Friedrich Hayek

Friedrich Hayek, also known as Friedrich August von Hayek, was born in Vienna on May 8, 1899, and died in Freiburg im Breisgau on March 23, 1992. He held citizenships in both Austria and the United Kingdom. Hayek was well educated, attending the University of Vienna and later New York University.

Hayek was a versatile scholar with various occupations, including economist, philosopher, historian, psychologist, political scientist, and lawyer. He was a founder of the Mont Pelerin Society and had Ludwig von Mises as his doctoral advisor. He also mentored several doctoral students, including David D. Friedman, Abba P. Lerner, Sho-Chieh Tsiang, and Marjorie Grice-Hutchinson. Hayek's father was August von Hayek.

Hayek was known for his work on the economic calculation problem, catallaxy, dispersed knowledge, price signal, spontaneous order, Austrian Business Cycle Theory, and the Hayek–Hebb model. He authored several notable works, such as The Road to Serfdom, The Constitution of Liberty, Law, Legislation and Liberty, and The Fatal Conceit.

Throughout his career, Hayek received prestigious awards like the Order of the Companions of Honour and the Presidential Medal of Freedom.