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Does F.A. Hayek's Deserve to Make a Comeback?

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  • Andrew Farrant
  • Edward McPhail

Abstract

As anger at President Barack Obama's social policies grows in some quarters, scholars and talk show hosts alike have said Friedrich von Hayek's 1944 best-seller The Road to Serfdom warrants another look. But does it? Hayek maintained that even the U. S. social welfare net would lead to totalitarian government. It has not. But that does not stop some from citing the book as a foundation for ominous warnings about the United States.

Suggested Citation

  • Andrew Farrant & Edward McPhail, 2010. "Does F.A. Hayek's Deserve to Make a Comeback?," Challenge, Taylor & Francis Journals, vol. 53(4), pages 96-120.
    • Handle: RePEc:mes:challe:v:53:y:2010:i:4:p:96-120
    DOI: 10.2753/0577-5132530406
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    References listed on IDEAS

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    1. Farrant, Andrew & McPhail, Edward, 2009. "Hayek, Samuelson, and the logic of the mixed economy?," Journal of Economic Behavior & Organization, Elsevier, vol. 69(1), pages 5-16, January.
    2. Hayek, F. A. & Caldwell, Bruce, 2007. "The Road to Serfdom," University of Chicago Press Economics Books, University of Chicago Press, number 9780226320557 edited by Caldwell, Bruce.
    3. Rosser, J. Jr., 2005. "The Road to Serfdom and the world economy: 60 years later," European Journal of Political Economy, Elsevier, vol. 21(4), pages 1012-1025, December.
    4. Boettke, Peter J., 2005. "On reading Hayek: Choice, consequences and The Road to Serfdom," European Journal of Political Economy, Elsevier, vol. 21(4), pages 1042-1053, December.
    5. Samuelson, Paul A., 2009. "A few remembrances of Friedrich von Hayek (1899-1992)," Journal of Economic Behavior & Organization, Elsevier, vol. 69(1), pages 1-4, January.
    6. Bruce Caldwell, 1997. "Hayek and Socialism," Journal of Economic Literature, American Economic Association, vol. 35(4), pages 1856-1890, December.
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Hayek and the Welfare State
      by Henry in Crooked Timber on 2012-05-13 18:22:47
    2. Hayek on Serfdom and Welfare States
      by Kevin Vallier in Bleading Heart Libertarians on 2012-05-16 17:20:59
    3. Was Hayek a (Welfare) Statist?
      by David Glasner in Uneasy Money on 2012-05-22 09:14:22

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    Cited by:

    1. Robert Szarka, 2016. "The Effect of Economic Freedom on Civil Liberties in the Short Run: Physical Integrity Rights, 2000-2011," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 31(Fall 2016), pages 21-35.
    2. Peter Boettke & Rosolino Candela, 2017. "The Intellectual Context of F. A. Hayek's The Road to Serfdom," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 32(Spring 20), pages 29-44.

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