This book discusses contemporary banking and monetary policy issues from the perspective of the Austrian School of Economics. Based on the heritage of the Austrian school, leading scholars and practitioners offer a coherent diagnosis and analysis of the factors leading to Europe’s current...

This latest volume in the Collaborative Biography of Hayek examines the interconnectedness between Hayek’s (1944) The Road to Serfdom and George Orwell’s Animal Farm (1945) and Nineteen Eighty-Four (1949); his relationship with Karl Popper and Karl Polanyi; and the work of Wilhelm von...

Hayek claimed that he always made it his rule ‘not to be concerned with current politics, but to try to operate on public opinion.’ However, evidence suggests that he was a party political operative with ‘free’ market scholarship being the vehicle through which he sought - and achieved -...

This book explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Set within a context of the recent financial crisis, alongside the renewed interest in Hayek and the Hayek-Keynes debate, the book introduces the main themes of...

On 9 August 1974, Richard Nixon resigned to avoid impeachment; on 29 April 1975, the United States scuttled from their Embassy in Saigon - optics that were interpreted as defeats for the ‘International Right’. Yet in 1975, Margaret Thatcher became leader of the Conservative Party; and in...

Part I: Crony Capitalists and Their ‘Free’ Market School Of Economics -- 1. ‘Free’ Market ‘Knowledge’ -- 2. The Deception Plans of the ‘Aristocratic Revolution’: ‘von’ Hayek I, II and III -- 3. The Deluding and the Deluded -- 4. Summoned by Bells to Aristocratic Service -- 5....

1. Introduction -- 2. The Importance of Hayek and Friedman to the Neo-liberal Concept of Freedom -- 3. The Neo-liberal Concept of Freedom -- 4. Spheres of Government -- 5. The Rise of Neo-liberalism and Tyranny of Corporations -- 6. The Rise of Mass Consumption -- 7.The Rise of Neoliberalism and...

In this updated and expanded edition, the author explores the broad features of Hayek's economic philosophy, shows the interrelationship between the liberal philosophy and economic advance, examines Hayek's approach to the problems of a money economy, and explains Hayek's aversion to all forms...

Preface -- Chapter 1. A Preliminary Introduction -- Chapter 2. Puzzles of the Monetary Regime in Premodern China -- Chapter 3. The Divergence between China and Japan -- Chapter 4. The Worst Currency or The Best Arrangement? -- Chapter 5. An Epilogue -- Index.

1. Reclaiming Democratic Classical Liberalism; David Ellerman -- 2. Democracy, Liberalism, and Discretion: The Political Puzzle of the Administrative State; Stephen Turner -- 3. Ordoliberalism as the Operationalisation of Liberal Politics; Mikayla Novak -- 4. Liberalism, Through a Glass Darkly;...