Hayek became a member of which group in 1984?
In 1984, he was appointed a member of the Order of the Companions of Honour by Queen Elizabeth II on the advice of Prime Minister Margaret Thatcher for his "services to the study of economics". He was the first recipient of the Hanns Martin Schleyer Prize in 1984. He also received the US Presidential Medal of Freedom in 1991 from President George H. W. Bush. In 2011, his article "The Use of Knowledge in Society" was selected as one of the top 20 articles published in The American Economic Review during its first 100 years.
Karl Marx published the Communist Manifesto in February 1848, with little attention. However, a few days later the French Revolution of 1848 broke out, which replaced the monarchy of Louis Philippe with the Second French Republic. In June 1848, Paris workers, disenchanted with the new government, built barricades and raised red flags. The new government called in the French Army to put down the uprising, the first of many such confrontations between the army and the new worker's movements in Europe.