Journal of Libertarian Studies
Author:
Arthur M. Diamond, Jr.
Online Publish Date:
Long before receiving his Nobel Prize, Friedrich von Hayek was well respected in the academic community. John Maynard Keynes had glowing praise for Hayek’s 1944 The Road to Serfdom . Milton Friedman and Paul Samuelson, antagonists on many issues, agree that Hayek’s 1945 “The Use of Knowledge in Society” was a major contribution to