The Road to Serfdom is a book written by the Austrian-born economist and philosopher Friedrich von Hayek ( 1899 -- 1992 ) between 1940 -- 1943 , in which he '' [ warns ] of the danger of tyranny that inevitably results from government control of economic decision-making through central planning . ''
The Road to Serfdom is a book written by the Austrian-born economist and philosopher Friedrich von Hayek ( 1899 -- 1992 ) between 1940 -- 1943 . In the book he warned of the danger of tyranny which comes from `` government control of economic decision-making by central planning '' .