Why have two long-dead Austrian economists become cult figures in Brazil? ...Middle East

Quartz - Economy
Why have two long-dead Austrian economists become cult figures in Brazil?
source : Quartz ( Middle East ) () 12
In Brazil, two long-gone and much-denounced Austrian economists are experiencing a curious swell of fame. This newfound popularity makes for an unusually clear case study—of how ideas from the fringe slide into the mainstream through deliberate dispersal but also through the fortunes of timing and political fluctuations.Friedrich Hayek and Ludwig von Mises were known for their devout advocacy of maximally free markets and minimal government assistance. Mises, who emigrated from Austria to the US in 1940, was a champion of classically liberal economics. His student Hayek won the economics Nobel in 1974 for his arguments against centralized economic planning and government spending.Both Mises

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