Abstract
In 1963, Friedrich Hayek looked back on his life as an economist in London in the 1930s: 1
I found myself differing very strongly from the view then generally current in England and particularly held by the majority of my socialistically inclined colleagues in the other departments of the LSE [London School of Economics and Political Science, where Hayek had taught]. They all tended to interpret the National Socialist regime of Hitler as a sort of capitalist reaction to the socialist tendencies of the immediate post-war period, while I saw it rather as the victory of a sort of lower-middle-class socialism, certainly thoroughly anti-capitalistic and anti-liberal but taking over all the methods of socialism. It was in the end one of the memoranda which we occasionally did to prevent Sir William Beveridge from committing himself publicly to a thesis which we thought wrong that I first sketched the thesis. It caused so much surprise and disbelief … (Hayek, [1963] 1995, 62–63)
… that he decided to publish it as an article: ‘Freedom and the Economic System’ in the Contemporary Review of April 1938.2
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Lane, M. (2013). The Genesis and Reception of The Road to Serfdom . In: Leeson, R. (eds) Hayek: A Collaborative Biography. Archival Insights into the Evolution of Economics Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137328564_2
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