Friedrich Hayek - Legacy and Honours

Legacy and Honours

Even after his death, Hayek's intellectual presence is noticeable, especially in the universities where he had taught: the London School of Economics, the University of Chicago, and the University of Freiburg. A number of tributes have resulted, many posthumous:

  • A student-run group at the LSE Hayek Society, was established in 1996 in his honor.
  • At Oxford University, the Oxford Libertarian Society was previously known as the Hayek Society.
  • The Cato Institute named its lower level auditorium after Hayek, who had been a Distinguished Senior Fellow at Cato during his later years.
  • Also, the auditorium of the school of economics in Universidad Francisco MarroquĂ­n in Guatemala is named after him.
  • The Hayek Fund for Scholars of the Institute for Humane Studies provides financial awards for academic career activities of graduate students and untenured faculty members.
  • The Ludwig von Mises Institute holds a lecture named after Hayek every year at its Austrian Scholars Conference and invites notable academics to speak about subjects relating to Hayek's contributions to the Austrian School.
  • George Mason University has an economics essay award named in honor of Hayek.
  • The Mont Pelerin Society has a quadrennial economics essay contest named in his honor.
  • Hayek was awarded honorary degrees from Rikkyo University, University of Vienna, and University of Salzburg.
  • Hayek has an investment portfolio named after him. The Hayek Fund invests in corporations who financially support free market public policy organizations

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Famous quotes containing the words legacy and/or honours:

    What is popularly called fame is nothing but an empty name and a legacy from paganism.
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    Vain men delight in telling what Honours have been done them, what great Company they have kept, and the like; by which they plainly confess, that these Honours were more than their Due, and such as their Friends would not believe if they had not been told: Whereas a Man truly proud, thinks the greatest Honours below his Merit, and consequently scorns to boast. I therefore deliver it as a Maxim that whoever desires the Character of a proud Man, ought to conceal his Vanity.
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