Friedrich Hayek
Also known as Friedrich August von Hayek, F. A. Hayek
Austrian-British economist and philosopher (1899 to 1992); author of The Road to Serfdom.
At a glance
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- Friedrich Hayek was an Austrian economist and philosopher who lived from 1899 to 1992, and a leading member of the Austrian school.
- He taught at the London School of Economics from 1931, then at the University of Chicago, Freiburg and Salzburg.
- His most popular book, The Road to Serfdom (1944), argued that central economic planning leads to a loss of freedom.
- He shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal.
- His account of how prices carry information is widely seen as his main contribution to economics.
Key facts
- Born
- 8 May 1899, Vienna1
- Died
- 23 March 1992, Freiburg, Germany1
- Education
- University of Vienna: doctorates in law (1921) and political science (1923)1
- Taught
- London School of Economics (1931 to 1950); University of Chicago, Committee on Social Thought (from 1950, until he moved to Freiburg); University of Freiburg (1962 to 1968); University of Salzburg (1969 to 1977)1
- Nationality
- British subject from 19381
- Nobel
- Nobel Memorial Prize in Economic Sciences (1974), shared with Gunnar Myrdal1
- Books
- The Road to Serfdom (1944); Individualism and Economic Order (1948); The Constitution of Liberty (1960); Law, Legislation and Liberty (1973 to 1979); The Fatal Conceit (1988, its authorship disputed)1
- Honours
- Companion of Honour (1984); Presidential Medal of Freedom (1991)1
- Also
- Formed the Mont Pèlerin Society with Frank Knight, Milton Friedman and George Stigler1
Connections
Related
- Bernard MandevillePersonHayek praised his ideas on society and politics in Law, Legislation and Liberty
- Reflections on the Revolution in FranceBookHayek acknowledged an intellectual debt to Burke
- Robert NozickPersonReading Hayek's The Constitution of Liberty moved him away from socialism
- The Servile StateBookThe Road to Serfdom quotes it at the head of a chapter
Links
Sources
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