From Publishers Weekly
Champion of a free-market economy as a prerequisite to a free society, Friedrich August von Hayek (1899-1992) fought a losing battle against the centralizing policies of John Maynard Keynes. Nevertheless, the Vienna-born libertarian economist and political philosopher, who moved to London in 1931 and taught at the University of Chicago from 1950 to 1962, saw some of his ideas vindicated by the collapse of communism. Hayek's tough-minded approach to welfare reform and his belief that private enterprises should be allowed to compete with government make his views timely. In this feisty self-portrait, splicing autobiographical sketches and selected interviews, the 1974 Nobel Prize winner settles scores with Keynes and Harold Laski, discusses his affinity for his adopted country, Britain, and delves into monetary policy. Kresge is general editor of Hayek's collected works; Wenar is a Ph.D. candidate at Harvard.
Copyright 1994 Reed Business Information, Inc.
From Library Journal
Economist, social and political theorist, and intellectual historian, Hayek has condemned state control of economies and societies throughout his 60-year career. Best known for his popular book, The Road to Serfdom (1945), which denounced central planning, Hayek was also a pioneer in monetary theory and a principal proponent of the libertarian philosophy. Ignored by many economists during the post- World War II era when Keynesianism was the dominant intellectual force, Hayek finally came into his own again in 1974 when he was awarded the Nobel Prize in economics. His life and views are depicted in a series of oral history interviews and in Hayek's own autobiographical notes. Recommended for large academic libraries.
Harry Frumerman, formerly with Hunter Coll., CUNYCopyright 1994 Reed Business Information, Inc.
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