The Road to Serfdom, Author: Friedrich Hayek.
By Yang Jisheng – Reading The Road to Serfdom gave me a new perspective on economics, politics, the state and society. Hayek helped me understand China’s tragedy; my research into the disasters China suffered helped me understand Hayek.
Whether or not Beijing will admit it, China is beholden to Hayek’s thinking in relinquishing the highly centralized planning of its economy in favor of competitive markets and private enterprise. This choice is making China prosperous and has elevated it to the world’s second largest economy. more> http://tinyurl.com/kkz2kyf