Friedrich August von Hayek (1899-1992) was born in Austria. An eminent economist and political philosopher, he won the Nobel Prize in Economics in 1974.
'This book has become a true classic: essential reading for everyone who is seriously interested in politics in the broadest and least partisan sense.' - Milton Friedman 'This book should be read by everybody. It is no use saying that there are a great many people who are not interested in politics; the political issue discussed by Dr Hayek concerns every single member of the community.' - The Listener