Macleod: “Western Democracies Are Little More Than A Sham”

In Praise Of Hayek’s Masterwork

Friedrich von Hayek first published The Road to Serfdom in 1944. His book was subsequently popularised by a condensed version in The Reader’s Digest. This article re-examines Hayek’s theme in the context of today’s economics and politics to see what lessons we can learn from it, and whether personal freedom can survive.”