The Problem Of Authoritarianism In Milton Friedmans Economy Video
Essential Milton Friedman: Who was Milton Friedman The Problem Of Authoritarianism In Milton Friedmans EconomyFeatured channels
Originally published in England in the spring of ? The Road to Serfdom was seen as Authoritarlanism for its passionate warning against the dangers of state control over the means of production. For F. Hayek, the collectivist idea of empowering government with increasing economic control would inevitably lead not to a utopia but to the horrors of nazi Germany and fascist Italy.
First published by the University of Chicago Press on September 18,The Road to Serfdom garnered immediate attention from the public, politicians, and scholars alike. The first printing of 2, copies was exhausted instantly, and within six months more than 30, were sold. In April ofReader's Digest published a condensed version of the book, and soon thereafter the Book-of-the-Month Club distributed this condensation to more thanreaders. A perennial best-seller, the book has sold over a quarter of a million copies in the United States, not including the British edition or the nearly twenty translations into such languages as German, French, Dutch, Swedish, and Japanese, and not to mention the read article underground editions produced in Eastern Europe before the fall of the iron curtain.
Browse more videos
After thirty-two printings in the United States, The Road to Serfdom has established itself alongside the works of Alexis de Tocqueville, John Stuart Mill, and George Orwell for its timeless meditation on the relation between individual liberty and government authority. This fiftieth anniversary edition, with a new introduction by Milton Friedman, commemorates the enduring influence of The Road to Serfdom on the ever-changing political and social climates of the twentieth century, from the rise of socialism after World War II to the Reagan and Thatcher "revolutions" in the s and the transitions in Eastern Europe from Akthoritarianism to capitalism in the s.
Hayekrecipient of the Medal of Freedom in and co-winner of the Nobel Memorial Prize in Economics inwas a pioneer in monetary theory and the principal proponent of libertarianism in the twentieth century.
On the first American edition of The Miltoon to Serfdom:"One of the most important books of our generation. It link for our time the issue between liberty and authority with the power and rigor of reasoning with which John Stuart Mill stated the issue for his own generation in his great essay On Liberty.
Navigation menu
It is an arresting call to all well-intentioned planners and socialists, to all those who are sincere democrats and liberals at heart to stop, look and listen. It cannot be said too often?
George Orwell, Collected Essays Report.]
One thought on “The Problem Of Authoritarianism In Milton Friedmans Economy”