Friedrich August von Hayek

Friedrich August von Hayek 1899-1992
"A society that does not recognize that each individual has values of his own which he is entitled to follow can have no respect for the dignity of the individual and cannot really know freedom." F. A. von Hayek.

Friedrich August von Hayek was an eminent Austrian born economist who won the 1974 Noble Memorial Prize in Economic Science. He was a prolific writer and his Collected Works are currently being published by the University of Chicago Press and Routledge, which take up nineteen volumes. He is regarded as a one of the leading economists of the twentieth century and his works continue to be influential in business-cycle theory, political and social philosophy, legal theory and comparative economic systems. He spent over seventy years promoting the superiority of capitalism over socialism and challenged the prevailing opinions of many other social scientists and intellectuals during his life. In retrospect, many refer to the twentieth ce...