Morton's review:

Hayek lived into his nineties and died in 1992.  Like Friedman, Hayek was a Nobel laureate in economics.  While most of his writings are fairly technical, The Road to Serfdom is highly readable.

Written in England in 1944 while Hayek was an Austrian refugee from Nazi-occupied Europe, Road to Serfdom is pure gold for conservatives and well worth frequent reading.  But it utterly frustrates liberal readers because it explains so clearly and powerfully why socialism can't work.  Frank Meyer, whom I shall discuss later, read Road to Serfdom while he was associated with the Communist Party.  'The Party will have to answer this,' Meyer told his wife.  The Party couldn't and didn't.  Meyer set off on his journey up the road from serfdom.