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Hayek: A Collaborative Biography
Part XI: Orwellian Rectifiers, Mises' `Evil Seed' of Christianity and the `Free' Market Welfare State
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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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