The program talked with an economist, Yuri Maltsev, Prof. of Economics, Carthage College, who left the Soviet Union, who had read The Road to Serfdom there in a locked room and upon swearing that he would tell no one he had read it and that he would not talk about it. The intention was that if a few economists read the book, they might find a way to improve the floundering Soviet economy by stealing a secret or two from a great proponent of Capitalism!
Thomas E. Woods, Jr. of the Ludwig von Mises Institute was also a guest on the show and summarized what he thought were the main points of The Road to Serfdom. To summarize what Woods said were Hayek's main three points:
- The worst people rise to the top planning and leadership positions, because all they promise is a lie.
- They are unable to deliver basic goods and services, not even toilet paper, toothpaste, or condoms.
- Everyone must abide by the central planner's priorities, so no one is allowed to live their own life.