F. A. Hayek

Friedrich Hayek  (1899 – 1992) was an economist and philosopher, author of seminal works that changed intellectual history, who won the Nobel Memorial Prize in Economic Sciences for his pioneering work in the theory of money and economic fluctuations and penetrating analysis of the interdependence of economic, social and institutional phenomena. He taught in Vienna, London, and Chicago. 

Related Freeman Articles

Vintage

Hayek's Free Market Money

OCTOBER 10, 2014 by F. A. HAYEK

Handing to private industry the task of issuing money could remedy our monetary troubles.

Article

The Defense of Our Civilization Against Intellectual Error

Harmful Teachings Are Often Inspired by Very Noble Ideals

MARCH 01, 2004 by F. A. HAYEK

Article

The Case for Freedom

OCTOBER 01, 1960 by F. A. HAYEK

There can be little doubt that man owes some of his greatest suc­cesses in the past to the fact that he has not been able to control so­cial life.

Related Publications

Archive

The Pretense of Knowledge

DECEMBER 11, 1974 by F. A. HAYEK

Hayek's most compelling statement about the difference between data and knowledge.

CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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