Friedrich Hayek

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Friedrich August Von Hayek (1899-1992) was a Nobel Prize winning economist and one of the most prominent member of the Austrian School of Economics, a libertarian movement. Hayek emphasized our limited knowledge of the markets (and other subjects), and thus our need for the price mechanism to communicate essential information about supply and demand. His theories are that no centralized planner or government can manage the economy and that the free market is the most efficient known allocator of resources.

Contents

The Road To Serfdom

His most famous book is The Road To Serfdom (1944).

Hayek has been compared to the philosopher David Hume with respect to his insistence that we should be "sensible of our ignorance."

Bibliography

  • Birner, Hack, and Rudy van Zijp, eds., Hayek: Co-ordination and Evolution: His legacy in philosophy, politics, economics and the history of ideas (1994)
  • Brittan, Samuel "Hayek, Friedrich August (1899–1992)", Oxford Dictionary of National Biography, (2006) online
  • Caldwell, Bruce, 2005. Hayek's Challenge: An Intellectual Biography of F.A. Hayek.
  • Doherty, Brian. 2007. Radicals for Capitalism: A Freewheeling History of the Modern American Libertarian Movement
  • Ebenstein, Alan O., 2001. Friedrich Hayek: A Biography. excerpt and text search
  • Frowen, S. ed., (1997) Hayek: economist and social philosopher
  • Gamble, Andrew. (1996) The Iron Cage of Liberty, an analysis of Hayek's ideas
  • Gray, John, 1998. Hayek on Liberty.
  • Horwitz, Steven. "Friedrich Hayek, Austrian Economist." Journal of the History of Economic Thought 2005 27(1): 71-85. Issn: 1042-7716 Fulltext: in Swetswise, Ingenta and Ebsco
  • Kasper, Sherryl, 2002, The Revival of Laissez-Faire in American Macroeconomic Theory: A Case Study of Its Pioneers. Chpt. 4.
  • Kley, Roland, 1994. Hayek's Social and Political Thought. Oxford Univ. Press.
  • Samuelson, Richard A. "Reaction to the Road to Serfdom." Modern Age 1999 41(4): 309-317. Fulltext online
  • Vernon, Richard. "The 'Great Society' and the 'Open Society': Liberalism in Hayek and Popper." Canadian Journal of Political Science 1976 9(2): 261-276. Issn: 0008-4239 Fulltext: in Jstor

Primary sources

  • Hayek, Friedrich. Hayek on Hayek: an autobiographical dialogue, ed. S. Kresge and L. Wenar (1994)
  • Hayek, Friedrich. The collected works of F. A. Hayek, ed. W. W. Bartley and others (1988–)

See also

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