Friedrich A. Hayek

Hayek, Friedrich August von

Friedrich August von Hayek (frē´drĬkh ougŏŏst´ fôn hī´ək), 1899–1992, British economist, b. Vienna. He was raised and educated in Austria and taught at the London School of Economics in the 1930s, where he gained attention for his criticism of Keynes. He expressed his commitment to free markets and his concern about government intervention and aversion to its control of the means of production in The Road to Serfdom (1944). The economic policies of British Prime Minister Margaret Thatcher were significantly influenced by his ideas, and his economic philosophy also helped to foster the global capitalism of the late 20th and early 21st cents. In his later years Hayek wrote works that focused on the fields of philosophy, psychology, and epistemology, including as The Counter-Revolution of Science: Studies in the Abuse of Reason (1952). He was awarded the Nobel Memorial Prize in Economic Sciences in 1974.

See his collected works, ed. by W. W. Bartley 3d et al. (17 vol., 1989–); N. Wapshott, Keynes Hayek (2011).

The Columbia Encyclopedia, 6th ed. Copyright© 2018, The Columbia University Press.

Friedrich A. Hayek: Selected full-text books and articles

Hayek's Social and Political Thought By Roland Kley Clarendon Press, 1994
The Libertarian Reader By Tibor R. Machan Rowman & Littlefield, 1982
Librarian's tip: "F. A. Hayek: The Use of Knowledge in Society" begins on p. 67
The Political Classics: Green to Dworkin By Murray Forsyth; Maurice Keens-Soper Oxford University Press, 1996
Librarian's tip: Chap. 8 "Friedrich August von Hayek: The Constitution of Liberty"
The Present as History: Essays and Reviews on Capitalism and Socialism By Paul M. Sweezy Monthly Review Press, 1953 (2nd edition)
Librarian's tip: Chap. 25 "Hayek's Road to Serfdom"
The Development of Economic Thought: Great Economists in Perspective By Henry William Spiegel John Wiley & Sons, 1952
Librarian's tip: "Hayek on Menger" begins on p. 226 and "Hayek on Wieser" begins on p. 254
Business Fluctuations, Growth, and Economic Stabilization: A Reader By John J. Clark; Morris Cohen Random House, 1963
Librarian's tip: Chap. 24 "Price Expectations, Monetary Disturbances and Maladjustments" by Frederick A. Hayek"
Hayek's Monetary Theory and Policy: A Critical Reconstruction By White, Lawrence H Journal of Money, Credit & Banking, Vol. 31, No. 1, February 1999
Peer-reviewed publications on Questia are publications containing articles which were subject to evaluation for accuracy and substance by professional peers of the article's author(s).
Looking for a topic idea? Use Questia's Topic Generator
Search by... Author
Show... All Results Primary Sources Peer-reviewed


An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.