“The late great Austrian economist F.A. Hayek would have seen the Arab Spring for the economic revolt it was right from the start,” writes Hoover Institution scholar Fouad Ajami in The Wall Street Journal. In his iconic Road to Serfdom, Hayek laid out the stepping stones that lead societies to abandon individual freedom and replace it with central planning and socialism. Ajami explains how the Arab world went down its road to serfdom during the 1950s and ’60s. America faces a similar risk today. Ajami writes: “What Hayek would call …
