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F.A. Hayek

Friedrich August Hayek (May 8, 1899 – March 23, 1992) was an Austro-Hungarian born economist and philosopher best known for his classical liberal apologetics. In 1974, Hayek was awarded the Nobel Memorial Prize in Economics along with Gunnar Myrdal, “for his pioneering work in the theory of money and economic fluctuations and for his penetrating analysis of the interdependence of economic, social and institutional phenomena.”

Fun Fact: Hayek served as an officer during WWI and then went on to choose economics because of his desire to improve social conditions, namely the poverty of postwar Vienna.

To learn more about economic freedom and other ideas that Hayek proposed, apply to one of our Summer Seminars!

 

Fear of the Boom and Bust - Keynes vs. Hayek Round 1

 

Fight of the Century - Keynes vs. Hayek Round 2

 

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The United States' corporate tax burden is the highest in the world, but innovators will always find a way to duck away from Uncle Sam's reach. Doug Bandow explains how those with the means are renouncing their citizenship in increasing numbers, while J. Dayne Girard describes the innovative use of freeports to shield wealth from the myriad taxes and duties imposed on it as it moves around the world. Of course the politicians brand all of these people unpatriotic, hoping you won't think too hard about the difference between the usual crony-capitalist suspects and the global creative elite that have done so much to improve our lives. In a special tech section, Joseph Diedrich, Thomas Bogle, and Matthew McCaffrey look at various ways these innovators add value to our lives--even in ways they probably never expected.
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