The Road to Serfdom

“A version of a recognized classic text that provides a full and rich context from which to understand its emergence and eventual powerful impact on the course of events and ideas in the twentieth century… . The University of Chicago Press and Bruce Caldwell have done an excellent job in dressing up this classic book for both the general reader and scholars in a variety of disciplines and the hiostory of ideas.”–Steven Horwitz “EH.Net ” “It takes courage, or something like it, to declare one’s offering ‘The Definitive Edition’… . I have no hesitation, though in describing this as an excellent edition.”–Roger Kimball “New Criterion ” “In my opinion it is a grand book… . Morally and philosophically I find myself in agreement with virtually the whole of it: and not only in agreement with it, but in deeply moved agreement.”–John Maynard Keynes

F. A. Hayek (1899-1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economics in 1974, was a pioneer in monetary theory and a leading proponent of classical liberalism in the twentieth century. He taught at the University of London, the University of Chicago, and the University of Freiburg.