Friedrich August von Hayek, CH (8 May 1899– 23 March 1992) was an Austrian-British economist and political philosopher. He became known because he strongly defended liberalism and free-market capitalism. He was against too much central control of the economy and society. He thought that forms of government like socialism were not good for the economy, and damaged freedom of the individual. Hayek's signature work, "The Road to Serfdom", refers to the consequences of socialism.