The spatial politics of F.A. Hayek's Road to Serfdom
Abstract This paper re-examines Hayek's Road to Serfdom in historical context. Of particular interest is Hayek's claim that “left” and “right” socialism of the 1930s had much in common. In making this argument, Hayek held that all socialism implied planning at the expense of consumer sovereignty. We first agree to plan, but if we are then unable to agree on its contents, someone imposes a specific course of action on us. Hayek was strenuously opposed at the time by Abba Lerner and E.F.M. Durbin, who held that we can conceptualize, and perhaps put into place, a sort of socialism which yields to the will of consumer preferences.
The Road to Serfdom symposium.: Comment on papers by Rosser and by Levy, Peart, and Farrant
Abstract The paper reviews the history of the socialist calculation debate leading up to the publication of Hayek's The Road to Serfdom, and then uses that information to address various claims made by Rosser and Levy, Peart, and Farrant in their symposium papers.
Britain's Economic Problem
I. The causes of the British crisis, 32. — II. Pent-up demand and inflation 33. — III. Decontrol, military commitments and the crisis, 37. — IV. The elements of a solution, 50. — V. Conclusions, 60.