Hayek: A Collaborative Biography

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 ¿utopiä (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.