Hayek, Friedrich A von (1899–1992)

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F. A. von Hayek is regarded generally as the most influential intellectual figure in the twentieth-century revival of classical liberalism and as the most articulate critic of socialist doctrines. He also deserves recognition as one of the preeminent social philosophers of that century. In an age of increasing specialization within the social sciences and the humanities he developed an approach to social analysis and social reform that integrates insights from economics, law, politics, philosophy, psychology, and evolutionary theory into an impressively coherent outlook at the foundations and the evolution of social order. His theoretical outlook at spontaneous social order and cultural evolution, at the market price mechanism as a system of communication, and at competition as discovery procedure, are significant contributions to modern social thought. Hayek began his academic career at the University of Vienna and, thereafter, taught at the London School of Economics, the University of Chicago, the University of Freiburg in Germany, and the University of Salzburg in Austria. In 1974 he was awarded the Nobel Prize in Economics. His scholarly writings span more than six decades and include numerous books and articles, republished in a 19-volume edition of his collected works.

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