Friedrich August von Hayek

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Synonyms for Friedrich August von Hayek

English economist (born in Austria) noted for work on the optimum allocation of resources (1899-1992)


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The thought of Austrian-born US free-market economist and philosopher Friedrich August von Hayek (1899-1992) is addressed by scholars of economics and cognitive science.
Friedrich August von Hayek: Die Tradition der Freiheit.
Friedrich August von Hayek, a Nobel Prize winning economist, (1) became famous arguing against "central planning." (2) In addition to his work in economics, he wrote extensively on philosophy (3) and law.
In the cold war West of the 1960s the voices of Martin Luther King, Rachel Carson, Betty Friedan, and Daniel Cohn-Bendit were merged into the New Left program for a global humanist and pacifist agenda, while the New Right's heroes of the 1970s (Friedrich August von Hayek and Milton Friedman) and 1980s (Margaret Thatcher and Ronald Reagan) equated peace, freedom, and plenty with a unified and unfettered global market.
An exception to this rule is, however, Friedrich August von Hayek (1989-1992), a world-renowned economist of the Austrian school and defender of classical liberalism.
With respect to the work of Friedrich August von Hayek, this article points out the importance of the principle of equality of law for economic performance.
I call this the Hayekian argument, for Friedrich August von Hayek, one of the 20th century's great economists and philosophers.
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