The road to serfdom

The Road to Serfdom written By Friedrich Von Hayek, mentioned below, was a study into social and economic conditions that lead to 'serfdom'. Contradictory to what i have previously said about Keynes and Hayek disagreeing here is a quote from Keynes praising Hayek's work - "In my opinion it is a grand book...Morally and philosophically I find myself in agreement with virtually the whole of it: and not only in agreement with it, but in deeply moved agreement.".

Hayek's idea that attempting to set up an economic future for ourselves will only end in ruin, hits home in current affairs. This is prettty much the key policy to the major parties in the 21st century, and they're all pretty much failling in securing a sound financial future. Hayek argues that the failure of economies will lead to the rise of a few industrialists effectively turning the 'common man' into serfs. A person lower than that of the working class. A slave basically. Many great minds approved of the book includin Keynes, Winston Churchill and George Orwell.