By Friedrich Hayek
The 'art' of predicting the future has certainly grown in popularity of late. You now have experts on virtually everything, who are more than willing to tell you what to do (whether you asked for it or not). Of course, most of these self-declared experts would not know reality if it hit them in the face. In such a world that we live in, to be able to go back in time and read the predictions of what a socialist England would be, and to be able to relate it to the spread of socialism in the rest of the world and its horrid effects to this day, is quite a surprise. Of course, when the author is as authoritative as Dr. Hayek, and when his arguments justly flow from history rather than rhetoric, you start to understand why.
The Road to Serfdom is a book about socialism, set around World War II, but its message remains relevant for the whole world to this day. Its explanation of why socialism is still so attractive despite its massive failures, and how it has an uncanny resemblance to Nazism, is perhaps the best I have read so far. Certainly, an excellent reading for those interested in the humanities.