HAYEK, Friedrich August von.

£5,750 · Offered by Peter Harrington · No longer available

The Road to Serfdom. Second printing of the first US edition, signed by Hayek on the front free endpaper. The copy was owned by, and presumably signed for, the Austrian School economist Hans Sennholz (1922-2007), Hayek's fellow member of the Mont Pèlerin Society. Sennholz frequently referenced Hayek and called him "one of the most sagacious monetary thinkers" in Money and Freedom (1985, p. 84).A seminal polemic against centralization and collectivism, The Road to Serfdom was "far and away the most eloquent and straightforward statement of his political and economic outlook that Hayek ever achieved" (ODNB). His principal argument is that extensive state control of the economy tends inexorably towards the erosion of individual liberties and the development of authoritarianism. The second printing of October 1944 followed the first of September; the book was first published in Britain in March.

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