Hayek: A Collaborative Biography

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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.