Masters Of Money - Part 2 - Friedrich Hayek
Hayek , was an Anglo-Austrian economist and philosopher best known for his defence of classical liberalism. Hayek shared the Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for his "pioneering work in the theory of money and economic fluctuations and [ Hayek served in World War I during his teenage years and said that this experience in the war and his desire to help avoid the mistakes that had led to the war drew him into economics. Although he is widely considered as a leader of the Austrian School of Economics , he also had close connections with the Chicago School of Economics. Hayek was appointed a Companion of Honour in for "services to the study of economics". His ideas on unplanned orders and other subjects are published in Studies in Philosophy, Politics and Economics
Friedrich August von Hayek CH FBA often referred to by his initials F. A. Hayek, was an Anglo-Austrian economist and.
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Friedrich A. Hayek
Tags Austrian Economics Overview. Articles of Interest. A claim for equality of material position can be met only by a government with totalitarian powers. Born Friedrich August von Hayek in to a distinguished family of Viennese intellectuals, Hayek attended the University of Vienna, earning doctorates in and Hayek came to the University at age 19 just after World War I, when it was one of the three best places in the world to study economics the others being Stockholm and Cambridge. Like many students of economics then and since, Hayek chose the subject not for its own sake, but because he wanted to improve social conditions—the poverty of postwar Vienna serving as a daily reminder of such a need.