List of Austrian-school economists

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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.

Contents

Austrian economists

ImageNameYear of birthYear of deathNationalityAlma mater
(postgraduate)
Notes
Carl Menger.jpg Carl Menger 18401921 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.
1Bawerk.png Eugen von Böhm-Bawerk 18511914 Austro-Hungarian University of Heidelberg
University of Leipzig
University of Jena
Wrote the three volume magnum-opus Capital and Interest .
1wieser.jpg Friedrich von Wieser 18511926 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.
Fetter.jpg Frank Fetter 18631949 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 18811973 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.
Joseph Schumpeter 18831950Austrian University of Vienna Schumpeter was one of the most influential economists of the early 20th century, and popularized creative destruction, a term coined by Werner Sombart. His magnum opus is considered Capitalism, Socialism and Democracy.
Benjamin Anderson 18861949 American Columbia University According to Mises, Anderson was "one of the outstanding characters in this age of the supremacy of time-servers." [1]
Hazlitt-photo.jpg
Henry Hazlitt 18941993 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 18971981 American
Friedrich Hayek portrait.jpg Friedrich Hayek 18991992 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 18991988 British
Gottfried von Haberler 19001995 Austrian
Fritz Machlup 19021983 Austro-Hungarian University of Vienna
Paul Rosenstein-Rodan 19021985 Polish
Ludwig Lachmann 19061990 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 19182007 German
Hans Sennholz 19222007 German-American New York University
University of Cologne
MurrayBW.jpg Murray Rothbard 19261995 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 1930Living American New York University Kirzner's major work is in the economics of knowledge and entrepreneurship and the ethics of markets.
Ernest C. Pasour 1932Living American Michigan State University
Ralph Raico 19362016 American University of Chicago
George reisman.jpg George Reisman 1937Living American New York University
Pascal Salin 1939Living French Paris Dauphine University
Henri Lepage 1941Living French
Walter block-teaching.jpg Walter Block 1941Living American Columbia University
Robert Higgs-independent.jpg Robert Higgs 1944Living American Johns Hopkins University
Roger Garrison 1944Living American University of Virginia
MarkSkousen.jpg Mark Skousen 1947Living American George Washington University
David Gordon by Gage Skidmore.jpg David Gordon 1948Living American UCLA
Hans-Hermann-Hoppe.jpg Hans-Hermann Hoppe 1949Living German Goethe University Frankfurt
Joseph Salerno by Gage Skidmore.jpg Joseph Salerno 1950Living American Rutgers University
Randall G. Holcombe 1950Living American Florida State University
Richard Ebeling 1950Living American Middlesex University
Don Lavoie 19512001 American New York University
Larry Reed 1.jpg Lawrence Reed 1953Living American Slippery Rock University of Pennsylvania
Lawrence H. White 1954Living American UCLA
RussRoberts.jpg Russell Roberts 1954Living American University of Chicago
Jesus Huerta de Soto 2014 (cropped).jpg Jesús Huerta de Soto 1956Living Spanish Complutense University of Madrid
Donald Boudreaux.jpg Donald J. Boudreaux 1958Living American Auburn University
Mark Thornton.jpg Mark Thornton 1960Living American Auburn University
Peter Boettke 1960Living American George Mason University
Dr. David Prychitko.jpg David Prychitko 1962Living American George Mason University
Peter Schiff by Gage Skidmore 3.jpg Peter Schiff 1963Living American University of California, Berkeley Host of the Peter Schiff Show, and is credited for "more or less accurately" predicting the 2008 financial crisis 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 19642021 American George Mason University
Peter G Klein.jpg Peter G. Klein 1966Living American University of California, Berkeley
Guido Hulsmann by Gage Skidmore.jpg Jörg Guido Hülsmann 1966Living German Technische Universität Berlin
Javier Milei-03.png Javier Milei 1970Living 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

Hedge Fund Manager Mark Spitznagel.jpg Mark Spitznagel 1971Living American New York University
Robert P. Murphy Head Shot 1.jpg Robert P. Murphy 1976Living American New York University
Chris Coyne (Economist).jpg Christopher Coyne 1977Living American George Mason University
Peter T. Leeson.jpg Peter Leeson 1979Living American George Mason University
Philipp Bagus 1980Living German Universidad Rey Juan Carlos

References

  1. Thornton, Mark. "Who is Benjamin Anderson?" Mises.org
  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