Friedrich August von Hayek

                             (1899 - 1992)

                       佛列阿吉斯希耶

             God helps those who work hard

       Biography                                              生平

     - Was born in Vienna                                - 出生於維也納

     - Was Director of the Austrian Institute   - 為奧地利經濟研究中心主管直至

         for Economic Research until 1931         1931年

     - Went to London school of Economics.   - 受聘於倫敦經濟大學 

     - Then joined the University of Chicago.  - 後轉至芝加哥大學

     - Later returned to Austra as a visiting     - 最後回奧地利為經濟學教授

        professor

     - awarded the Nobel Prize in 1974             - 於1974年獲諾貝爾獎

     - Was a passonate opponent to Socialism.- 極力反對社會主意

            Important work                                         重要作品

     - Much work is about the nature of free            - 大部份作品與自由市場及

        market and freedom.                                        自由有關

     - Was the intellectual backing for the                - 是自由市場信念的支持者

        free-market beliefs.

     - Developed trade-cycle theories                        - 發展貿易週期理論

        Shows how capital flows in economic cycles.   指出資本於經濟週期的方向   

     - Argued that money supply can affect               - 認為貨幣供應會影響就業

        employment and inflation.                                 及通脹

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