Friedrich Hayek
Hayek's work on the microeconomics of the choice theoretics of investment, non-permanent goods, potential permanent resources, and economically-adapted permanent resources mark a central dividing point between his work in areas of macroeconomics and that of almost all other economists. Hayek's work on the macroeconomic subjects of central planning, trade cycle theory, the division of knowledge, and entrepreneurial adaptation especially, differ greatly from the opinions of macroeconomic "Marshallian" economists in the tradition of John Maynard Keynes and the microeconomic "Walrasian" economists in the tradition of Abba Lerner.
Friedrich Hayek
From 1962 until his retirement in 1968, he was a professor at the University of Freiburg, West Germany, where he began work on his next book, Law, Legislation and Liberty. Hayek regarded his years at Freiburg as "very fruitful". Following his retirement, Hayek spent a year as a visiting professor of philosophy at the University of California, Los Angeles, where he continued work on Law, Legislation and Liberty, teaching a graduate seminar by the same name and another on the philosophy of social science. Primary drafts of the book were completed by 1970, but Hayek chose to rework his drafts and finally brought the book to publication in three volumes in 1973, 1976 and 1979.
Suicide of Jason Altom
Jason Altom (6 October 1971 – 15 August 1998) was a Ph.D. student working in the research group of Nobel laureate Elias James Corey at Harvard University. He killed himself by taking potassium cyanide in 1998, citing in his suicide note "abusive research supervisors" as one reason for taking his life. Altom was studying a complex natural product and felt enormous pressure to finish the molecule before starting his academic career.
Friedrich Hayek
Hayek's principal investigations in economics concerned capital, money, and the business cycle. Mises had earlier applied the concept of marginal utility to the value of money in his Theory of Money and Credit (1912), in which he also proposed an explanation for "industrial fluctuations" based on the ideas of the old British Currency School and of Swedish economist Knut Wicksell. Hayek used this body of work as a starting point for his own interpretation of the business cycle, elaborating what later became known as the "Austrian Theory of the Business Cycle". Hayek spelled out the Austrian approach in more detail in his book, published in 1929, an English translation of which appeared in 1933 as Monetary Theory and the Trade Cycle. There he argued for a monetary approach to the origins of the cycle. In his Prices and Production (1931), Hayek argued that the business cycle resulted from the central bank's inflationary credit expansion and its transmission over time, leading to a capital misallocation caused by the artificially low interest rates. Hayek claimed that "the past instability of the market economy is the consequence of the exclusion of the most important regulator of the market mechanism, money, from itself being regulated by the market process".
Saturday Night Footy
In Australia, Saturday Night Footy (formerly as Saturday Night Football) is the broadcasting of Australian Football League (AFL) Saturday night matches on television. "Saturday Night Footy" is generally considered to be one of the biggest stages and generates publicity for the clubs involved. It is for this reason that clubs involved generally want to perform at their best to avoid large-scale criticism from the media. The Seven Network have the broadcast rights for the AFL starting from the 2012 season.
Friedrich Hayek
In 1978, Hayek came into conflict with the Liberal Party leader, David Steel, who claimed that liberty was possible only with "social justice and an equitable distribution of wealth and power, which in turn require a degree of active government intervention" and that the Conservative Party were more concerned with the connection between liberty and private enterprise than between liberty and democracy. Hayek claimed that a limited democracy might be better than other forms of limited government at protecting liberty but that an unlimited democracy was worse than other forms of unlimited government because "its government loses the power even to do what it thinks right if any group on which its majority depends thinks otherwise".
Friedrich Hayek
With regard to a safety net, Hayek advocated "some provision for those threatened by the extremes of indigence or starvation, be if only in the interest of those who require protection against acts of desperation on the part of the needy." As referenced in the section on "The economic calculation problem," Hayek wrote that "there is no reason why... the state should not help to organize a comprehensive system of social insurance." Summarizing on this topic, Wapshott writes "[Hayek] advocated mandatory universal health care and unemployment insurance, enforced, if not directly provided, by the state." Bernard Harcourt says that "Hayek was adamant about this." In the 1973 Law, Legislation, and Liberty, Hayek wrote:
Friedrich Hayek
Hayek had made contact with many at the U. of Chicago in the 1940s, with Hayek's The Road to Serfdom playing a seminal role in transforming how Milton Friedman and others understood how society works. Hayek conducted a number in influential faculty seminars while at the U. of Chicago, and a number of academics worked on research projects sympathetic to some of Hayek's own, such as Aaron Director, who was active in the Chicago School in helping to fund and establish what became the "Law and Society" program in the University of Chicago Law School. Hayek, Frank Knight, Friedman and George Stigler worked together in forming the Mont Pèlerin Society, an international forum for libertarian economists. Hayek and Friedman cooperated in support of the Intercollegiate Society of Individualists, later renamed the Intercollegiate Studies Institute, an American student organisation devoted to libertarian ideas.
Friedrich Hayek
During World War II, Hayek began the ‘Abuse of Reason’ project. His goal was to show how a number of then-popular doctrines and beliefs had a common origin in some fundamental misconceptions about the social science. In his philosophy of science, which has much in common with that of his good friend Karl Popper, Hayek was highly critical of what he termed scientism: a false understanding of the methods of science that has been mistakenly forced upon the social sciences, but that is contrary to the practices of genuine science. Usually, scientism involves combining the philosophers' ancient demand for demonstrative justification with the associationists' false view that all scientific explanations are simple two-variable linear relationships.
Friedrich Hayek
Friedrich Hayek CH (German: [ˈfʁiːdʁɪç ˈaʊ̯ɡʊst ˈhaɪ̯ɛk]; 8 May 1899 – 23 March 1992), 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. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for his "pioneering work in the theory of money and economic fluctuations and ... penetrating analysis of the interdependence of economic, social and institutional phenomena."
Iraq War
The Iraq War was a protracted armed conflict that began in 2003 with the invasion of Iraq by a United States - led coalition that overthrew the government of Saddam Hussein. The conflict continued for much of the next decade as an insurgency emerged to oppose the occupying forces and the post-invasion Iraqi government. An estimated 151,000 to 600,000 or more Iraqis were killed in the first 3 -- 4 years of conflict. The U.S. became re-involved in 2014 at the head of a new coalition; the insurgency and many dimensions of the civil armed conflict continue. The invasion occurred as part of a declared war against international terrorism and its sponsors under the administration of U.S. President George W. Bush following the September 11 terrorist attacks.
David Kristian
David Kristian has been involved in audio for media since the early 1980s, when he first started work as an animation and experimental filmmaker at a New-Brunswick, Canada TV station. Upon relocating to Montreal, Kristian decided to abandon film-making in order to focus on a music career, first as a solo artist, then as the keyboardist and synthesist for the group Psyche, with whom he recorded "The Influence" in Germany.
Great power
When World War II started in 1939, it divided the world into two alliances—the Allies (the United Kingdom and France at first in Europe, China in Asia since 1937, followed in 1941 by the Soviet Union, the United States); and the Axis powers consisting of Germany, Italy and Japan.[nb 1] During World War II, the United States, United Kingdom, and Soviet Union controlled Allied policy and emerged as the "Big Three". The Republic of China and the Big Three were referred as a "trusteeship of the powerful"  and were recognized as the Allied "Big Four" in Declaration by United Nations in 1942. These four countries were referred as the "Four Policemen" of the Allies and considered as the primary victors of World War II. The importance of France was acknowledged by their inclusion, along with the other four, in the group of countries allotted permanent seats in the United Nations Security Council.
Mali
Although Mali has enjoyed a reasonably good inter-ethnic relationships based on the long history of coexistence, some hereditary servitude and bondage relationship exist, as well as ethnic tension between settled Songhai and nomadic Tuaregs of the north. Due to a backlash against the northern population after independence, Mali is now in a situation where both groups complain about discrimination on the part of the other group. This conflict also plays a role in the continuing Northern Mali conflict where there is a tension between both Tuaregs and the Malian government, and the Tuaregs and radical Islamists who are trying to establish sharia law.
Friedrich Hayek
With the help of Mises, in the late 1920s Hayek founded and served as director of the Austrian Institute for Business Cycle Research, before joining the faculty of the London School of Economics (LSE) in 1931 at the behest of Lionel Robbins. Upon his arrival in London, Hayek was quickly recognised as one of the leading economic theorists in the world, and his development of the economics of processes in time and the co-ordination function of prices inspired the ground-breaking work of John Hicks, Abba Lerner, and many others in the development of modern microeconomics.
Friedrich Hayek
At the University of Vienna, Hayek earned doctorates in law and political science in 1921 and 1923 respectively; and he also studied philosophy, psychology, and economics. For a short time, when the University of Vienna closed, Hayek studied in Constantin von Monakow's Institute of Brain Anatomy, where Hayek spent much of his time staining brain cells. Hayek's time in Monakow's lab, and his deep interest in the work of Ernst Mach, inspired Hayek's first intellectual project, eventually published as The Sensory Order (1952). It located connective learning at the physical and neurological levels, rejecting the "sense data" associationism of the empiricists and logical positivists. Hayek presented his work to the private seminar he had created with Herbert Furth called the Geistkreis.
Friedrich Hayek
During Hayek's years at the University of Vienna, Carl Menger's work on the explanatory strategy of social science and Friedrich von Wieser's commanding presence in the classroom left a lasting influence on him. Upon the completion of his examinations, Hayek was hired by Ludwig von Mises on the recommendation of Wieser as a specialist for the Austrian government working on the legal and economic details of the Treaty of Saint Germain. Between 1923 and 1924 Hayek worked as a research assistant to Prof. Jeremiah Jenks of New York University, compiling macroeconomic data on the American economy and the operations of the US Federal Reserve.
Group (mathematics)
The convergence of these various sources into a uniform theory of groups started with Camille Jordan's Traité des substitutions et des équations algébriques (1870). Walther von Dyck (1882) introduced the idea of specifying a group by means of generators and relations, and was also the first to give an axiomatic definition of an "abstract group", in the terminology of the time. As of the 20th century, groups gained wide recognition by the pioneering work of Ferdinand Georg Frobenius and William Burnside, who worked on representation theory of finite groups, Richard Brauer's modular representation theory and Issai Schur's papers. The theory of Lie groups, and more generally locally compact groups was studied by Hermann Weyl, Élie Cartan and many others. Its algebraic counterpart, the theory of algebraic groups, was first shaped by Claude Chevalley (from the late 1930s) and later by the work of Armand Borel and Jacques Tits.
Friedrich Hayek
On his mother's side, Hayek was second cousin to the philosopher Ludwig Wittgenstein. His mother often played with Wittgenstein's sisters, and had known Ludwig well. As a result of their family relationship, Hayek became one of the first to read Wittgenstein's Tractatus Logico-Philosophicus when the book was published in its original German edition in 1921. Although Hayek met Wittgenstein on only a few occasions, Hayek said that Wittgenstein's philosophy and methods of analysis had a profound influence on his own life and thought. In his later years, Hayek recalled a discussion of philosophy with Wittgenstein, when both were officers during World War I. After Wittgenstein's death, Hayek had intended to write a biography of Wittgenstein and worked on collecting family materials; and he later assisted biographers of Wittgenstein.
Friedrich Hayek
Hayek's influence on the development of economics is widely acknowledged. Hayek is the second-most frequently cited economist (after Kenneth Arrow) in the Nobel lectures of the prize winners in economics, which is particularly striking since his own lecture was critical of the field of orthodox economics and neo-classical modelisation. A number of Nobel Laureates in economics, such as Vernon Smith and Herbert A. Simon, recognise Hayek as the greatest modern economist. Another Nobel winner, Paul Samuelson, believed that Hayek was worthy of his award but nevertheless claimed that "there were good historical reasons for fading memories of Hayek within the mainstream last half of the twentieth century economist fraternity. In 1931, Hayek's Prices and Production had enjoyed an ultra-short Byronic success. In retrospect hindsight tells us that its mumbo-jumbo about the period of production grossly misdiagnosed the macroeconomics of the 1927–1931 (and the 1931–2007) historical scene". Despite this comment, Samuelson spent the last 50 years of his life obsessed with the problems of capital theory identified by Hayek and Böhm-Bawerk, and Samuelson flatly judged Hayek to have been right and his own teacher, Joseph Schumpeter, to have been wrong on the central economic question of the 20th century, the feasibility of socialist economic planning in a production goods dominated economy.
How many groups were involved in the war when Hayek started working on Abuse of Reason?
When did Hayek start working on Abuse of Reason?
During World War II
How many groups were involved in conflict of #1 ?
two alliances