Friedrich Hayek
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Friedrich August von Hayek CH (8 May 1899 – 23 March 1992), was an Austrian and British economist and philosopher, and a major critic of John Maynard Keynes. 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. This and other contributions have put Hayek at the top among a list of the most influential economists of the modern period. One of the great polymaths of the 20th century, Hayek also contributed to jurisprudence, neuroscience, philosophy and the history of ideas. In 1974 Hayek shared the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel with Gunnar Myrdal “for their pioneering work in the theory of money and economic fluctuations and for their 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. (CC Wikipedia)  More about Friedrich Hayek Loading...
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Tags: 20th Century, Austrian School
F.A. Hayek’s quotes read like manual to liberty and prosperity. It’s hard for me to see how a person who knows even a little about economics thinks Keynes had it right.