From the Greek paideia, meaning "education" or "child-rearing" (from paidos meaning "child"), FreedomPedia aims to educate others, children or adults, about freedom (eleutheria, in case you were wondering) and a variety of freedom-related topics. The main goal is to document how the Voluntary Society has worked in the past, works in the present and will continue to work and generally benefit all its participants in the future. A secondary objective is to contrast how the Coerced Society fails to benefit but a few of its members.
Today's Featured Article
- F. A. Hayek:
Friedrich August von Hayek (1899-1992), often referred to as F. A. Hayek, was an Austrian-British economist, legal theorist 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 their work on money and economic fluctuations, and the interdependence of economic, social and institutional phenomena.[^1] His account of how changing prices communicate information that helps individuals coordinate their plans is widely regarded as an important achievement in economics, leading to his prize.