Category Archives: Road to Serfdom
The Road to Serfdom and The Fatal Conceit.
According to economist Karl Smith, one of the things that Hayek explains in his Road to Serfdom is why “there is nothing fundamentally wrong with communal ownership of the means of production.” And, yes, you did read that right.
Ed Morrissey does Bill Wittle one better. Last month Morrissey read Hayek’s The Road to Serfdom for the first time, which also helped inspire this dandy little post on why the Left is so in need of unity and so … Continue reading
Limbaugh Wednesday: Now, meanwhile, there are Republican political operatives insulting Tea Party members of not being sophisticated, not having read Friedrich Von Hayek. Wonderful, great people, but just not sophisticated. Karl Rove said this, but he’s not alone. I got … Continue reading
As usual, Caldwell nails it. From the Abstract: In a recent article in Challenge magazine, Andrew Farrant and Edward McPhail argue that the central message of F.A. Hayek’s The Road to Serfdom is that any attempt to create a welfare … Continue reading
When democracy ends and the rule of law is set aside, what replaces it is “pragmatic” decision-making by administrative fiat — i.e. rule by the granting of perks and privileges to favored clients, pressure groups, and supporters. And — big … Continue reading