Quote of the day
What the insurance companies have done is to reverse the business so that the public at large insures the insurance companies.
Friedrich Hayek
Born: May 8, 1899
Died: March 23, 1992 (aged 92)
Bio: Friedrich Hayek, born in Austria-Hungary as Friedrich August von Hayek and frequently referred to as F. A. Hayek, was an Austrian and British economist and philosopher best known for his defense of classical liberalism.
Known for:
- The Road to Serfdom (1944)
- The Constitution of Liberty (1960)
- The Fatal Conceit (1988)
- The Counter-Revolution of Science (1952)
- Individualism and Economic Order (1948)
Most used words:
Friedrich Hayek Quotes