Friedrich Hayek

Friedrich Hayek was an Austrian economist and philosopher of the Austrian school of economics, known for his contributions to political economy, political philosophy and intellectual history. He earned doctorates from the University of Vienna, became a British national in 1938, and taught at the London School of Economics, the University of Chicago and later at Salzburg and Freiburg. His most popular work, The Road to Serfdom (1944), has been republished many times, and his account of how prices communicate information led to his share of the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal. He rejected the label conservative, preferring classical liberal or libertarian.