Our ignorance of the things that affect our well-being demonstrates the importance of freedom in enabling us to achieve our goals.
F. A. Hayek
F. A. Hayek, the 1974 Nobel Memorial Prize winner in Economic Sciences, was an economist and philosopher best known for his defense of classical liberalism and free-market capitalism against socialist and collectivist thought.
Hayek was one of the most prominent economists and philosophers supporting free-market economics and individualism; his work is often discussed today.
David Boaz writes about the life and thought of F. A. Hayek on the 116th anniversary of his birth. “He’s like Marx, only right.”
Friedrich Hayek discusses monetary policy, the gold standard, deficits, inflation, and John Maynard Keynes in this 1984 interview with James U. Blanchard III.
Professor Hayek discusses the evolution of morality and social norms, arguing that they result from unplanned, emergent orders.
Hayek lectures on the differences and similarities between the concept of evolution in biology and the concept of evolution in the social sciences.
“The market produces a spontaneous order in which the different, shifting ends of individuals are satisfied.”
Hayek discusses a range of topics from monetarism and inflation to his debates with his mentor, Ludwig von Mises.
Hayek discusses his book, “The Fatal Conceit,” the development of money, and Margaret Thatcher.
George H. Smith explores F. A. Hayek’s views on intellectuals, whom Hayek called professional secondhand dealers in ideas.
Smith explores Hayek’s views on intellectuals, whom Hayek called professional secondhand dealers in ideas.
Diaz tells the story of the life of Austrian economist Friedrich Hayek.
“In recalling [classical liberalism] from what had sometimes seemed an irrecoverable oblivion, Hayek’s work is a hopeful augury for an uncertain future.”
In this video, we provide an overview of Hayek’s life, his accomplishments, and the events that influenced his thinking.
We explore Hayek’s theory that living in a society involves two sets of interactions: those that occur among family and friends, and those that occur in the world.
In this video, we explore one of Hayek’s lifelong pursuits: understanding the difference between legislation and law.
In this video, we explore Hayek’s work on economic booms and busts, for which he was awarded a Nobel Prize in Economics in 1974.