Friedrich Hayek was born on May 8th 1899 in Vienna, Austria. His father was a physician and botanists, and he grew up in a distinguished but modest family. In March of 1917, he enrolled in the army to fight in World War I. He returned to Vienna in November 1918, attending the University of Vienna as a law student. Hayek was also interested in economics and psychology, and he also studied them at Vienna. He received a doctorate in 1921 for law and another in 1923 for economics from the University of Vienna. At around 1922 Hayek began attending Privatseminar hosted by Ludwig von Mises.…