The Road to Serfdom

Text and Documents--The Definitive Edition

F. A. Hayek | 4.29 | 19,982 ratings and reviews

Recommended by Geoffrey Miller, Yuval Levin, Dan Sullivan, and 4 others. See all reviews

Ranked #5 in Conservatism, Ranked #6 in Libertarianism — see more rankings.

An unimpeachable classic work in political philosophy, intellectual and cultural history, and economics, The Road to Serfdom has inspired and infuriated politicians, scholars, and general readers 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 twenty 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 will be the definitive version of Hayek's enduring masterwork. less

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Reviews and Recommendations

We've comprehensively compiled reviews of The Road to Serfdom from the world's leading experts.

Geoffrey Miller @bdmarotta No, The Road to Serfdom by Hayek is the best book on modern evil (Source)

Yuval Levin The Road to Serfdom is a very polemical book. It was published in 1944. It’s a warning not exactly about Communism, but about the coming of statism in the West, about the ways that some of the governing élites that Hayek saw, especially in Britain, thought about governing. The book is really mostly about Britain. He talks about the dangers of central planning, of the attempt to take over the economic life of a society and to try and control it from the centre. It’s a book that is properly understood as a libertarian book, but it’s not libertarian in the way that a lot of contemporary... (Source)

Dan Sullivan Recommends this book

Mitch Daniels This book convincingly demonstrated what was already intuitive to me: namely, the utter futility, the illusion of government planning as a mechanism for uplifting those less fortunate. (Source)

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