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Friedrich Hayek
Austrian-British economist and philosopher (1899–1992)
Friedrich August von HayekCH FBA (HY-ək, German:[ˈfʁiːdʁɪçˈʔaʊɡʊstfɔnˈhaɪɛk]ⓘ; 8 May 1899 – 23 March 1992), often referred to by his initials F.
A. Hayek, was an Austrian-born British academic who contributed to political economy, political philosophy and intellectual history.[4][5][6][7] Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for work on money and economic fluctuations, and the interdependence of economic, social and institutional phenomena.[8] His account of how prices communicate information is widely regarded as an important contribution to economics that led to him receiving the prize.[9][10][11] He was a major contributor to the Austrian school of economics.[12][13]
During his teenage years, Hayek fought in World War I.
He later said this ex