Friedrich Hayek (1899-1992)
Friedrich Hayek (1899-1992) was a person.
- Counter-Example(s):
- See: Macro Economis, Anarcho-Capitalism.
References
2015
- (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/Friedrich_Hayek Retrieved:2015-2-26.
- Friedrich Hayek CH (8 May 1899 - 23 March 1992), born in Austria-Hungary as Friedrich August von Hayek and frequently referred to as F. A. Hayek, was an Austrian, later British, [1] economist [2] and philosopher best known for his defence of classical liberalism. Hayek shared the Nobel Memorial Prize in Economic Sciences (with Gunnar Myrdal) for his "pioneering work in the theory of money and economic fluctuations and … penetrating analysis of the interdependence of economic, social and institutional phenomena". Hayek was a major social theorist and political philosopher of the twentieth century, and his account of how changing prices communicate information which enables individuals to co-ordinate their plans is widely regarded as an important achievement in economics. Hayek served in World War I and said that his experience in the war and his desire to help avoid the mistakes that had led to the war led him to his career. 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 London School of Economics (LSE), the University of Chicago, and the University of Freiburg. In 1984, he was appointed a member of the Order of the Companions of Honour by Queen Elizabeth II on the advice of Prime Minister Margaret Thatcher for his "services to the study of economics". He was the first recipient of the Hanns Martin Schleyer Prize in 1984. [3] He also received the US Presidential Medal of Freedom in 1991 from President George H. W. Bush. In 2011, his article “The Use of Knowledge in Society” was selected as one of the top 20 articles published in The American Economic Review during its first 100 years.[4]
- ↑ Hayek's daughter-in Law, Esca Hayek, stated that he had "chosen to be British":
- ↑ Steven Pressman, Fifty major economists (2nd edition), Routledge, 2006, p. viii
- ↑ http://www.schleyer-stiftung.de/preise/hms_preis/preise_schleyer_preistraeger_e.html
- ↑ Arrow, Kenneth J., B. Douglas Bernheim, Martin S. Feldstein, Daniel L. McFadden, James M. Poterba, and Robert M. Solow. 2011. “100 Years of the American Economic Review: The Top 20 Articles." American Economic Review, 101(1): 1–8.
1979
- (Hayek, 1979) ⇒ Friedrich A. Hayek. (1979). “The Political Order of a Free People: Vol. 3 of Law, Legislation and Liberty." The University of Chicago. ISBN:9780226320908
12. Majority Opinion and Contemporary Democracy 13. The Division of Democratic Powers 14. The Public Sector and the Private Sector 15. Government Policy and the Market 16. The Miscarriage of the Democratic Ideal: A Recapitulation 17. A Model Constitution 18. The Containment of Power and the Dethronement of Politics
1976
- (Hayek, 1976) ⇒ Friedrich A. Hayek. (1976). “The Mirage of Social Justice: Vol. 2 of Law, Legislation and Liberty." The University of Chicago. ISBN:9780226320908
7. General Welfare and Particular Purposes
8. The Quest for Justice
9. 'Social' or Distributive Justice
QUOTE: … There is no reason why in a free society government should not assure to all, protection against severe deprivation in the form of an assured minimum income, or a floor below which nobody need descend. To enter into such an insurance against extreme misfortune may well be in the interest of all; or it may be felt to be a clear moral duty of all to assist, within the organised community, those who cannot help themselves. So long as such a uniform minimum income is provided outside the market to all those who, for any reason, are unable to earn in the market an adequate maintenance, this need not lead to a restriction of freedom, or conflict with the Rule of Law. The problems with which we are here concerned arise only when the remuneration for services rendered is determined by authority, and the impersonal mechanism of the market which guides the direction of individual efforts is thus suspended. … p.87 [1]
10. The Market Order or Catallaxy
11. The Discipline of Abstract Rules and the Emotions of the Tribal Society
1973
- (Hayek, 1973) ⇒ Friedrich A. Hayek. (1973). “Rules and Order: Vol. 1 of Law, Legislation and Liberty." The University of Chicago. ISBN:9780226320908
1. Reason and Evolution 2. Cosmos and Taxis 3. Principles and Expediency 4. The Changing Concept of Law 5. Nomos: The Law of Liberty 6. Thesis: The Law of Legislation
1952
- (Hayek, 1952) ⇒ Friedrich A. Hayek. (1952). “The Counter-revolution of Science: Studies on the Abuse of Reason, 1952.
1951
- (Hayek, 1951) ⇒ Friedrich A. Hayek. (1951). “The Transmission of the Ideals of Economic Freedom," 1951.
1948
- (Hayek, 1948) ⇒ Friedrich A. Hayek. (1948). “Individualism and Economic Order." University of chicago Press, 1948.
1945
- (Hayek, 1945) ⇒ Friedrich A. Hayek. (1945). “The Use of Knowledge in Society.” In: The American Economic Review.
- It focuses on Price Datas as a focal point of Macroeconomic Analysis.
1944
- (Hayek, 1944) ⇒ Friedrich A. Hayek. (1944). “The Road to Serfdom."