F. A. Hayek published The Road to Serfdom in 1944, so 2019 marks the 75th anniversary of the event. The paper traces how Hayek came to write the book, who his opponents were, and how the book got interpreted by both friends and critics after its publication. Because the book is more typically...

This paper aims to examine ideological and politico-economic power structures of post WWII-German economics. Using the conception of a German Neoliberal Thought Collective, organized around the Mont Pèlerin Society, it highlights the similarities between ordoliberalism as German variety of...

Dieser Beitrag skizziert eine Problemgeschichte des Liberalismus und bestimmt dann den Stellenwert, den Ludwig von Mises als Theoretiker des Liberalismus beanspruchen kann: im Hinblick auf die Vergangenheit, aber auch im Hinblick auf die Zukunft des liberalen Programms.

Economic freedom is an important contributor to growth and prosperity within countries and across the globe, as well as a key component of individual liberty in the classical liberal tradition. Many ethicists and social scientists criticise the relative distribution of the benefits of economic...

Widespread academic use of the term "neoliberalism" is of surprisingly recent origin, dating to only the late 20th century. The vast and growing literature on this subject has nonetheless settled on an earlier origin story that depicts the term as self-selected moniker from the Walter Lippmann...

Efficient constitutional change depends on ability of bargaining parties to overcome such inherent problems of political change as commitment and credibility (Galiani, Torrens, and Yanguas, 2014; Congleton, 2011; Boettke and Coyne, 2009). This paper studies how constitutional bargaining leads to a...

Hayek's The Road to Serfdom is often read as a policy book and a political tract for its time. It is also often read as little more than a “slippery slope” argument, leading inevitably down a road from a free society to the gulag. In this paper, we counter the claim that The Road to Serfdom...

F.A Hayek is one of the most important and influential advocates of liberalism in the 20th century. His theory is famously based on the concept of spontaneous order, an order emerging from the interaction of individuals without central control and appears critical of every form of...

This paper applies Hayek's arguments in “The Road to Serfdom” to the case of Brazil in the first three decades of the twentieth century. We describe the Brazilian experiment under a liberal regime from 1892 and 1930 and the causes of its demise. We identify these causes as stemming from a...