Road to Serfdom, 60th anniversay

BBC informs us that this is the 60th anniversary of the publication of Hayek’s Road to Serfdom. In memoriam, here is a fact sheet about the book.

I have always seen huge pluses and minuses in the work. On the down side, mixed economies did not lead to fascism, communism, or totalitarianism, as Hayek had feared. On the plus side, Hayek offers his strongest and clearest case for liberty. Only rarely is political decision-making about trying to do the right thing. His analysis of the dynamics of political power remains a “public choice” classic to this day.

Thanks to Ray Squitieri for the pointer.