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Hayek: A Collaborative Biography

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

  • Robert Leeson

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

  • Robert Leeson
    • 1
  1. 1.Department of EconomicsStanford UniversityStanfordUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-77428-2
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2018
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-77427-5
  • Online ISBN 978-3-319-77428-2
  • Buy this book on publisher's site
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