Hayek, Peart, Levy

Hayek, Peart and Levy

Early Life

Freidrich Von Alfred Hayek was a wee babe when he was born in the beautiful metropolis of Vienna, or Wiens in the native Austrian.

Hayek's legacy is both profound and multi-faceted. Today he is championed by the right as a protector of individual rights and free trade. Later on in his career he became a libertarian, strongly believing in the ideals of free trade, liberty, and individual freedoms. Most notably he was praised in the United States during 60s and 70s.
He did however write an essay called "Why I am Not a Conservative" which detailed his reasons. His primary reason was what he called "the conservative movement's inability to deal with change"
He is also praised by economists and historians, who recognize his work as radical for its era. His Road To Serfdom was penned during a time period when such conservative and basic ideas as free trade were highly unpopular. While during the 40s he was lambasted for this work, today he is praised as prescient and most importantly, correct.

Hayek played a critical role in questioning eugenics as central planning. (Pg. 122)

He defended consumer sogereignty from the ideas of Maurice Dobb and J.K. Galbraith. (Pg. 32)

He "vigorously" opposed central planning (when related to material things, setting prices and outputs of goods and services). (Pg. 105)