Monday, March 10, 2014

The Continuing Relevance of F.A. Hayek's 'The Road to Serfdom'

Richard Ebeling emails:

I have a new article on the news and commentary website, "EpicTimes," on "The Continuing Relevance of The Road to Serfdom"

This March marks the 70th anniversary of the publication in 1944 of Hayek's most famous book.

I summarize the essential elements in his analysis to show its relevancy today as much as when he wrote in during the dark years of the Second World War.

The continuing growth of government intervention and control of social and economic affairs; the imposition of a uniform conception of values and goals on the members of society that reduces the diversity of individual human choice; the weakening of the rule of law; and why, invariably, "the worst get on top" as government intrudes more and more into social life.


  1. 70 years and we're still not serfs (except for corporations like Woolworth's that are forced to provide public accommodations to blacks).

    1. Jerry Wolfgang = Troll = Hasn't read the book

    2. By what definition "serf?" I am forced to remit ~40% of my earnings through taxes and I am gouged out of ~3%-5% of my annual savings through inflation (under the best of circumstances). In the mean time, most of the programs to which these moneys flow are insolvent but growing and the proportion of people from which taxes are collected is getting smaller. So long as this situation continues, I think it's fair to call me a serf.

    3. Yup, troll.
      We're still not serfs.
      That's why we must pay for Obamacare whether we want to or not.
      That's why we get molested at airports.
      That's why when police comes without warrants or without prior warning you can get murdered if you defend yourself.
      That's why police gets off free after they murder mentally ill people.
      That's why we are not allowed to drink, eat or smoke whatever we want.

      Ah...screw it. Plenty of examples. But trolls don't deserve that kind of time and energy.

    4. Hayek's attack was on central economic planning which most western countries have abandoned and its appeal remains limited. Our more decentralized and surreptitious Keynesian funny money welfare/warfare regime just took longer to install the serfdom.