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Publisher's Summary

An unimpeachable classic work in political philosophy, intellectual and cultural history, and economics, The Road to Serfdom has inspired and infuriated politicians, scholars, and the public 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 20 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 is the definitive version of Hayek's enduring masterwork.

©2007 Estate of F. A. Hayek (P)2017 Blackstone Audio, Inc.

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An excellent primer for beginners of economic hist

This book along with Friedman's Free to Choose can give the casual reader a strong base of knowledge of political theory tied with economics. Would highly recommend to supplement modern curriculum.

3 of 3 people found this review helpful

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A great reading of a remarkable book.

Hayek's words read as true today as they did in 1944 in the continual battle between liberty and tyranny.

3 of 3 people found this review helpful

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This book is more relevant today then ever

socialism and economic planning will cause good leaders to be tyrannical to those that are of less favor to the majority.

1 of 1 people found this review helpful

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Excellent, Pertinent, Accessible

Simply a must read! Logical, factual, historically accurate, hugely important, and completely ignored by academia.

If I had to pick only 2 books to recommend to the world, they would be Hayek's "Serfdom" and Jordan Peterson's "12 Rules." the two best books I've ever read.

3 of 4 people found this review helpful

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Very true!!!

Socialism and communism pave the way for totalitarianism with regimes like National Socialism (Nazism) an almost expected byproduct.

Only by supporting free market capitalism unfettered by coercive government can world society achieve desired individual personal freedom and safeguard against large state mediated violence.

Hayek's book is as true today as it was in the time of WWII.

2 of 3 people found this review helpful

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Subtle, thoughtful, well reasoned classic

The narrator really struggles with the German. Otherwise it's quite well done. Excellent, thought provoking book.

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Great Book. Second Time Through

Amazing that universities still want to endorse socialism and central planning in view of 20th century realities.

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Brilliant analysis!

Great read! Hugely relevant to our times. Anyone with an interest in politics, economics, and social planning would be unwise to ignore it.

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Timely Message for Today

The scourge of Socialism has emerged again to threaten freedom. Hayek's warning is badly needed to heard by Millennials who think Socialism is preferred to free market capitalism.

1 of 2 people found this review helpful

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Why any collective order will always fail

Clear concise reasoning makes sense even today, if not especially so as we are continuing to repeat history thinking somehow we know better than our brothers.