Society, Elsevier, vol. 34(6-7), pages 770-786, August.
    12. Meg Patrick & Richard Wagner, 2015. "From mixed economy to entangled political economy: a Paretian social-theoretic orientation," Public Choice, Springer, vol. 164(1), pages 103-116, July.
    13. Nakabayashi, Masaki, 2019. "From family security to the welfare state: Path dependency of social security on the difference in legal origins," Economic Modelling, Elsevier, vol. 82(C), pages 280-293.
    14. James Meadowcroft, 2009. "What about the politics? Sustainable development, transition management, and long term energy transitions," Policy Sciences, Springer;Society of Policy Sciences, vol. 42(4), pages 323-340, November.
    15. Tanzi, Vito, 2018. "Welfare systems and their complexity," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 50-65, October.
    16. Christopher S. Martin & Nikolai G. Wenzel, 2018. "Misjudging the character of the welfare state: Hayek, generality, and the knowledge problem," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 31(3), pages 301-314, September.

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