Hayek: A Life, 1899–1950
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- Create Date：2022-11-20 08:16:34
- Update Date：2025-09-23
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- Author：Bruce Caldwell
- ISBN：0226816826
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Summary
The definitive account of the distinguished economist’s formative years。
Few twentieth-century figures have been lionized and vilified in such equal measure as Friedrich Hayek—economist， social theorist， leader of the Austrian school of economics， and champion of classical liberalism。 Hayek’s erudite arguments in support of individualism and the market economy have attracted a devout following， including many at the levers of power in business and government。 Critics， meanwhile， cast Hayek as the intellectual forefather of “neoliberalism” and of all the evils they associate with that pernicious doctrine。
In Hayek: A Life， historians of economics Bruce Caldwell and Hansjörg Klausinger draw on never-before-seen archival and family material to produce an authoritative account of the influential economist’s first five decades。 This includes portrayals of his early career in Vienna; his relationships in London and Cambridge; his family disputes; and definitive accounts of the creation of The Road to Serfdom and of the founding meeting of the Mont Pèlerin Society。
A landmark work of history and biography， Hayek: A Life is a major contribution both to our cultural accounting of a towering figure and to intellectual history itself。
Few twentieth-century figures have been lionized and vilified in such equal measure as Friedrich Hayek—economist， social theorist， leader of the Austrian school of economics， and champion of classical liberalism。 Hayek’s erudite arguments in support of individualism and the market economy have attracted a devout following， including many at the levers of power in business and government。 Critics， meanwhile， cast Hayek as the intellectual forefather of “neoliberalism” and of all the evils they associate with that pernicious doctrine。
In Hayek: A Life， historians of economics Bruce Caldwell and Hansjörg Klausinger draw on never-before-seen archival and family material to produce an authoritative account of the influential economist’s first five decades。 This includes portrayals of his early career in Vienna; his relationships in London and Cambridge; his family disputes; and definitive accounts of the creation of The Road to Serfdom and of the founding meeting of the Mont Pèlerin Society。
A landmark work of history and biography， Hayek: A Life is a major contribution both to our cultural accounting of a towering figure and to intellectual history itself。
Reviews
Zeb Kantrowitz
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Frederich Hayek was born in Austria in 1899 and educated at the University of Vienna where he was granted doctorates in both Law and Political Science。 He was best known for his work that reflected the interdependence of economic， social and institutional fluctuations。 From his writings was developed the Austrian School He suggested that private investment in public markets was a better road to wealth than government spending programs。He first went to teach at the London School of Economics wher Frederich Hayek was born in Austria in 1899 and educated at the University of Vienna where he was granted doctorates in both Law and Political Science。 He was best known for his work that reflected the interdependence of economic， social and institutional fluctuations。 From his writings was developed the Austrian School He suggested that private investment in public markets was a better road to wealth than government spending programs。He first went to teach at the London School of Economics where he taught men like John Kenneth Galbraith and John Maynard Keynes， while there he was a tutor to David Rockerfeller。 One of his two major works was while there "The Road to Serfdom"。 He was concerned that Fascism would hinder the ability of people to be individuals and lead to a stagnation of thought and liberalism。 He left for the University of Chicago before WW2， where he worked with Milton Friedman。At UofC he worked on his magnus opus "Law， Legislation and Liberty" which he wasn't to finish for almost twenty years。 Hayek believed that a limited democracy was better at protecting individual liberty but that "government loses the power to do what it thinks right if any group where the majority thinks otherwise"。 The lose of free speech and thought was an anathema。Both Margaret Thatcher and Ronald Reagan were admires because of Hayek's position that immigrants who refuse to assimilate cause problems of non-acculturation。 "Free choice is to be exercised more in the market place than the ballot box and is indispensable for individual freedom。" In the 60s he went back to Europe where he taught at University of Freiburg。 He was awarded the Nobel Prize in Economics in 1974，What I found most interesting about this book is the way that Caldwell was able to break down very intricate ideas about the effect of freedom of thought on on economics。 。。。more
Reference
google book https://www.google.com/search?tbm=bks&q=Hayek: A Life, 1899–1950
hathitrust digital library https://babel.hathitrust.org/cgi/ls?q1=Hayek: A Life, 1899–1950&field1=ocr&a=srchls&ft=ft&lmt=ft