Friedrich Hayek

Friedrich Hayek Friedrich August von Hayek was born in Vienna on 8 May 1899 and died in Freiburg im Breisgau on 23 March 1992. He earned doctorates in law (1921) and political science (1923) at the University of Vienna and was formed in the Austrian School of economics under the influence of Carl Menger and Ludwig von Mises. From 1931 he taught at the London School of Economics, where he debated John Maynard Keynes on business cycles and monetary policy; after the war he moved through Chicago (Committee on Social Thought, from 1950), Freiburg, and Salzburg. In 1947 he took part in founding the Mont Pelerin Society. In 1974 he received the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, shared with Gunnar Myrdal, for pioneering work on the theory of money and economic fluctuations and for analysis of the interdependence of economic, social, and institutional phenomena. ...

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