F. A. Hayek (1899–1992)

Milton Friedman discussed F.A. Hayek's book, The Road to Serfdom. Professor Friedman, who wrote the introduction to the 50th Anniversary edition of the book, described its effect on the ever-changing political and social climates of the twentieth century. He discussed the book's influence on the rise ... (more)of socialism after World War II, the Reagan and Thatcher administrations in the 1980s, and the shift in Eastern Europe from communism to capitalism in the 1990s. Professor Friedman is author many books, including Free to Choose and Capitalism and Freedom.