Commenting on the Pinochet regime, Friedrich Hayek famously claimed in 1981 that he would prefer a 'liberal' dictator to 'democratic government lacking liberalism.' Hayek's defense of a transitional dictatorship in Chile was not an impromptu response. In late 1960, in a little known BBC radio...

In 1980 Friedrich Hayek wrote to Paul Samuelson complaining about the role that Economics had played in discrediting the thesis of Hayek's The Road to Serfdom. In the 11th edition of Economics, Samuelson had written that "each step away from the market system and towards the social reform of the...

We assess Peter Boettke's public choice reading of F. A. Hayek's The Road to Serfdom (1944). In particular, we argue that Boettke's reading of Hayek's thesis ignores the possibility that rent-seeking interests may block movements along Hayek's road and does not give sufficient weight to facts on...