Friedrich A. von Hayek Biography
The Austrian-born British free market economist and social philosopher, Nobel Laureate Friedrich Auguste von Hayek () was one of the most distinguished social thinkers of the 20th century.
Friedrich A. von Hayek was born on May 8, , in Vienna into a modest family that could lay claim to a great academic tradition. He left school to enlist in World War I in March Shortly after returning from the Italian front in November he began to study law at the University of Vienna. Hayek obtained his Juris Doctor degree only three years later, but continued to study political science, receiving his second doctorate from the same university in
Hayek in helped found the "Geistkreis," a small circle of young social scientists in Vienna. More than half of its participants later became world-famous. In Hayek visited New York and worked part-time as a research assistant at New York University. Greatly stimulated
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Friedrich Augustus von Hayek (May 8, –March 23, ) was one of the twentieth century’s most important social thinkers. He wrote seminal works in economics, political philosophy, ethics, legal theory, and even psychology that continue to inform the academic conversation within the fields to this day. He is primarily remembered for his works of economic theory, for which he won the Nobel Prize, and as one of the great advocates for classical liberalism.
Hayek was born in Vienna into an aristocratic family. In , however, titles of nobility were abolished in Austria, and Hayek’s legal name changed from “Friedrich von Hayek” to “Friedrich Hayek.” He served in the Austro-Hungarian army during the First World War, during which he was wounded and decorated for bravery. After the war, Hayek decided to pursue an academic career, driven to explore the ways societies could avoid such destructive conflicts in the future.
He earned doctorates in law and political science from the University of Vienna in and , and he also studied economics, philosophy, and psychology. It was at the University of Vienna that he first encountered the works of Carl Menger, the founder of the Austrian school of ec
Friedrich August von Hayek (May 8, in Vienna – March 23, in Freiburg) was an Austrian economist and political philosopher, noted for his defense of liberal democracy and free-market capitalism against socialist and collectivist thought in the mid-twentieth century. Widely regarded as one of the most influential members of the Austrian School of economics, he also made significant contributions in the fields of jurisprudence and cognitive science. His analysis of socialist economics was proven prescient by the breakup of communistEastern Europe. He shared the Nobel Memorial Prize in Economics with ideological rival Gunnar Myrdal, and in he received the Presidential Medal of Freedom.
Biography
Friedrich August von Hayek was born on May 8, in Vienna, Austria to a Catholic family of prominent intellectuals. He was a distant cousin of the philosopherLudwig Wittgenstein. At the University of Vienna he earned doctorates in law and political science in and respectively, and also studied psychology and economics with keen interest. He was a student of Friedrich von Wieser. Initially sympathetic to socialism, Hayek's economic thinking was transformed during his student years
Major Works of Friedrich A. Hayek
- "The Monetary Policy of the United States After the Recovery from the Crisis", , ZfVS.
- "Friedrich von Wieser", , JfNS.
- "Intertemporal Price Equilibrium and Movements in the Value of Money", , WWA.
- Monetary Theory and the Trade Cycle , [mis]
- "Gibt es einen Widersinn des Sparens?", , ZfN [English trans. "The 'Paradox' of Saving", , Economica] [mis]
- Prices and Production , [mis]
- "Reflections on the Pure Theory of Money of Mr. J.M. Keynes", , Economica. [mis, pdf]
- "A Note on the Development of the Doctrine of Forced Saving", , QJE.
- "The Present State and Immediate Prospects of the Study of Industrial Fluctuations", , in Spiethoff festschrift.
- "The Trend of Economic Thinking", , Economica.
- "On Neutral Money", , ???
- "Carl Menger, ", , Economica.
- "Introduction - Carl Menger" in Carl Menger, , Principles of Economics, [mis]
- "The Maintenance of Capital", , Economica.
- "A Regulated Gold Standard", , The Economist [mis]
- "The Nature and History
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