Wieser was a Fabian socialist whose approach was more attractive to Hayek at the time, and Hayek became his pupil. When Hayek attended the University of Vienna, he sat in on one of Mises’ classes, but found Mises’ anti-socialist position too strong for his liking. During the early years of the 20th century the theories of the Austrian School of Economics, sparked by Menger’s Principles of Economics (1871), were gradually being formulated and refined by Eugen von Boehm-Bawerk, his brother-in-law, Friedrich Wieser, and Ludwig von Mises. He earned doctorates from the University of Vienna (19).
Hayek was born into a family of intellectuals in Vienna on May 8, 1899. It is unlikely that we will see the likes of such a wide-ranging scholar of the human sciences again. He made major contributions to our understanding in at least three different areas-government intervention, economic calculation under socialism, and development of the social structure. Hayek was no mere dabbler he was an accomplished scholar in each of these fields of inquiry. He published 130 articles and 25 books on topics ranging from technical economics to theoretical psychology, from political philosophy to legal anthropology, and from the philosophy of science to the history of ideas. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics. Hayek, who died on March 23, 1992, at the age of 92, was probably the most prodigious classical liberal scholar of the 20th century.
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