Friedrich August von Hayek CH FBA (/ ˈ h aɪ ə k / HY-ək, German: [ˈfʁiːdʁɪç ˈʔaʊɡʊst fɔn ˈhaɪɛk] ; 8 May 1899 – 23 March 1992), often referred to by his initials F. A. Hayek, was an Austrian-British economist, and philosopher who is best known for his defence of classical liberalism.
Sep 15, 2012 · Friedrich Hayek was born in Vienna in 1899 into a family steeped in academic life and scientific research. He worked as a statistician from 1927–31, became a Lecturer in Economics at the University of Vienna in 1929, then moved to the University of London in 1931, the University of Chicago in 1950, and the University of Freiburg in 1962, retiring in 1967.
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Friedrich Hayek is a famous economist born in Vienna, Austria, in 1899. He is well-known for his numerous contributions to the field of economics and political philosophy. Hayek's approach mostly stems from the Austrian schoolof economics and emphasizes the limited nature of knowledge. He is particularly famous for his defense of free-market capitalism and is remembered as one of the greatest critics of the socialist consensus.
According to the official Nobel Prize website, Friedrich Hayek and Gunnar Myrdaleach won the Nobel Prize in Economics in 1974 "for their pioneering work in the theory of money and economic fluctuations and their penetrating analysis of the interdependence of economic, social and institutional phenomena." After his death, some of the universities Hayek had taught at made tributes to him (such as naming an auditorium after him). Hayek is considered a major social theorist and political philosopher of the 20th century. His theory on how changing prices relay information that helps people determine their plans is widely regarded as an important milestone achievement in economics. This theory is what led him to the Nobel Prize. A World War I veteran, Hayek later said his experience in the war and his desire to help avoid the mistakes that ignited the war drew him into economics. Hayek lived in Austria, Great Britain, the United States, and Germany and became a British subject in 1938. He...
In 1984, Hayek was appointed a member of the Order of the Companions of Honour by Queen Elizabeth II, on the advice of Prime Minister Margaret Thatcher, for his "services to the study of economics." He was the first recipient of the Hanns Martin Schleyer Prize in 1984. He also received the U.S. Presidential Medal of Freedom in 1991 from President George H. W. Bush.
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Friedrich Hayek. Friedrich Hayek, a renowned Austrian-British philosopher and economist, was born on May 8, 1899 as Friedrich August von Hayek, in Vienna, Austria. Hayek hailed from an affluent and noble family, his father, August von Hayek was a famous botanist and renowned physician.
Aug 01, 1992 · Friedrich A. Hayek, who died on March 23, 1992, at the age of 92, was probably the most prodigious classical liberal scholar of the 20th century. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics. He published 130 articles and 25 books on topics ranging from technical economics to ...
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- The Road to Serfdom. Big Government World History. 03/01/1944 Books Friedrich A. Hayek. This book is a classic in the history of liberal ideas. Formats. PDF (1.25 MB)
- Prices and Production and Other Works. Booms and Busts Business Cycles Production Theory. 09/15/1931 Books Friedrich A. Hayek. These seven works taken together constitute the essential core of Austrian macroeconomics.
- Monetary Theory and the Trade Cycle. Austrian Economics Overview Prices Production Theory. 09/27/2008 Mises Daily Articles Friedrich A. Hayek. Our reflections thus yield the conclusion that an alleviation of cyclical fluctuations should be expected preeminently from a greater publicity among business enterprises, and particularly among the banks.
- Choice in Currency. Monetary Theory. 02/15/1976 Books Friedrich A. Hayek. Hayek shows that it is crucial to bring the forces of competition to bear in currency markets.