
Friedrich Hayek
Friedrich Hayek (1899-1992) was an influential Austrian-British economist and political philosopher known for his defense of classical liberalism and free-market capitalism. A prominent figure in the Austrian School of economics, Hayek argued against government intervention in the economy, famously presenting his views in works such as 'The Road to Serfdom.' He believed that economic freedom was essential for individual liberty and that government planning leads to tyranny. Hayek was awarded the Nobel Prize in Economic Sciences in 1974 for his pioneering work on the theory of money and economic fluctuations. His ideas have had a lasting impact on economic thought and policy, particularly in advocating for limited government and the dangers of collectivism.
Born on May 08, 1899 (125 years old)
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Countries Mentioned
Country | Mentions | Sentiment | Dominance | + Persistence | x Population | = Reach | x GDP (millions) | = Power |
---|---|---|---|---|---|---|---|---|
Nepal | 1 | 8.00 | 0.05% | +0% | 29,136,808 | 15,615 | $34,000 | 18$ |
Totals | 1 | 29,136,808 | 15,615 | $34,000 | 18$ |
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Each country's color is based on "Mentions" from the table above.
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Nepal:
British economist and theorist Friedrich Hayek emphasized the need to prioritize individual freedom and reduce government intervention.
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