Friedrich Hayek
Economist and Nobel Prize laureate
Born
May 8th, 1899
125 years ago
Died
March 23rd, 1992
32 years ago — 92 years old
Category
Thinkers & Philosophers
Country
Austria
Links & References
An Austrian-German economist and philosopher, contributed significantly to economic theory and political philosophy. Gained prominence through writings that argued against the key principles of socialism and for the importance of free-market capitalism. Awarded the Nobel Memorial Prize in Economic Sciences in 1974 for work on the theory of money and economic fluctuations. Influenced public policy and economic thought through publications such as 'The Road to Serfdom' and 'The Constitution of Liberty'.
Awarded the Nobel Memorial Prize in Economic Sciences in 1974
Authored 'The Road to Serfdom'
Developed the theory of spontaneous order
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