Friedrich Hayek's condensed version of The Road to Serfdom warns that centralized control of economic decisions and the increasing scope of government planning can lead down a road towards tyranny and serfdom. The document reprints Hayek's condensed version of The Road to Serfdom as it appeared in the April 1945 edition of Reader's Digest, along with an introduction from The Institute of Economic Affairs on the history and significance of the work.
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Hayek - The Road To Serfdom
1. The Road to Serfdom
with The Intellectuals and Socialism
2. The Road to Serfdom
with The Intellectuals and Socialism
FRIEDRICH A. HAYEK
the condensed version of the road to serfdom
b y f . a . h ay e k a s i t a p p e a r e d i n t h e a p r i l 1 9 4 5
e d i t i o n o f r e a d e r’ s d i g e st
The Institute of Economic Affairs