![[Translate to EN:] Friedrich August von Hayek](/fileadmin/content/hayek-stiftung-friedrich-august-von-hayek.jpg "Friedrich August von Hayek")
Our aim is to consolidate and promote the foundations of a liberal economic and social order in line with the ideals and principles of Friedrich August von Hayek at national and international level. This includes the promotion of individual freedom, a market economy and the rule of law.
A central element of the foundation's work is the biennial awards, which are presented to individuals and publications that stand out for their outstanding achievements and contributions to strengthening and promoting a free economic and social order.
With these awards and other activities and initiatives, the foundation makes an active contribution to the promotion and dissemination of the values and principles of a liberal order and is thus committed to a society based on individual freedom, economic responsibility and the rule of law.
“It is no great art to defend liberty for those who share it. It is a virtue to defend liberty even for those whom one despises.”
This quote expresses Hayek's strong commitment to individual freedom and tolerance. He emphasized that true freedom only exists when it applies to all people, regardless of their beliefs or actions, as long as these do not restrict the freedom of others. Hayek argued that the true sign of a free society is that it also protects those who hold opinions that are rejected or despised by the majority. This is a fundamental aspect of his political philosophy, which is based on respect for individual rights and the rejection of coercion.
The Board of Trustees of the Friedrich-August-von-Hayek-Stiftung consists of prominent personalities who support and monitor the strategic direction of the foundation. It advises the Board of Directors and helps to implement the foundation's long-term goals. The members of the Board of Trustees include renowned experts and executives who promote the legacy of Friedrich August von Hayek.
The Executive Board of the Friedrich-August-von-Hayek-Stifun is responsible for the operational management of the foundation. It implements the strategies and goals set by the Board of Trustees and ensures that the foundation's various projects and programs are carried out effectively. By working closely with the Board of Trustees, the Executive Board ensures that the foundation's mission and vision are consistently pursued.
Awards of the Friedrich-August-von-Hayek-Stiftung
Recognition of exceptional achievements for freedom and the market economy
Every other year, the foundation awards two prizes: the International Prize of the Friedrich-August-von-Hayek-Stiftung and the Publishing Prize of the Friedrich-August-von-Hayek-Stiftung. These prizes honor personalities who have made outstanding and exemplary contributions to the establishment, strengthening or promotion of a liberal economic and social order. The Foundation thus promotes the dissemination and consolidation of the principles of individual freedom and market economy, both at national and international level, in the spirit of Friedrich August von Hayek.