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.
Image | Name | Year of birth | Year of death | Nationality | Alma mater (postgraduate) | Notes | ||
---|---|---|---|---|---|---|---|---|
data-sort-value="Menger" | 1840 | 1921 | Austrian | 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. | ||||
data-sort-value="Böhm-Bawerk" | 1851 | 1914 | Wrote the three volume magnum-opus Capital and Interest. | |||||
data-sort-value="Wieser" | 1851 | 1926 | 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. | |||||
data-sort-value="Fetter" | 1863 | 1949 | 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. | |||||
data-sort-value="Mises" | 1881 | 1973 | Austrian | 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. | ||||
data-sort-name="Anderson" | 1886 | 1949 | According to Mises, Anderson was "one of the outstanding characters in this age of the supremacy of time-servers."[1] | |||||
data-sort-value="Hazlitt" | 1894 | 1993 | 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] | |||||
data-sort-value="Nymeyer" | 1897 | 1981 | ||||||
data-sort-name="Hayek" | 1899 | 1992 | Austrian | 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] | ||||
data-sort-name="Hutt" | 1899 | 1988 | ||||||
data-sort-value="Haberler" | 1900 | 1995 | Austrian | |||||
data-sort-value="Machlup" | 1902 | 1983 | ||||||
data-sort-value="Rosenstein-Rodan" | 1902 | 1985 | ||||||
data-sort-name="Lachmann" | 1906 | 1990 | Lachmann's ideas continue to influence contemporary social science research. Many social scientific disciplines explicitly or implicitly build on "radical subjectivist" Austrian economics. | |||||
data-sort-value="Richebächer" | 1918 | 2007 | ||||||
data-sort-value="Sennholz" | 1922 | 2007 | ||||||
data-sort-value="Rothbard" | 1926 | 1995 | 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] | |||||
data-sort-name="Kirzner" | 1930 | Living | Kirzner's major work is in the economics of knowledge and entrepreneurship and the ethics of markets. | |||||
data-sort-value="Pasour" | 1932 | Living | ||||||
data-sort-name="Raico" | 1936 | 2016 | ||||||
data-sort-value="Reisman" | 1937 | Living | ||||||
data-sort-value="Salin" | 1939 | Living | ||||||
data-sort-value="Lepage" | 1941 | Living | ||||||
data-sort-value="Block" | 1941 | Living | ||||||
data-sort-value="Higgs" | 1944 | Living | ||||||
data-sort-value="Garrison" | 1944 | Living | ||||||
data-sort-value="Skousen" | 1947 | Living | ||||||
data-sort-value="Gordon" | 1948 | Living | ||||||
data-sort-value="Hoppe" | 1949 | Living | ||||||
data-sort-value="Salerno" | 1950 | Living | ||||||
data-sort-value="Holcombe" | 1950 | Living | ||||||
data-sort-value="Ebeling" | 1950 | Living | ||||||
data-sort-value="Lavoie" | 1951 | 2001 | ||||||
data-sort-name="Reed" | 1953 | Living | ||||||
data-sort-value="White" | 1954 | Living | ||||||
data-sort-value="Roberts" | 1954 | Living | ||||||
data-sort-value="de Soto" | 1956 | Living | ||||||
data-sort-value="Boudreaux" | 1958 | Living | ||||||
data-sort-value="Thornton" | 1960 | Living | ||||||
data-sort-value="Boettke" | 1960 | Living | ||||||
data-sort-value="Prychitko" | 1962 | Living | ||||||
data-sort-value="Schiff" | 1963 | Living | 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." | |||||
data-sort-value="Horwitz" | 1964 | 2021 | ||||||
data-sort-value="Klein" | 1966 | Living | ||||||
data-sort-value="Hülsmann" | 1966 | Living | ||||||
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. He became a Federal Deputy in 2021 and was elected as President of Argentina in 2023, running on the La Libertad Avanza ticket and beating Peronist economy minister Sergio Massa in a landslide, thereby becoming the first ever Libertarian head of state, anywhere in the world | |||
data-sort-value="Spitznagel" | 1971 | Living | ||||||
data-sort-value="Murphy" | 1976 | Living | ||||||
data-sort-value="Coyne" | 1977 | Living | ||||||
data-sort-value="Leeson" | 1979 | Living |