FAQ About Friedrich Hayek

Friedrich Hayek was an influential economist and philosopher known for his defense of classical liberalism and free-market capitalism. He was born on May 8, 1899, in Vienna, Austria, and became a key figure in 20th-century economic and political thought. Hayek was awarded the Nobel Prize in Economic Sciences in 1974 for his work on economic fluctuations and the interdependence of economic and social institutions.