Hayek: A Collaborative Biography: Part XI: Orwellian Rectifiers, Mises’ ‘Evil Seed' of Christianity and the ‘Free’ Market Welfare State (Archival Insights into the Evolution of Economics)

Hayek: A Collaborative Biography: Part XI: Orwellian Rectifiers, Mises’ ‘Evil Seed' of Christianity and the ‘Free’ Market Welfare State (Archival Insights into the Evolution of Economics)

Author
Robert Leeson
Publisher
Palgrave Macmillan
Language
English
Page
554
ISBN
9783319774275,9783319774282,3319774271
File Type
pdf
File Size
5.5 MiB

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

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