Bauer was born in [[Budapest]], [[Hungary]], and moved to [[England]] in 1934 to study economics at [[Cambridge University]]. After a short spell working in the commercial sector, he joined the teaching staff of the [[London School of Economics]], retiring as Professor of Economics in 1983, when he was elevated to the [[House of Lords]] as a [[life peer]]. In 2002 Peter Bauer was the first recipient of the Milton Friedman Prize for Advancing Freedom, awarded by the [[CATO Institute]]. | Bauer was born in [[Budapest]], [[Hungary]], and moved to [[England]] in 1934 to study economics at [[Cambridge University]]. After a short spell working in the commercial sector, he joined the teaching staff of the [[London School of Economics]], retiring as Professor of Economics in 1983, when he was elevated to the [[House of Lords]] as a [[life peer]]. In 2002 Peter Bauer was the first recipient of the Milton Friedman Prize for Advancing Freedom, awarded by the [[CATO Institute]]. |