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Orwellian Rectifiers and the ‘Free’ Market Welfare State

  • Robert Leeson
Chapter
Part of the Archival Insights into the Evolution of Economics book series (AIEE)

Abstract

Should ‘free’ market religion 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? Through fraudulent recommendations, Hayek created a Welfare State for his unqualified disciples—almost all of his ‘intermediaries’ are (according to conventional metrics) academically unemployable. Yet patronage-based office-holding—working as an ‘independent’ policy ‘expert’ for the tobacco and fossil fuel industries—has become the ‘shortest road to boundless wealth.’ Should the beneficiaries of this ‘free’ market largesse be obliged to register as lobbyists?

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Archival Insights into the Evolution of Economics (and Related Projects)

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.Department of EconomicsStanford UniversityStanfordUSA
  2. 2.Notre Dame Australia UniversityFremantleAustralia

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