75 years ago this month, Fredrick Hayek, the Austrian Economist recruited by the LSE, published his manifesto for a free and liberal society: “The Road to Serfdom.”

The book – or some might say the siren alert to the perils of socialism – was written in the evenings between 1940 and 1943, while he was acting as a war-time Cambridge fire warden.

Hayek and his publishers anticipated modest sales. Indeed, war-time paper rationing allowed it to be printed only in small runs. But the publication soon turned into a popular phenomenon

On today’s podcast, the IEA’s Associate Director Kate Andrews discusses why the Road to Serfdom became a huge success, and remains relevant to this day, with the IEA’s Research Fellow Professor Philip Booth and the Director of the Adam Smith Institute, Dr Eamonn Butler.Subscribe to our podcast channel on Apple Podcasts.