Is Hayek to blame?
David Runciman
The Mont Pelerin Society was set up in 1947 with the aim of ensuring that the apparent triumph of freedom over fascism in the Second World War should instead be understood as a defeat. Inspired by its founding father, Friedrich von Hayek, whose rallying call The Road to Serfdom had been published three years earlier, the organisation believed that the price of victory had been too high....