<human>:  Who was the founder of the Austrian School of Economics?
<bot>: The Austrian School of Economics was founded by Friedrich Hayek. Hayek was a British economist who worked at the London School of Economics and the University of Chicago. Hayek was one of the first economists to apply the ideas of Ludwig von Mises, a German economist, to economics. Hayek is best known for his book, The Road to Serfdom, which is a critique of socialism and the welfare state.