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
Carl Menger.jpg
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.jpg
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 portrait.jpg
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 Richebacher.jpg
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.jpg
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.jpg
George Reisman 1937 Living American New York University
Pascal Salin 1939 Living French Paris Dauphine University
Henri Lepage 1941 Living French
Walter block-teaching.jpg
Walter Block 1941 Living American Columbia University
Robert Higgs-independent.jpg
Robert Higgs 1944 Living American Johns Hopkins University
Roger Garrison 1944 Living American University of Virginia
Mark Skousen 1947 Living American George Washington University
David Gordon by Gage Skidmore.jpg
David Gordon 1948 Living American UCLA
Hans-Hermann Hoppe 1949 Living German Goethe University Frankfurt
Joseph Salerno by Gage Skidmore.jpg
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
Larry Reed 1.jpg
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 2014 (cropped).jpg
Jesús Huerta de Soto 1956 Living Spanish Complutense University of Madrid
Donald Boudreaux.jpg
Donald J. Boudreaux 1958 Living American Auburn University
Mark Thornton.jpg
Mark Thornton 1960 Living American Auburn University
Peter Boettke 1960 Living American George Mason University
Dr. David Prychitko.jpg
David Prychitko 1962 Living American George Mason University
Peter Schiff by Gage Skidmore 3.jpg
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."
Steve Horwitz.JPG
Steven Horwitz 1964 2021 American George Mason University
Peter G Klein.jpg
Peter G. Klein 1966 Living American University of California, Berkeley
Guido Hulsmann by Gage Skidmore.jpg
Jörg Guido Hülsmann 1966 Living German Technical University of Berlin
Javier Milei-03.png
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".
Hedge Fund Manager Mark Spitznagel.jpg
Mark Spitznagel 1971 Living American New York University
Robert P. Murphy Head Shot 1.jpg
Robert P. Murphy 1976 Living American New York University
Chris Coyne (Economist).jpg
Christopher Coyne 1977 Living American George Mason University
Peter T. Leeson.jpg
Peter Leeson 1979 Living American George Mason University

Related lists


  1. ^ Thornton, Mark. "Who is Benjamin Anderson?" [1]
  2. ^ George H. Nash, The Conservative Intellectual Movement in America (1976) pp. 418–20.
  3. ^ Bank of Sweden (1974). "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1974".
  4. ^ Miller, David, ed. (1991). Blackwell Encyclopaedia of Political Thought. Blackwell Publishing. ISBN 0-631-17944-5.
  5. ^ Wendy McElroy. "Murray N. Rothbard: Mr. Libertarian". Lew Rockwell. July 6, 2000.
  6. ^ F. Eugene Heathe. Encyclopedia of Business Ethics and Society. SAGE. 2007. p. 89
  7. ^ Doherty, Brian (2008). "Rothbard, Murray (1926–1995)". In Hamowy, Ronald (ed.). The Encyclopedia of Libertarianism. Thousand Oaks, Calif.: Sage; Cato Institute. pp. 441–444. doi:10.4135/9781412965811.n271. ISBN 978-1-4129-6580-4. LCCN 2008009151. OCLC 750831024.

Further reading