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. COUNT 5
QSN1 Hayek became a member of which group in 1984? ANS1 Order of the Companions of Honour QSN2 For what reason was Hayek inducted into the order? ANS2 services to the study of economics QSN3 What award was Hayek the first to receive? ANS3 Hanns Martin Schleyer Prize QSN4 Who awarded Hayek the Medal of Freedom? ANS4 President George H. W. Bush QSN5 Which of Hayek's articles received recognition in 2011? ANS5 The Use of Knowledge in Society