Management Summary Research Study „When does a welfare state become a road to serfdom? A model of discretion, knowledge, and political selection”
This study investigates the institutional conditions under which a welfare state becomes a threat to freedom in the sense of Hayek’s “road to serfdom” warning. Using a dynamic political-economy model, the study demonstrates that the decisive margin is not the fiscal size of the state but the implementation form of public policy: whether it relies […]









