Friedrich Hayek

Friedrich August Hayek (8 May 1899 - 23 March 1992) -- born "Friedrich August von Hayek" -- was an Austrian-born economist and philosopher best known for his defense of classical liberalism and free-market capitalism against socialist and collectivist thought. He is considered to be one of the most important economists and political philosophers of the twentieth century.[1] Hayek's account of how changing prices communicate signals which enable individuals to coordinate their plans is widely regarded as an important achievement in economics.[2] Hayek also produced significant work in the fields of jurisprudence, neuroscience and the history of ideas. (Kilde: Wikipedia)