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Topic: Friedrich von Hayek


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In the News (Wed 3 Dec 08)

  
  FRIEDRICH A. HAYEK
Friedrich August von Hayek (1899-), a central figure in twentieth-century economics and foremost representative of the Austrian tradition, 1974 Nobel laureate in Economics, a prolific author not only in the field of economics but also in the fields of political philosophy, psychology, and epistemology, was born in Vienna, Austria on May 8, 1899.
Hayek soon came to be a vigorous participant in the debates that raged in England during the 1930s concerning monetary, capital, and business-cycle theories and was a major figure in the celebrated controversies with John Maynard Keynes, Piero Sraffa, and Frank H. Knight.
Hayek integrated his own developments in these fields into a cohesive account of a market process that tends towards intertemporal coordination and of central-bank policies that can interfere with that process in such a way as to cause artificial economic booms which are inevitably followed by economic busts.
www.auburn.edu /~garriro/e4hayek.htm   (5128 words)

  
 Hayek Discussions Abstracts at The Idea Channel   (Site not responding. Last check: 2007-10-13)
Friedrich von Hayek, Ph.D. Economics and Armen Alchian, Professor of Economics, UCLA (1978) discuss primarily Hayek's years as professor of economics at the London School of Economics and Political Science (LSE) from 1931 through 1949.
Friedrich von Hayek, Nobel Prize-winning Economist and Tom Hazlett, a graduate student in economics, engage in an engrossing discussion of economic thought and social philosophy.
Hayek explains why he proposes that the legislative power should be separated from the governance power in government, and gives his opinion of whether the U.S. should do away with the federal government altogether.
www.ideachannel.com /HayekDiscussionsAbstracts.htm   (3490 words)

  
 Friedrich A. Hayek
Hayek thus shared with Hume a profound conviction that we should be "sensible of our ignorance." Hayek also shared with Hume the conviction that the "foundation of the inference" to propositions of ethics or politics was not necessarily available to us.
Hayek's theory in that respect, however, reflected Karl Popper's view that propositions of ethics or politics can be tested with the same mechanism of falsification used by scientific method.
Hayek's personal and professional relationship with Popper, whom he helped in his career, was somewhat ironic considering that Hayek was a cousin of the philosopher Ludwig Wittgenstein (1889-1951), with whom Popper disagreed on almost every conceivable philosophical issue.
www.friesian.com /hayek.htm   (760 words)

  
 FRIEDRICH AUGUST VON HAYEK
At the L.S.E., Hayek was instrumental in furthering its then-novel "continental" bent and he was highly influential on his junior colleagues (such as Hicks) and students (which included Lerner and Kaldor).
In tackling the evolution of political, social, legal and economic institutions, Hayek is rightly conceived as one of the founding fathers of "evolutionary economics".
Hayek's efforts were nonetheless ignored in the Keynesian mainstream which then dominated economics.
cepa.newschool.edu /het/profiles/hayek.htm   (1653 words)

  
 Friedrich A. Hayek (1899-1992)   (Site not responding. Last check: 2007-10-13)
Friedrich A. Hayek, who died on March 23, 1992, at the age of 92, was probably the most prodigious classical liberal scholar of the 20th century.
Hayek was convinced that the essential point to convey to Keynes and the rest of the economics profession concerning monetary policy lay in capital theory.
Hayek's work in technical economics, political and legal philosophy, and methodology of the social sciences has attracted great interest among scholars of at least two generations, and interest in his work is growing.
www.libertyhaven.com /thinkers/friedrichvonhayek/friedrich.html   (2479 words)

  
 Biography of F. A. Hayek
Hayek thought a better course would be to produce a fuller elaboration of Böhm-Bawerk's capital theory, and he began to devote his energies to this project.
Hayek's writings were taught to new generations, and Hayek himself appeared at the early Institute for Humane Studies conferences in the mid-1970s.
Hayek's writings are not always easy to follow--he describes himself as "puzzler" or "muddler" rather than a "master of his subject"--and this may have contributed to the variety of interpretations his work has aroused.
www.mises.org /content/hayekbio.asp   (5804 words)

  
 Friedrich A. von Hayek: A Centenary Tribute   (Site not responding. Last check: 2007-10-13)
Hayek, in response, argued that the functionaries of a central-planning board could never succeed, because they could never create both the incentives and the flexibility for the people-on-the-spot to exercise what Scott calls metis.
Hayek was born in Vienna, Austria, on May 8, 1899, to August Edler von Hayek and Felicitas von Hayek.
Hayek was one of those few fortunate people who lived to see the tumultuous events that shook the socialist empire, and be vindicated.
www.angelfire.com /mi/libertyinstitute/hayek1.html   (2394 words)

  
 FRIEDRICH VON HAYEK: FASCISM DIDN'T DIE WITH HITLER
Friedrich von Hayek was born in Vienna in 1899.
Von Hayek rejected the idea that the individual was capable of creative scientific discovery, describing it as a fraudulent construct, demonstrating the ``collectivist prejudices'' which he claimed were inherent in all science.
Von Hayek argued in his Mandeville lecture that Mandeville's poem, ``The Fable of the Bees,'' was perhaps the greatest philosophical treatise ever composed.
members.tripod.com /~american_almanac/vonhayek.htm   (2677 words)

  
 Hayek
Friedrich von Hayek (1899-1992) lectured at LSE from 1931-50 as the University of London's Tooke Professor of Economic Science and Statistics.
Hayek had been influenced by Fabian socialism and the work of Sydney and Beatrice Webb when he was young, but his attention was soon absorbed by economic liberalism.
A renewed interest in Hayek's liberalism developed in the 1970s-80s, and his economics again came to the fore in the 1990s with the end of the Keynesian ascendancy and the realisation that Hayek's work offered insights into economic co-ordination yet to be exceeded.
www.lse.ac.uk /lsehistory/hayek.htm   (427 words)

  
 Friedrich August von Hayek [Virtual Economy]
Hayek, as you can guess from his name is Austrian and so is often considered as being a part of the 'Austrian school';.
Hayek was born in Vienna and from 1927 until 1931 was Director of the Austrian Institute for Economic Research.
Hayek returned to Austria as a Visiting Professor of Economics at the University of Salzburg in 1969.
www.bized.co.uk /virtual/economy/library/economists/hayek.htm   (210 words)

  
 Friedrich von Hayek - Liberal Thinkers - Liberalism
Friedrich August von Hayek´s role in the late 20th century collapse of socialism can be compared to the role Adam Smith played in 18th century enlightenment with respect to the creative power of freedom and the market economy.
Correspondingly, Hayek´s outstanding share in the global triumph of the idea and order of freedom made him enemy No. 1 of the socialists and other collectivists in all parties.
Today among Hayek´s most important theoretical contributions to social philosophy, complex processes of spontaneous order, or even neurobiology is his work on the information problem in the tradition of Ludwig von Mises, and on the use and limits of knowledge.
www.liberal-international.org /editorial.asp?ia_id=669   (181 words)

  
 Friedrich Hayek - Wikipedia, the free encyclopedia
Friedrich August von Hayek, CH (May 8, 1899 in Vienna – March 23, 1992 in Freiburg) was an Austrian-born British economist and political philosopher known for his defense of liberal democracy and free-market capitalism against socialist and collectivist thought in the mid-20th century.
Hayek's ever-growing influence led many economists to create various think tanks based on the Hayekian view and his prominence on the philosophical and political economics fronts have earned him renown as one of the best defenders of classical liberal economics.
Hayek used this body of work as a starting point for his own interpretation of the business cycle, which defended what later become known as the "Austrian business cycle theory".
en.wikipedia.org /wiki/Friedrich_Hayek   (2686 words)

  
 Friedrich August Hayek, Biography: The Concise Encyclopedia of Economics: Library of Economics and Liberty
Most of Hayek's work from the twenties through the thirties was in the Austrian theory of business cycles, capital theory, and monetary theory.
Hayek and Keynes were building their models of the world at the same time.
Hayek's thought, which he expressed as early as 1958, is now accepted by mainstream economists (see Phillips Curve).
www.econlib.org /library/Enc/bios/Hayek.html   (1803 words)

  
 Amazon.com: Road to Serfdom: Books: Friedrich A. Von Hayek,Hedy Shiman   (Site not responding. Last check: 2007-10-13)
Hayek's thesis was that central economic planning will inevitably lead to governmental control of every facet of its citizen's life, and hence toward a totalitarian state.
Hayek shows that the only difference is the degree of benevolence of those leading the two countries; he also shows that, once arbitrary power is handed over, it usually cannot be regained.
Hayek realizes that human nature is not perfect and is not perfectible, yet he has a genuine desire to make life better for all people.
www.amazon.com /Road-Serfdom-Friedrich-Von-Hayek/dp/0226320774   (2066 words)

  
 The Friedrich Hayek Quote Page
Hayek and the Economics of Dispersed and Imperfect Knowledge.
Hayek gave me a copy of a paper on 'intertemporal equilibrium', which he had written some years before his arrival in London; the conditions for a perfect foresight equilibrium were there set out in a very sophisticated manner." (John Hicks, Money, Interest and Wages, Cambridge: Harvard U. Press, 1982, pp.
the publication of Friedrich A. von Hayek's The Road to Serfdom in 1944 [is rightly seen] as the first shot in the intellectual battle that was to turn the tide in favor of conservatism [i.e.
www.hayekcenter.org /friedrichhayek/hayekquote.htm   (8652 words)

  
 Friedrich Hayek Summary
The Austrian-born British free market economist and social philosopher, Nobel Laureate Friedrich Auguste von Hayek (1899-1992) was one of the most distinguished social thinkers of the 20th century.
Friedrich A. von Hayek was born on May 8, 1899, in Vienn...
Friedrich August von Hayek(May 8, 1899 in Vienna – March 23, 1992 in Freiburg) was an Austrian economist and political philosopher, noted for his defense of liberal democracy and free-market capitalism against socialist and collectivist thought in...
www.bookrags.com /Friedrich_Hayek   (189 words)

  
 Friedrich von Hayek, Peter Stein, Keynes,
För Hayek avslöjade nedgången att centralbanker pumpat in för mycket likviditet vilket genererat ökade investeringar.
It was the first book written by Hayek I came across, and it has left a deep and lasting influence on me. Only eleven years after the Hitler regime and the war I suddenly started to understand the interdependence between totalitarianism and economic policy.
He opens with the influences on Hayek: Carl Menger, the founder of the Austrian school of economics, and Ludwig von Mises, Hayek's mentor, who questioned the value of abstract model-making and urged economists to focus instead on how market decision-takers—which means all of us—really think and act.
www.internetional.se /hayekom1925ochkeynes.htm   (2714 words)

  
 Friedrich A. von Hayek
Hayek long ago pointed out that 'market socialism' among state enterprises might provide a few mechanical rules such as 'Invest where the expected return exceeds a market rate of interest plus a risk premium'.
Hayek believed that enterprises are gambles which sometimes fail: a future comes to pass in which certain investments should not have been made.
And that Hayek was a great man, but that his contributions to economics and moral philosophy were not in the area of business cycle analysis.
www.j-bradford-delong.net /Economists/hayek.html   (2933 words)

  
 Friedrich Hayek Tribute Page
m Hayek's inaugural address upon becoming a professor at the London School of Economics in 1931 he declared that it was "almost inevitable" that any "warmhearted person, as soon as he becomes conscious of the existing misery, should become a socialist." But economic study would bring that person to a more conservative point of view.
Hayek fully understood the role LIMITED government and The Rule of Law must play in any civilized society.
All information on this and referred pages should be distributed widely (with appropriate references to sources) to spread Hayek's principles to as many people as possible and move our countries toward more ideal conditions for all people.
hayekpage.tripod.com   (888 words)

  
 Friedrich Hayek   (Site not responding. Last check: 2007-10-13)
Out of this meeting came the series of interviews with von Hayek that we developed in partnership with Clay La Force and Armen Alchian at UCLA.
In November of 1978, while Hayek was a visiting scholar at the Hoover Institution, we taped the series of interviews.
Remembering Hayek's interest in wine, I suggested he and his wife join me for a day tour of the Napa Valley Vineyards.
www.ideachannel.com /hayek.htm   (567 words)

  
 Friedrich August von Hayek (1899-1992)   (Site not responding. Last check: 2007-10-13)
Now, at his death almost two decades later, Hayek is not only associated with the successful repudiation of Keynes' theories, but also with the solutions to the wider social and constitutional crises that are corollaries to Keynes' economic model.
Hayek was won over from the general social democratic thinking of his university years by reading Ludwig von Mises' Socialism (1922).
Expanding his horizons from his purely economic foundations, Hayek built on the science of economics, and was able with sure footing to explore much wider areas, especially political, legal, and constitutional philosophy.
www.acton.org /publicat/randl/liberal.php?id=45   (461 words)

  
 Presidential Medal of Freedom Recipient Prof. Friedrich August Von Hayek
Friedrich August von Hayek has done more than any thinker of our age to explore the promise and contours of liberty.
He grew up in the shadow of Hitler's tyranny and devoted himself at an early age to the nurture of institutions that preserve and expand freedom, the lifeblood of a full life.
Barbara and I are saddened by the death of Friedrich August von Hayek.
www.medaloffreedom.com /FriedrichAugustVonHayek.htm   (470 words)

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