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The Road to Serfdom

Friedrich A. Hayek

Featured in: Austrian Economics reading guide
Publish date
1969
Publisher
Inst of Economic Affairs
Description
"The Road to Serfdom" by Friedrich A. Hayek explores the dangers of centralized economic planning and state control over the economy. The book argues that government management of economic decisions inadvertently erodes individual liberties, ultimately leading to authoritarianism. Hayek advocates for free-market capitalism and the rule of law as essential safeguards for personal freedom and democracy.

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Books cited in The Road to Serfdom

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  1. Liberty and the News

    Lord Acton

    Citation

    Acton's dictums on power and freedom strongly inform Hayek's warnings against state authority.

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  2. Das Kapital

    Karl Marx

    Citation

    Serves as the primary ideological target for Hayek's critique of socialist planning.

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  3. Democracy in America

    Alexis de Tocqueville

    Citation

    Cited for warnings regarding democratic despotism and the subtle loss of individual liberty.

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  4. The Wealth of Nations

    Adam Smith

    Citation

    Serves as a foundational economic text for Hayek's arguments on spontaneous order and market mechanisms.

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  5. On Liberty

    John Stuart Mill

    Citation

    Hayek draws heavily on Mill's classical liberal defense of individual freedom and warnings against state coercion.

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  6. The Good Society

    Walter Lippmann

    Citation

    Explicitly cited for its critique of totalitarian trends and defense of liberalism in the 1930s.

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  7. Reflections on the Revolution in France

    Edmund Burke

    Citation

    Influences Hayek's skepticism toward central planning and radical social engineering.

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  8. Socialism: An Economic and Sociological Analysis

    Ludwig von Mises

    Citation

    Provides the underlying economic calculation problem argument that Hayek expands upon.

    High relevanceExplore
  9. The Managerial Revolution

    James Burnham

    Citation

    Cited by Hayek regarding the shift of power toward centralized economic planners and technocrats.

    Medium relevanceExplore
  10. The German Record

    William Ebenstein

    Citation

    Cited in analyzing the intellectual roots of National Socialism in Germany.

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  11. The Economic Consequences of the Peace

    John Maynard Keynes

    Citation

    Referenced in discussions concerning European economic instability and planning policies.

    Medium relevanceExplore
  12. The Great Society

    Graham Wallas

    Citation

    Referenced in relation to modern social structures and psychological factors in politics.

    Medium relevanceExplore

There may be more citations. We show up to 12 per book to keep the list manageable.

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    Shares the core thesis that economic freedom is a necessary condition for political freedom.

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    Karl Popper

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    Complements Hayek's work by critiquing totalitarian philosophies and defending open democracy.

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    Hayek's later, more comprehensive systematic treatise on political philosophy and the rule of law.

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