Building on the work of his countryman Ludwig Von Mises, Hayek developed the Austrian Theory of the Business Cycle, one of the most comprehensive economic understandings of the market economy. It was during the inter-war period that Hayek’s ground-setting work began to take place. READ more about Hayek… (1899)įriedrich Hayek – fair use The Mises Institute Along with a distinguished academic career in which he held posts at the London School of Economics and the University of Chicago, Hayek published the book The Road to Serfdom, which has sold over 2.25 million copies and has been republished many times over the eight decades since its original publication. 124 years ago today, the Nobel Prize-winning economist Friedrich Hayek was born in the Austral-Hungarian Empire.
0 kommentar(er)
