Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Identify the correct answer.
Assertion (A): F. A. Hayek portrayed state intervention and collectivism, even in their moderate forms, as inevitably leading to an erosion of Liberty.
Reason (R): He is a supporter of laissez faire and opponent of Keynesian economics and the welfare state.

A. Both (A) and (R) are true and (R) is the correct explanation of (A)

B. Both (A) and (R) are true, but (R) is not the correct explanation of (A)

C. (A) is true, but (R) is false

D. (A) is false, but (R) is true

Answer: Option A