When did August von Hayek obtain his PhD?
1905
1909
1914
1918
Answer
August von Hayek obtained his PhD in 1905 from the University of Vienna, where he studied under Friedrich von Wieser and Carl Menger. His dissertation, titled Theory of Money and Credit, was published in 1911. Hayek's work on monetary theory was influenced by the Austrian School of economics, which emphasizes the importance of subjective value and the role of entrepreneurship in the economy.
Unveiling the Genius: A Quiz on August von Hayek, the Austrian Renaissance in Medicine and Botany
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