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Friedrich Hayek: The ideas and influence of the libertarian economist by Eamonn Butler

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Introduction

What this book is about

This book is a straightforward guide to the ideas and influence of the Nobel economist Friedrich Hayek (1899–1992), regarded by many as the twentieth century’s most important thinker on social and economic freedom.

An Austrian who fled Nazi oppression, Hayek’s insights into the workings of the free society and free economy, and his critique of socialism that stemmed from them, helped shatter the postwar faith in economic planning, and were a significant influence on world leaders such as Ronald Reagan and Margaret Thatcher. His ideas continue to influence economists, political scientists, politicians and students across the world today.

Hayek received the 1974 Nobel Prize in Economic Sciences, largely ...

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