What One Economist Knew

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May 8 marks the 117th anniversary of the birth of Friedrich Hayek, the most renowned member of the so-called Austrian School of economics, who won the Nobel Prize in 1974. Hayek was the “whole package,” as they say, writing the immensely popular book The Road to Serfdom while also writing technical works such as The Pure Theory of Capital. In honor of his birthdate it’s worthwhile to review some of Hayek’s major achievements, which are still relevant today.

Source: Articles: What One Economist Knew

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