In 1944, Friedrich A. Hayek wrote one of the most thought-
provoking books of our time — The Road to Serfdom. Hayek warned
that Great Britain and the United States were abandoning their
heritage of liberty and adopting the economic principles of the
Nazis, fascists, and socialists. It was not a message which the
politicians, bureaucrats, and social planners of that time
wanted to hear. Hayek, who would later win the Nobel Memorial
Prize in Economics Science, was vilified as an old-fashioned
reactionary. No one today can seriously dispute that Hayek was
right. Although Americans, for example, continue to operate
under the delusion that they live in a free-enterprise nation,
for the last sixty years they have traveled the same moral,
philosophical, and economic mad as their enemies — the road to
the welfare-state, regulated-economy way of life — the road to
serfdom. Hayek was also a lawyer. In fact, some of his greatest
contributions have been in the area of law. Among his finest
books are The Constitution of Li