friedrich august von hayek Antonyms

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Meaning of friedrich august von hayek

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friedrich august von hayek (n)

English economist (born in Austria) noted for work on the optimum allocation of resources (1899-1992)

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English economist (born in Austria) noted for work on the optimum allocation of resources (1899-1992)

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Friedrich August von Hayek was an influential Austrian economist and philosopher.

Hayek argued that central planning is inherently inefficient and will lead to economic stagnation.

Hayek's ideas had a profound impact on the development of modern economic thought.

Hayek received the Nobel Memorial Prize in Economic Sciences in 1974 for his contributions to the theory of money and economic fluctuations.