Friedrich Hayek, born into a noble family in Austria, lived a fascinating life. Educated in Austria, he moved to the London School of Economics in 1931. In 1950, he accepted a position at the University of Chicago on the Committee on Social Thought (after the free market economics department refused to extend an offer to the future Nobel Laureate). And then in 1962, he returned to Europe, first in Freiburg and then in Salzburg.
But in 1923, in the middle of the hyperinflation in Germany and Austria, Hayek travelled to New York City to work with a NYU economics professor. But when the professor left to write a book, Hayek was on his own and struggled for resources. Over at Austrian Information, they have excerpts from Hayek’s letters that he sent home during his stay in New York. They are fascinating, especially given their European cultural criticism of capitalist New York from this free market thinker. For example: