Hayek on the Market

Friedrich Hayek’s The Road to Serfdom (1944) was written during the Second World War but Hayek was really worried about what would come next. He feared that wartime planning would spill over into the peacetime economy and destroy hard won freedoms. David explores where Hayek’s fears came from and asks why he worried that democracy would only make the problem worse. He also considers what makes Hayek such a politically influential and divisive figure to this day.

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