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The Road to Serfdom:

a. advocated for laissez-faire economics.
b. offered an intellectual basis for the critique of active government.
c. was written by an Austrian-born economist who embraced the label of "conservative" all of his life.
d. B and C
e. A and B

1 Answer

6 votes

Answer:

E) A and B

Step-by-step explanation:

The Road to Serfdom was written by Austrian-born economist Friedrich Hayek. The thesis in the book is that a government that intervenes in the market economy would eventually become a tyrannical authority-

This book thus, argued for market libertarianism: the abscence of a strong government, and the organization of most matters in life and society through market means.

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