In 16-18th of February New Economic School Georgia and Friedrich Nauman Stiftung Organized Seminar About Friedrich August von Hayek and His Famous Book "The Road toSerfdom" The event took place in Gurjaani, Georgia
Friedrich August von Hayek, CH(May 8, 1899 in Vienna – March 23, 1992 in Freiburg) was an Austrian-born British economist and political philosopher known for his defense of liberal democracy and free-market capitalism against socialist and collectivist thought in the mid-20th century. He is considered to be one of the most important economists and political philosophers of the twentieth century.One of the most influential members of the Austrian School of economics, he also made significant contributions in the fields of jurisprudence and cognitive science. He shared the 1974 Nobel Prize in Economics with ideological rival Gunnar Myrdal "for their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena."He also received the U.S. Presidential Medal of Freedom in 1991.
The Road to Serfdom is a book written by Friedrich Hayek (recipient of a Nobel Prize in Economics) and originally published by Routledge Press in March 1944 in the UK and then by the University of Chicago in September 1944. In April, 1945, Reader's Digest published a slightly shortened version of the book, which eventually reached more than 600,000 readers. Around 1950 a picture-book version was published in Look Magazine, later made into a pamphlet and distributed by General Motors. The book has been translated into approximately 20 languages and is dedicated to "The socialists of all parties". The introduction to the 50th anniversary edition is written by Milton Friedman (another recipient of the Nobel Prize). The Road to Serfdom is among the most influential and popular expositions of classical liberalism and libertarianism.
This single book has significantly shaped the political ideologies of Margaret Thatcher, Ronald Reagan and the concepts of 'Reagonomics' and 'Thatcherism'. It also lead to the revival of classical liberal thinking in the West and lessening the socialist influence.
This single book has significantly shaped the political ideologies of Margaret Thatcher, Ronald Reagan and the concepts of 'Reagonomics' and 'Thatcherism'. It also lead to the revival of classical liberal thinking in the West and lessening the socialist influence.
