Oct 26, 2026
The battle of ideas
The Road to Serfdom, by F. A. Hayek This OpinionJournal article, “Investing in the Right Ideas,” by James Piereson, surveys a brief history of philanthropy in the 20th century. Piereson describes three phases of conservative philanthropy, initiated by F. A. Hayek in the 40’s and 50’s. He writes, “The seminal influence on these funders was F.A. Hayek’s ‘The Road to Serfdom,’ published in London in 1944 and in the U.S. the following year. This slender volume, an articulate call to...
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