In his book The Road to Serfdom, Friedrich Hayek argued that the growth of government
A) was essential if the ups and downs of the business cycle were going to be controlled.
B) must be increased if western democracies were going to survive.
C) could only be achieved if monetary policy-makers were willing to expand the supply of money more rapidly.
D) endangered freedom and moved Western democracies toward tyranny, just as it had done in Nazi Germany and the Soviet Union.

Question

Quizplus · Accepted Answer

Hayek argued that the expansion of government control and planning endangered individual freedoms and could lead to totalitarianism, as seen in Nazi Germany and the Soviet Union.

In His Book the Road to Serfdom, Friedrich Hayek Argued