If conservatives accept President Donald Trump’s agenda to dismantle our republic’s laws and principles, they could go down The Road to Serfdom, as Friedrich A. Hayek’s book title suggests. Hayek, an Austrian-British economist and Nobel laureate, believed that “the system of private property is the most important guarantee of freedom.” Any constraints on the exchange of property in the marketplace lead to socialism, which he considered a form of totalitarianism.
Wednesday, February 25, 2026
