The Many Roads to Serfdom

David Colander

Middlebury College Working Paper Series from Middlebury College, Department of Economics

Abstract: The paper considers the planning/laissez faire debate discussed in the Hayek symposium, and offers three comments. The first is that all debates are contextual and Hayek's Road to Serfdom needs to be considered in its contextual setting. The second is that there are many roads to serfdom, not just the one outlined by Hayek, and the Hayek/Lerner debate today would probably focus a different road than it did in the 1930s. The third is that modern economists' focus on technical issues has in large part removed them from the role that Hayek and other top economists played in their time.

Keywords: Hayek; socialism; planning; market socialism; consumer sovereignty (search for similar items in EconPapers)
JEL-codes: B25 B31 (search for similar items in EconPapers)
Pages: 5 pages
Date: 2004-09
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http://www.middlebury.edu/services/econ/repec/mdl/ancoec/0423.pdf (application/pdf)

Related works:
Journal Article: The many roads to serfdom (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:mdl:mdlpap:0423

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