Image Name Year of birth Year of death Nationality Alma mater(postgraduate) Notes Carl Menger 1840 1921 Austrian Jagiellonian University Founder of theAustrian School of economics , famous for contributing to the development of the theory ofmarginal utility , which contested the cost-of-production theories of value, developed by theclassical economists such asAdam Smith andDavid Ricardo . Eugen von Böhm-Bawerk 1851 1914 Austro-Hungarian University of Heidelberg University of Leipzig University of Jena Wrote the three volume magnum-opusCapital 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-lawEugen von Böhm-Bawerk , he shaped the next generation of Austrian economists includingLudwig von Mises ,Friedrich Hayek andJoseph 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 ofEugen von Böhm-Bawerk ,Friedrich von Wieser ,Ludwig von Mises , andFriedrich Hayek . Ludwig von Mises 1881 1973 Austrian University of Vienna He published hismagnum opus Human Action Libertarian movement that developed in the United States in the mid-20th century. Joseph Schumpeter 1883 1950 Austrian University of Vienna Schumpeter was one of the most influential economists of the early 20th century, and popularizedcreative destruction , a term coined byWerner Sombart . Hismagnum opus is consideredCapitalism, Socialism and Democracy . 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 asThe Wall Street Journal The Nation The American Mercury Newsweek The New York Times American conservatism andlibertarianism .[ 2] Frederick Nymeyer 1897 1981 American Friedrich Hayek 1899 1992 Austrian University of Vienna In 1974, Hayek shared theNobel Memorial Prize in Economic Sciences for his "pioneering work in thetheory of money andeconomic 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 theAustrian School who helped define capitalistlibertarianism and popularized a form offree-market anarchism he termed "anarcho-capitalism ."[ 4] [ 5] [ 6] [ 7] Israel Kirzner 1930 Living American New York University Kirzner's major work is in the economics of knowledge andentrepreneurship and theethics ofmarkets . 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 Roger Garrison 1944 Living American University of Virginia 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 Mark Thornton 1960 Living American Auburn University Peter Boettke 1960 Living American George Mason University David Prychitko 1962 Living American George Mason University Peter Schiff 1963 Living American University of California, Berkeley Host of thePeter Schiff Show , and is credited for "more or less accurately" predicting the2008 financial crisis while the "easiest criticism of macroeconomists is that nearly all failed to foresee the recession despite plenty of warning signs." Steven Horwitz 1964 2021 American George Mason University Peter G. Klein 1966 Living American University of California, Berkeley Jörg Guido Hülsmann 1966 Living German Technische Universität Berlin Javier Milei 1970 Living Argentinian Belgrano University He became widely known for his regular TV appearances where he has been critical ofCristina Fernández de Kirchner ,Mauricio Macri andAlberto Fernández administrations.He became aFederal Deputy in2021 and was elected asPresident of Argentina in2023 , running on theLa Libertad Avanza ticket and beatingPeronist economy ministerSergio Massa in a landslide, thereby becoming the first everLibertarian head of state , anywhere in the world
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 Philipp Bagus 1980 Living German Universidad Rey Juan Carlos 
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