Hayek makes a comeback

People aren’t just buying Atlas Shrugged, it looks like the Road to Serfdom, written by Friedrich Hayek, is making a comeback:

So far this year the most popular edition of Road to Serfdom has sold 11,366 copies. That compares with 3,131 copies at the same point last year. That’s a 263 percent increase for those of you keeping score at home.

Why? Well, no doubt huge new government spending programs and attempts to massively expand the welfare state send people looking for classic literature that makes the case for liberty and limited government. But what the Marxists call the “objective conditions” can always use a bit of help. And indeed, just as I found in investigating the sales bump for Atlas Shrugged, it looks like an op-ed in the Wall Street Journal was instrumental in boosting the sales of The Road to Serfdom.

On February 4, former House Majority Leader Dick Armey, now chairman of Freedomworks, published an op-ed in the Journal titled “Washington Could Use Less Keynes and More Hayek.” Sales of Road to Serfdom, which had been running at just under 300 a week, rose steadily to almost 700 over the next four weeks. It seems likely that Armey’s op-ed caused the new interest.

It is a great book and if you haven’t read it yet, you should.

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