
- 1.Friedrich Hayek - Wikipedia
- Profile of the Austrian economist and political philosopher, noted for his defense of liberal democracy and free-market capitalism against socialist and ...
- http://en.wikipedia.org/wiki/F
reidrich_Hayek
- 2.Friedrich Hayek - Wikipedia, the free encyclopedia
- Samuel Brittan, 'Hayek, Friedrich August (1899–1992)', Oxford Dictionary of ... Friedrich von Hayek, Leader and Master of Liberalism Renée Sallas, "El Mercurio" ...
- http://en.wikipedia.org/wiki/V
on_Hayek
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What's the religious beliefs What religion did economist
and philosopher Friedrich
Hayek believe in?
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According to Alan Ebenstein, Hayek's biographer: "Hayek was born a Roman Catholic, but his parents were not religious. His father was a botanist and Darwinian in his philosophical perspective. His grandfather also had similar views. Hayek comments in interviews that he was raised in an essentially unreligious atmosphere, although he was formally Roman Catholic. He considered himself to be an agnostic throughout life, from the age of a young teenager. It's something that he said in a later interview that he rarely discussed religion -- this is almost an exact quote -- he rarely discussed religion because it was something that was bound to be controversial and he didn't want to upset people unnecessarily. That wasn't his focus. He simply said he didn't have the "ear" for religion." http://www.cato.org/events/tra nscripts/010508et.pdf |
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What economic school of - can you also give me an
overview or details regarding
this economic school.
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Yes, he's from the Austrian school, along with Von Mises, Rothbard, and others who believe in individual freedom and accountability. The base premise is that the only valid (moral) purpose of government is to prevent the use of force by one against another, and to prevent fraud. The rest is up to the people, who will do their best to please others, thus becoming better-off themselves, and raising the standard of living for all. It's more than "laissez-faire," though Austrians generally see the smallest government as the most-efficient way to the peoples' wealth. |
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When and where did Friedrich |
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Friedrich Hayek is considered by some as the greatest economic thinker of the 20th century. Hayek was a noted member of the Austrian School of Economics (along with Ludwig von Mises and Murray Rothbard) that strongly advocated the efficiency of free market mechanisms to achieve optimal resource allocation in a society. Hayek's signature contribution to economic theory was his definitive debunking of the popular myth central planning could achieve as or more efficient outcomes in resource allocation than the price system. In one of the finest exercises in logic perhaps ever undertaken, Hayek showed systematically why a central planner could never possess all the intimate knowledge necessary to achieve cost effectiveness in every type of transaction that takes place in an economy. Hayek then showed how the price system achieves this astonishing level of efficiency without any coordinated effort on the part of its participants. The essay where he outlines this argument "The Use of Knowledge in a Society" is a classic treatise and a must read by any student of economics. Friedrich Hayek was one of the finest thinkers in human history and a truly great man. |
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