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Hayek: A Collaborative Biography

Part XII: Liberalism in the Classical Tradition, Austrian versus British

Robert Leeson

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Sozialwissenschaften, Recht, Wirtschaft / Volkswirtschaft

Beschreibung

F.A. von Hayek (1899-1992) was a Nobel Prize winning economist, famous for promoting an Austrian version of classical liberalism. The multi-volume Hayek: A Collaborative Biography examines the evolution of his life and influence.

Two concepts of civilization revolve around power – should it be separated or concentrated?  Liberalism in the non-Austrian classical tradition remains fearful of power concentrated in the hands of government, labour unions or corporations; Red Terrorists sought to monopolize power to liquidate enemies and competitors as a prelude to utopia (the ‘withering away of the State’); and behind the ‘slogan of liberty,’ White Terror promoters (Mises and Hayek) sought to concentrate power in the hands of a ‘dictatorial democracy’ where henchmen would liquidate enemies, and – ‘guided’ by ‘utopia’ (the ‘spontaneous’ order) – follow orders from their social superiors. This volume, Part XII, examines the ‘free’ market Use of Knowledge in Society; examines the foundations of ‘free’ market educational credentials; and asks whether those funded by the tobacco industry and the carbon lobby should be accorded ‘independent policy expert’ status.  


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neoclassical economics, aristocratic influence, Free markets, Austrian School of Economics, Labour unions, climate change, Classical liberalism, Red Terrorists, Austrian Business Cycle Theory, Serfdom, Ordo-liberalism, Wilhelm von Humboldt, white supremacism, Use of Knowledge in Society, fascism, Karl Popper, Nobel Prize, Karl Polanyi, Mises, Hayek