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Hayek, Friedrich August von
© Copyright Friedrich August Hayek, photo Hayek, Friedrich August (von), b. Vienna, May 8, 1899, d. Freiburg im Breisgau (Germany), March 23, 1992, political economist and social philosopher, Nobel prize for Economics in 1974 for his pioneering work on monetary and business cycle theory. In 1927 founded the Austrian Institute for Business Cycle Research (today Institute of Economic Research, Österreichisches Institut für Wirtschaftsforschung). 1931-1950 taught at the London School of Economics, then in Chicago, Freiburg and Salzburg (1970-1974). Founder and main proponent of modern liberalism. Severely criticised the system of planned economy. Publications: Der Weg zur Knechtschaft, 1945; Individualismus und wirt. Ordnung, 1952; Die Verfassung der Freiheit, 1960; Die Entnationalisierung des Geldes, 1977. - Edition: The Collected Works, 1988ff. Literature: F. Machlup, Essays on H., 1976; Festschrift F. A. H., 1978; E. Butler, H., his contribution to the political and economic thought of our time, 1983; E. and M. Streissler, F. A. v. H., 1993; H.-H. Franche (ed.), Ökonomischer Individualismus und freiheitliche Verfassung, 1995; S. F. Frowen (ed.), H.: economist and social philosopher, 1997; V. Vanberg (ed.), Freiheit, Wettbewerb und Wirtschaftsordnung, 1999; H. J. Hennecke, F. A. v. H. Die Tradition der Freiheit, 2000.
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