The Road to Serfdom (Friedrich Hayek)

"The Road to Serfdom" by Friedrich Hayek warns that excessive government control and central planning can lead to the loss of individual freedoms and ultimately, tyranny. Hayek argues that economic freedom and free markets are essential for personal liberty and prosperity. When governments expand their power to regulate and plan the economy, it often results in diminished choices, inefficiency, and the risk of authoritarian rule. The book advocates for limited government intervention, emphasizing that protecting individual liberty and a free economy is crucial for a thriving, free society.