68 | F.A. Hayek’s The Road to Serfdom: Competition, Individualism, and the Politics of Reaction
In this episode, we discuss the ideas of economist and political philosopher F.A. Hayek as they appear in his 1944 book The Road to Serfdom. This influential book was written in response to what Hayek saw as the trend towards socialism in the mid-twentieth century and it offers his defense of “classical liberalism.” We examine the political and epistemological premises of Hayek’s theory of liberty and free markets, question his assumptions on human nature and cooperation, and near the end cri...