Historical Figure
Friedrich Hayek
1899–1992
Austrian economist and philosopher (1899–1992)
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"On Arbitrary Wealth Redistribution (Firing Line)" — c. 1977
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Key Dates
Birth
1899 May 8, 1899 →Death
1992 March 23, 1992 →Biography
Friedrich August von Hayek was an Austrian economist and philosopher. He is known for his contributions to political economy, political philosophy and intellectual history. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for work on money and economic fluctuations, and the interdependence of economic, social and institutional phenomena. His account of how prices communicate information is widely regarded as an important contribution to economics that led to him receiving the prize. He was a major contributor to the Austrian school of economics.
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