The Road to Serfdom Summary
Friedrich Hayek

The Road to Serfdom Overview

The Road to Serfdom by F.A. Hayek is a look at how the involvement of the government in economic planning can lead to catastrophic results such as totalitarianism. Hayek shows that a market will naturally regulate itself without the use of outside influences. He provides insight on how economic control by the government led to the demise of Nazi Germany. He also provides explanations on how views, opinions, and conditions can result in fascism and socialism.