F. A. Hayek (1899-1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economics in 1974, was a pioneer in monetary theory and a leading proponent of classical liberalism in the twentieth century. He taught at the University of London, the University of Chicago, and the University of Freiburg.
"A version of a recognized classic text that provides a full and
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powerful impact on the course of events and ideas in the twentieth
century. . . . The University of Chicago Press and Bruce Caldwell
have done an excellent job in dressing up this classic book for
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Criterion " "In my opinion it is a grand book. . . . Morally and
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agreement."
--John Maynard Keynes
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