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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
List of contents
1.Orwellian Rectifiers and the 'Free' Market Welfare State.- 2.The Economic Consequences of Blind Faith.- 3.The Politicization of Academia.- 4.'Financial Considerations' and the 'Free' Academic Market.- 5.'Consistent Doctrine', 'The Morals of the Market', and the 'Filthy Load of Pinks'.- 6.The Fall of Left Utopia and the Rise of 'Free' Market Euphoria.- 7.'Intellectual Orgies' and 'the "Non-Concept" of Education.- 8.Mises' 'Evil Seed' of Christianity.- 9.'German Villains and Austrian Victims'.- 10.Who Lies Behind the 'Free' Market?
About the author
Robert Leeson has been Visiting Professor of Economics at Stanford University, USA since 2005, National Fellow and Visiting Scholar at the Hoover Institution since 1995 and Adjunct Professor at Notre Dame Australia University since 2008. He has published numerous articles in journals including The Economic Journal and Economics and History of Political Economy. In addition to writing and editing twenty books, he is the co-editor (with Charles Palm) of The Collected Writings of Milton Friedman. He has held further visiting positions at Cambridge University, the University of California, Berkeley, the University of California, Santa Cruz, Santa Clara University and the University of Western Ontario.
Summary
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
