Friedrich Hayek





Friedrich Hayek

Author profile


born
in Vienna (formerly Austria-Hungary), Austria
May 08, 1899

died
March 23, 1992

gender
male

genre

influences
Wieser, Mises, Menger, Mach, Mandeville, Hume, Acton


About this author

Friedrich August von Hayek CH was an Austrian and British economist and philosopher known for his defense of classical liberalism and free-market capitalism against socialist and collectivist thought. He is considered by some to be one of the most important economists and political philosophers of the twentieth century. Hayek's account of how changing prices communicate signals which enable individuals to coordinate their plans is widely regarded as an important achievement in economics. Hayek also wrote on the topics of jurisprudence, neuroscience and the history of ideas.

Hayek is one of the most influential members of the Austrian School of economics, and in 1974 shared the Nobel Memorial Prize in Economics with Gunnar Myrdal "for their p...more


Average rating: 4.17 · 11,824 ratings · 755 reviews · 111 distinct works · Similar authors
The Road to Serfdom
4.16 of 5 stars 4.16 avg rating — 8,689 ratings — published 1944 — 73 editions
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The Constitution of Liberty
4.15 of 5 stars 4.15 avg rating — 948 ratings — published 1960 — 22 editions
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The Fatal Conceit: The Erro...
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Individualism and Economic ...
4.19 of 5 stars 4.19 avg rating — 310 ratings — published 1948 — 7 editions
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Law, Legislation and Libert...
4.25 of 5 stars 4.25 avg rating — 134 ratings — published 1973 — 3 editions
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Law, Legislation and Libert...
4.26 of 5 stars 4.26 avg rating — 80 ratings — published 1976 — 4 editions
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Law, Legislation and Libert...
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The Counter-Revolution Of S...
3.91 of 5 stars 3.91 avg rating — 56 ratings — published 1952 — 4 editions
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The Use of Knowledge in Soc...
4.53 of 5 stars 4.53 avg rating — 45 ratings — published 1945
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Capitalism and the Historians
3.88 of 5 stars 3.88 avg rating — 51 ratings — published 1954 — 4 editions
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More books by Friedrich Hayek…
“From the fact that people are very different it follows that, if we treat them equally, the result must be inequality in their actual position, and that the only way to place them in an equal position would be to treat them differently. Equality before the law and material equality are therefore not only different but are in conflict with each other; and we can achieve either one or the other, but not both at the same time”
Friedrich Hayek, The Constitution Of Liberty

“The argument for liberty is not an argument against organization, which is one of the most powerful tools human reason can employ, but an argument against all exclusive, privileged, monopolistic organization, against the use of coercion to prevent others from doing better.”
Friedrich Hayek

“It is true that the virtues which are less esteemed and practiced now--independence, self-reliance, and the willingness to bear risks, the readiness to back one's own conviction against a majority, and the willingness to voluntary cooperation with one's neighbors--are essentially those on which the of an individualist society rests. Collectivism has nothing to put in their place, and in so far as it already has destroyed then it has left a void filled by nothing but the demand for obedience and the compulsion of the individual to what is collectively decided to be good.”
Friedrich Hayek, The Road to Serfdom

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