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 "utopia" (the "spontaneous" order) - follow orders from their social superiors.