Mises Daily
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Investor’s Business Daily April 16, 1999 Why the Worst Get On Top When ‘’The Road To Serfdom’’ was published, smart people turned up their noses at the groundbreaking free-market book. In Great Britain - where the book’s author, economist F.A. Hayek lived - the Labor Party was in ascendancy. The U.S. was still swooning over the New Deal. Most