20th century Quote by Douglass North

Friedrich Hayek, who died on March 23, 1992 at age 92, was arguably the greatest social scientist of the twentieth century. By the time…

— Julian Simon

Hayek became in his later years the dominant intellectual influence of the last quarter of the twentieth century.

— Robert Skidelsky, Baron Skidelsky

Hayek, in my view, is the leading economic thinker of the 20th century.

— Vernon L. Smith

If the central contest of the twentieth century has pitted capitalism against socialism, then F. A. Hayek has been its central figure. He helped…

— Kenneth Minogue

When I reviewed Hayek's book, The Pure Theory of Capital, it is my sincere conviction that this work contains some of the most penetrating…

— Fritz Machlup

F. A. Hayek is probably the most prominent advocate of capitalism in the present period.

— Peter L. Berger

[I]f one asks what substantive contributions [F. A. Hayek] made to our understanding of how the world works, one is left at something of…

— Paul Krugman

“But Hayek is also one of the handful of social scientists who (along with his teacher Ludwig von Mises) demonstrated more than sixty years…

— David Horowitz

“We have had no polemic interest in writing this book. It would be foolish to deny, however, that our enthusiasm for the present state…

— Peter L. Berger

. . I think the Adam Smith role was played in this cycle i.e. the late twentieth century collapse of socialism in which the…

— Milton Friedman

.. the most intelligent defender of capitalism in the modern period is Friedrich Hayek.

— Irving Kristol

As a result of the efforts of Hayek .. and the many others who share his general outlook, the idea of a centrally planned…

— Irving Kristol