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Friedrich A. Hayek interviewed by John O'Sullivan in 1985. Friedrich August von Hayek (1899-1992), was an Austrian-born economist and philosopher known for his defence 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 for his "pioneering work in the theory of money and economic fluctuations and [his] penetrating analysis of the interdependence of economic, social and institutional phenomena." He also received the U.S. Presidential Medal of Freedom in 1991 from president George H. W. Bush. Hayek lived in Austria, Great Britain, the United States and Germany, and became a British subject in 1938. He spent most of his academic life at the LSE, the University of Chicago, and the University of Freiburg. (Source: Wikipedia) Biography of F.A. Hayek http://mises.org/about/3234 Selected online books and essays by F.A. Hayek: The Road to Serfdom http://www.atlasusa.org/reports/Road_to_Serfdom_condensed.pdf Intellectuals and Socialism http://mises.org/resources/1019 Individualism and Economic Order http://mises.org/resources/4015 Tiger by the Tail http://mises.org/resources/4098 A Free-Market Monetary System and Pretense of Knowledge http://mises.org/resources/3925 What Price a Planned Economy? http://mises.org/daily/4004 Engineers and Planners http://mises.org/daily/2782 A Free-Market Monetary System http://mises.org/daily/3204 The Pure Theory of Capital http://mises.org/resources/3032 Reflections on the Pure Theory of Money of Mr. J.M. Keynes http://mises.org/resources/3035 Road to Serfdom in Cartoons http://mises.org/resources/1003 The Mythology of Capital http://mises.org/resources/3034 Can We Still Avoid Inflation? http://mises.org/resources/2672 Choice in Currency http://mises.org/resources/3983 Denationalisation of Money: the Argument Refined http://mises.org/resources/3970 Economics and Knowledge http://mises.org/resources/88 Monetary Nationalism and International Stability http://mises.org/resources/570 Monetary Theory and the Trade Cycle http://mises.org/daily/3121 The Meaning of Competition http://mises.org/daily/4181 Prices and Production http://mises.org/resources/3665 Profits, Interest, and Investment http://mises.org/resources/4901 Investment that Raises the Demand for Capital http://mises.org/resources/3033 The Non Sequitur of the Dependence Effect http://mises.org/resources/1039 Substitute for Foreign Aid http://mises.org/daily/3596 Decline of the Rule of Law http://mises.org/daily/3610 Mises As We Knew Him http://mises.org/daily/3511 The Skillful Professor Rothbard http://mises.org/daily/1964 The Use of Knowledge in Society http://mises.org/resources/89 The Pretence of Knowledge http://mises.org/resources/1002 Related links: http://hayekcenter.org http://www.econlib.org/library/Enc/bios/Hayek.html http://www.iea.org.uk http://mises.org http://www.lewrockwell.com

friedrich f.a. august von hayek austrian keynesian economics school classical liberalism capitalism capitalist free market trade enterprise private property ownership production capital labor voluntary exchange freedom liberty libertarian ideology philosophy ludwig mises menger rothbard friedman marx socialism socialist communism marxism fascism collectivism totalitarianism government welfare state economic theory science praxeology monetary policy central planning banking intervention monopoly