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© 2018

Hayek: A Collaborative Biography

Part XI: Orwellian Rectifiers, Mises’ ‘Evil Seed' of Christianity and the ‘Free’ Market Welfare State

Book

Part of the Archival Insights into the Evolution of Economics book series (AIEE)

About this book

Introduction

Funded by the tobacco and fossil fuel industries, the Mises- and Hayek-inspired ‘free’ market has adopted ‘The Slogan of Liberty’ - but should their faith-based assertions be accorded the same epistemological status as a science?  If Austrian economics is a branch of divinely revealed ‘knowledge’ - as the epigone Godfather, Hans Sennholz, insists - what validity do its policy recommendations have?  Should those who falsely claim to have PhDs be tax-funded as ‘Post-Doctoral Fellows’ and ‘Professors’?  

This volume examines the consequences of the ‘free’ market colonisation of economics – climate change, financial crises and the corruption of academic discourse


Keywords

Austrian School of Economics Austrian Welfare State Ludwig Heinrich Edler von Mises Classical liberalism Market failure Free-market capitalism

Authors and affiliations

  1. 1.Department of EconomicsStanford UniversityStanfordUSA

About the authors

Robert Leeson has been Visiting Professor of Economics at Stanford University, USA since 2005, National Fellow and Visiting Scholar at the Hoover Institution since 1995 and Adjunct Professor at Notre Dame Australia University since 2008. He has published numerous articles in journals including The Economic Journal and Economics and History of Political Economy. In addition to writing and editing twenty books, he is the co-editor (with Charles Palm) of The Collected Writings of Milton Friedman. He has held further visiting positions at Cambridge University, the University of California, Berkeley, the University of California, Santa Cruz, Santa Clara University and the University of Western Ontario.

Bibliographic information