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"...

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.

This book is the ninth volume in this series which explores the life of Nobel Price-winning economist F.A. Hayek (1899-1992). Hayek was famous for promoting an Austrian version of classical liberalism: this multi-volume biography examines the evolution of Hayek’s life and influence. In this...