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Hayek on Socialism and on the Welfare State

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  • Bruce Caldwell

Abstract

In an earlier issue of Challenge, Andrew Farrant and Edward McPhail noted the new popularity of F.A. Hayek's The Road to Serfdom and proceeded to criticize it comprehensively. In this piece, a leading Hayek scholar defends the book as a brilliant criticism of "hot socialism," not of the welfare state itself. This particularly literate author makes clear that the term "socialism" is widely misused today. In the article that follows, Farrant and McPhail reply.

Suggested Citation

  • Bruce Caldwell, 2011. "Hayek on Socialism and on the Welfare State," Challenge, Taylor & Francis Journals, vol. 54(1), pages 82-97.
    • Handle: RePEc:mes:challe:v:54:y:2011:i:1:p:82-97
    DOI: 10.2753/0577-5132540105
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    References listed on IDEAS

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    1. Hayek, F. A., 2010. "Studies on the Abuse and Decline of Reason," University of Chicago Press Economics Books, University of Chicago Press, number 9780226321127 edited by Caldwell, Bruce, Febrero.
    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, December.
    3. Hayek, F. A. & Caldwell, Bruce, 2007. "The Road to Serfdom," University of Chicago Press Economics Books, University of Chicago Press, number 9780226320540 edited by Caldwell, Bruce, Febrero.
    4. Hayek, F. A., 2010. "Studies on the Abuse and Decline of Reason," University of Chicago Press Economics Books, University of Chicago Press, number 9780226321097 edited by Caldwell, Bruce, December.
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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. Feld, Lars P. & Nientiedt, Daniel, 2022. "Hayekian economic policy," Journal of Economic Behavior & Organization, Elsevier, vol. 204(C), pages 457-465.
    3. Andrew Farrant & Edward McPhail, 2012. "Supporters Are Wrong," Challenge, Taylor & Francis Journals, vol. 55(5), pages 94-105.
    4. Makovi, Michael, 2016. "The Freedom of the Prices: Hayek's Road to Serfdom Reassessed," MPRA Paper 72071, University Library of Munich, Germany.

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