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This is a list of notable economists aligned with the Austrian School who are sometimes colloquially called "the Austrians". This designation applies even though few hold Austrian citizenship; moreover, not all economists from Austria subscribe to the ideas of the Austrian School.
Austrian economists
Image
Name
Year of birth
Year of death
Nationality
Alma mater (postgraduate)
Notes
File:CarlMenger.png
Carl Menger
1840
1921
Austrian
Jagiellonian University
Founder of the Austrian School of economics , famous for contributing to the development of the theory of marginal utility , which contested the cost-of-production theories of value, developed by the classical economists such as Adam Smith and David Ricardo .
Eugen von Böhm-Bawerk
1851
1914
Austro-Hungarian
University of Heidelberg University of Leipzig University of Jena
Wrote the three volume magnum-opus Capital and Interest .
Friedrich von Wieser
1851
1926
Austro-Hungarian
University of Vienna
Wieser held posts at the universities of Vienna and Prague until succeeding Menger in Vienna in 1903, where, with brother-in-law Eugen von Böhm-Bawerk , he shaped the next generation of Austrian economists including Ludwig von Mises , Friedrich Hayek and Joseph Schumpeter in the late 1890s and early 20th century.
Frank Fetter
1863
1949
American
University of Halle
Fetter's treatise, The Principles of Economics , contributed to an increased American interest in the Austrian School, including the theories of Eugen von Böhm-Bawerk , Friedrich von Wieser , Ludwig von Mises , and Friedrich Hayek .
Ludwig von Mises
1881
1973
Austrian
University of Vienna
He published his magnum opus Human Action in 1949. Mises had a significant influence on the Libertarian movement that developed in the United States in the mid-20th century.
Benjamin Anderson
1886
1949
American
Columbia University
According to Mises, Anderson was "one of the outstanding characters in this age of the supremacy of time-servers."[ 1]
Henry Hazlitt
1894
1993
American
American economist, philosopher, literary critic , and journalist for such publications as The Wall Street Journal , The Nation , The American Mercury , Newsweek , and The New York Times , and he has been recognized as a leading interpreter of economic issues from the perspective of American conservatism and libertarianism .[ 2]
Frederick Nymeyer
1897
1981
American
Friedrich Hayek
1899
1992
Austrian
University of Vienna
In 1974, Hayek shared the Nobel Memorial Prize in Economic Sciences for his "pioneering work in the theory of money and economic fluctuations and... penetrating analysis of the interdependence of economic, social and institutional phenomena."[ 3]
William Harold Hutt
1899
1988
British
Gottfried von Haberler
1900
1995
Austrian
Fritz Machlup
1902
1983
Austro-Hungarian
University of Vienna
Paul Rosenstein-Rodan
1902
1985
Polish
Ludwig Lachmann
1906
1990
German
University of Berlin
Lachmann's ideas continue to influence contemporary social science research. Many social scientific disciplines explicitly or implicitly build on "radical subjectivist" Austrian economics.
Kurt Richebächer
1918
2007
German
Hans Sennholz
1922
2007
German-American
New York University University of Cologne
Murray Rothbard
1926
1995
American
Columbia University
American author and economist of the Austrian School who helped define capitalist libertarianism and popularized a form of free-market anarchism he termed "anarcho-capitalism ."[ 4] [ 5] [ 6] Rothbard wrote over twenty books and is considered a centrally important figure in the American libertarian movement.[ 7]
Israel Kirzner
1930
Living
American
New York University
Kirzner's major work is in the economics of knowledge and entrepreneurship and the ethics of markets .
Ernest C. Pasour
1932
Living
American
Michigan State University
Ralph Raico
1936
2016
American
University of Chicago
George Reisman
1937
Living
American
New York University
Pascal Salin
1939
Living
French
Paris Dauphine University
Henri Lepage
1941
Living
French
Walter Block
1941
Living
American
Columbia University
Robert Higgs
1944
Living
American
Johns Hopkins University
File:RogerGarrison.jpg
Roger Garrison
1944
Living
American
University of Virginia
Marc Faber
1946
Living
Swiss
University of Zurich
Mark Skousen
1947
Living
American
George Washington University
David Gordon
1948
Living
American
UCLA
Hans-Hermann Hoppe
1949
Living
German
Goethe University Frankfurt
Joseph Salerno
1950
Living
American
Rutgers University
Randall G. Holcombe
1950
Living
American
Florida State University
Richard Ebeling
1950
Living
American
Middlesex University
Don Lavoie
1951
2001
American
New York University
Lawrence Reed
1953
Living
American
Slippery Rock University of Pennsylvania
Lawrence H. White
1954
Living
American
UCLA
Russell Roberts
1954
Living
American
University of Chicago
Jesús Huerta de Soto
1956
Living
Spanish
Complutense University of Madrid
Donald J. Boudreaux
1958
Living
American
Auburn University
File:Markthornton.gif
Mark Thornton
1960
Living
American
Auburn University
Peter Boettke
1960
Living
American
George Mason University
José Luís Espert
1961
Living
Argentinian
University of Buenos Aires
Economist who is known to be one of the strongest supporters of economic liberalism in Argentina and Latin America .
David Prychitko
1962
Living
American
George Mason University
Peter Schiff
1963
Living
American
University of California, Berkeley
Host of the Peter Schiff Show , and is credited for "more or less accurately" predicting the financial crisis of 2007–2010 while the "easiest criticism of macroeconomists is that nearly all failed to foresee the recession despite plenty of warning signs."
Steven Horwitz
1964
Living
American
George Mason University
Peter G. Klein
1966
Living
American
University of California, Berkeley
Jörg Guido Hülsmann
1966
Living
German
Technical University of Berlin
Javier Milei
1970
Living
Argentinian
Belgrano University
He became widely known for his regular TV appearances where he has been critical of Cristina Fernández de Kirchner , Mauricio Macri and Alberto Fernández administrations. Milei considers himself to be a "short-term minarchist ", although "philosophically an anarchocapitalist ".
Mark Spitznagel
1971
Living
American
New York University
Robert P. Murphy
1976
Living
American
New York University
Christopher Coyne
1977
Living
American
George Mason University
Peter Leeson
1979
Living
American
George Mason University
References
Further reading
External links
Influences Founders Other contributors See also