"This is total rubbish ! He got the Noble Prize in economics for his economics ! i.e. the Mises-Hayek theory of the business cycle and his writings on the problems of central planning e.g. this essay: http://www.econlib.org/library... The Road To Serfdom is no different to the predictions made in the book 1984 by Orwell and made at exactly the same time. The difference being the Hayek's predictions are far less over the top and rooted in reality. http://en.wikipedia.org/wiki/A... http://www.nobelprize.org/nobe... The best thing he ever wrote is the essay 'The Use of Knowledge in Society', I very much doubt Bill Black understands its significance." - Adrian