The Author

FRIEDRICH AUGUST HAYEK, Dr Jur, Dr Sc Pol (Vienna), DSc (Econ.) (London), Visiting Professor at the University of Salzburg, Austria, 1970-74. Educated at the University of Vienna, Director of the Austrian Institute for Economic Research, 1927-31, and Lecturer in Economics at the University of Vienna, 1929-31. 1931-50 Tooke Professor of Economic Science and Statistics, University of London. 1950-62 Professor of Social and Moral Science, University of Chicago. Professor of Economics, University of Freiburg i.Brg., West Germany, 1962-68. He was awarded the Alfred Nobel Memorial Prize in Economic Sciences in 1974.

Professor Hayek’s most important publications include Monetary Theory and the Trade Cycle (1933), The Pure Theory of Capital (1941), The Road to Serfdom (1944), Individualism and Economic Order (1948), The Counter-Revolution of Science. (1952), and The Constitution of Liberty (1960). His latest works are collections of his writings under the titles Studies in Philosophy, Politics and Economics (1967) and Law, Legislation and Liberty (Vol. I, 1973). He has also edited several books and has published articles in the Economic Journal, Economica and other journals. The IEA has published his The Confusion of Language in Political Thought (Occasional Paper 20, 1968), his Wincott Memorial Lecture, Economic Freedom and Representative Government (Occasional Paper 39, 1973), a collection of his writings with a new essay (assembled by Sudha Shenoy), A Tiger by the Tail (Hobart Paperback 4, 1972), an essay in Verdict on Rent Control (IEA Readings NO.7, 1972), and Full Employment at Any Price? (Occasional Paper 45, 1975).