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...

Much controversy exists over whether F. A. Hayek posited an inevitability thesis – interventionist policy would supposedly mutate into full-blown command planning – in The Road to Serfdom. This paper argues that much of the confusion over Hayek’s alleged inevitability thesis is generated...

This paper provides a bargaining aspect into the analysis of intellectual property protection across borders. We investigate the conditions under which a mutually accepted level of intellectual property enforcement can be agreed upon between two negotiating governments. We also explore the...

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...

Some supporters claim that Friedrich Hayek was more accepting of some aspects of the welfare state than is generally believed. Is that a way to sugarcoat his central laissez-faire message? The authors say there is no disguising his belief that the contemporary welfare state will lead to serfdom.

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...