Quote of the Week

If The Road [to Serfdom] was often misconstrued as a blast against the welfare state, it found readers in German-speaking Europe where its message was understood the other way around — as an insightful analysis of recent history and as a plea for a system, liberalism, that had never really been tried in Germany. In English, The Road was a conservative manifesto; in Germany, it turned out to be revolutionary. As a result, The Road‘s actual influence on German politics may have been more profound and lasting than it has been in the English-speaking world, a fact usually ignored by American Hayek scholars.

— François Godard, “The Road to Serfdom’s Economistic Worldview,” Critical Review 25, 3–4 (2013), pp. 378–379.

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