Thursday, April 16, 2009

The Road to Serfdom by Frederick A. Hayek

I am half way through the economic classic "The Road to Serfdom" by F.A. Hayek. This book is often mentioned by leading conservatives; someone said that Ronald Reagan changed from Democrat to Republican after he read it.

This is not a simple book to read. It's a little like a college text. You have to read it carefully to fully understand the points it makes. I am highlighting key passages and points. It is an excellent defense of free markets, individualism and capitalism. Hayek dissects the false promises and premises of socialism, collectivism and "central planning."

Don't be lazy -- if you want to understand the foundations of freedom, you have to work a little. I think it's worth the effort.

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