Introduce F.A. Hayek, a Nobel laureate, contemporary and critic of Keynes. What are his main critiques of Keynesian economics?
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Solution 1
Friedrich August von Hayek was an Austrian-British economist and philosopher who is 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 for Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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