The Road to Serfdom (.pdf version)

Finally, here is an edition of Road to Serfdom that does justice to its monumental status in the history of liberty. It contains a foreword by the editor of the Hayek Collected Works, Bruce Caldwell. Caldwell has added helpful explanatory notes and citation corrections, among other improvements. For this reason, the publisher decided to call this “the […]

Monkey-gland Economics

Excepting pure despotism, it is customary for a government to offer the public some plea of imperative national necessity for inordinate taxation. As men could not be worse off in anarchy or brute savagery than with a government which strips them to the bone, obviously there is a rational limit to theproper expense of government. And […]