Happy 117th birthday, Hayek

posted by
May 9, 2016
Adam Smith Institute
by Dr. Eamonn Butler  
Posted in Commentary

"FA Hayek, the Anglo-Austrian Nobel economist and liberal thinker, was born yesterday in 1899. Hayek's economic works in the 1930s, researched with his mentor Ludwig von Mises, showed how boom and bust cycles arose from the inept government manipulation of credit; and he became the leading critic of collectivism, central planning and the expansionist interventionism of John Maynard Keynes (1883–1946), arguing that the latter would lead to inflation and economic dislocation." (05/09/16)


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