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F. A. Hayek, Austrian economist, social philosopher, and champion of liberty, was born on this day in 1899. Read Pete Boettke’s 1992 appreciation of Hayek and Mario Rizzo’s tribute. The Concise Encyclopedia of Economics biographical entry is here.

Sheldon Richman

Sheldon Richman is the former editor of The Freeman and TheFreemanOnline.org, and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families.