F.A. Hayek was awarded the Nobel Prize in Economics in 1974. He contributed, among other things, to the theory of prices, business cycle, and money, for which he won the prize. However, several critics call him a “non-economist” or a “repeater” of L. von Mises’s theories. He has long been in dispute with J. M. Keynes.
F. A. Hayek belonged to the so-called Austrian School of Economics. This school can be understood as a school of economic thought or a branch of libertarian ideology inspired by Austrian economists. Here is some recommended reading for further exploration