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Few 20th-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 this book, historians of economics Bruce Caldwell and Hansjorg Klausinger draw on never-before-seen archival and family material to produce an authoritative account of the influential economist's first five decades.

Economists --- Sociologists --- Hayek, Friedrich A. von