"The Road to Serfdom"

The value of human dignity in society is considered a necessary condition for true progress and can not be emphasized in any way and therefore every society must strive to achieve this goal It will not. I have historically seen that not complying with this resulted in a number of catastrophic consequences. Hayek pointed out the value of restricting state power within his book "The Serfdom to Serfdom". Because past events such as Nazi atrocities are due to such lack of circumstances. In addition, this contributes to the rise of totalitarian regime, virtually eliminating the entire group.

In the "road to slavery" published in 1944, Hayek believes that government plan will inevitably lead to totalitarian control by suppressing individualism. Like Mises' book "Bureaucracy", the "road to slavery" is widely read. It attracted the attention of some very wealthy people who saw the opportunity to eliminate regulation and taxation in philosophy. In 1947, Hayek established the first organization to disseminate neoliberal doctrine - financial support of Montpellier laboratories - funded by the millionaire and its foundation.

For half a century, classical works ranging from political philosophy, intellectuals, cultural history and economics have driven and angered politicians, scholars, and ordinary readers. As Eleanor Roosevelt backed the efforts to support Stalin and Einstein's socialist plan, first published in the UK in the spring of 1944, the "road to slavery" sees as a warning of the danger of state control over production means It was done. For heresy. For F. A. Hayek, the idea of ​​collectivism is to give the government more economic control, which inevitably leads to utopia but leads to fears of Nazi Germany and fascist Italy.

March: Friedrich · Hayek, a British economist born in Austria, published "The Road to Serfdom". It is widely read in America and the UK. He warned that the government's good intervention to the economy is a depression like the medieval serfdom that the government will lead to strict management of people's lives. Milton Friedman (1912-2006) was appointed Professor of Economics at the University of Chicago. Friedman was once a Keynesian and acted under the influence of his best friend George Stigler (1911-1991). He established a market oriented Chicago economics department and reconstructed conservative economic theory. Stigler opposed the reaction to industrial regulation, Friedman weakened Keynes' macroeconomics. Friedman was awarded the Nobel Prize in 1976 and was awarded the Stigler award in 1982.

In the face of the economic restraint, market-oriented conservatives gathered in the 1970s. They rediscovered Friedrich Hayek's "The Road to Slavery" (1944) and introduced Milton Friedman, leader of the Chicago Economics Institute. He claimed that Monetarism broke Keynesianism. Keith Joseph played an important role as Thatcher's consultant. Global events such as the 1973 oil crisis put pressure on the postwar agreement; domestic problems exacerbated this pressure like high inflation, 3 day wages and industrial turmoil (especially in the coal mining industry) I was allowed to. At the beginning of 1976 inflation and the expected deterioration of the double deficit contributed to the pound crisis. As of October, the pound against the US dollar fell by about 25%