Who are your top 5 Austrian economists?

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Sep 22, 2011
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Curious to see the views of the forum, and perhaps it will spark discussion surrounding the differences of the economists.
 
Man...its hard to pick.

John Robbins
Hans Sennholz
Gary North
Ludwig Von Mises
Murray Rothbard
 
I am surprised you didn't include Menger(the founder), and Hayek(the sole Nobel laureate). All of those are good picks though.

Yeah, I've read Menger and Hayek ...they are foundational. I guess I mentioned Robbins, Sennholz, and North because they helped me see how Christianity teaches free market economics. It has helped ground my faith and worldview.
 
I don't know enough to make comparisons between them, but I'm a fan of Robert Higgs.
 
Yeah, I've read Menger and Hayek ...they are foundational. I guess I mentioned Robbins, Sennholz, and North because they helped me see how Christianity teaches free market economics. It has helped ground my faith and worldview.
I will have to look into them more.
 
Robert P. Murphy, who wrote the first economics book I ever read!
Tom Woods, who also writes very engaging and accessible books for the general readership
Frederich A. Hayek, who arguably did the most to "popularize" the Austrian School
Murray Rothbard, who REALLY got me into the deeper philosophical questions underlying economics
and of course, Ron Paul, without whom I never would have learned about the other four! :)
 
Of the guys who are still alive

Robert Wenzel
Robert Murphy
Tom Woods
Peter Schiff
Gary North
 
My father. He never bought on credit (even the house he bought when he retired from the army was bought cash), only what he needed, looked for the best deal and every dime given to me I worked for. All the other Keynesian kids got an allowance. Even Christmas gifts were pure practicality. This formed my economic worldview along with being a freelance artist and dealing with market forces at every contract signing and negotiation for four decades.

That being said I rarely get into quoting authors so I just read, absorb the interesting facts and move on quickly to the next subject. Ofttimes I have heard greater wisdom than some of the theorists coming from a barstool next to mine or a snarky sigfile..but more times they were just barroom cranks. I get the feeling reading much of the mises material that I already knew that and what is the big deal. Mind you I have probably read the internets like six times already..heh..

Rev9
 
here's my top 5 modern day Austrian Economists:

1) Ron Paul
2) Peter Schiff
3) Marc Faber
4) Joseph Salerno
5) Robert Prechter

I have probably learned the most about economics from these people over the last 5 years. Before 2007, i had never heard of these people or even knew about "Austrian economics" ... and that's despite getting a minor in economics from a pretty good university.

I still find it shocking that they don't even mention austrian economics at all in most universities.

a few weeks ago, i actually went to sit in on a couple masters economics classes at the University of Toronto and it's pretty shocking what they're teaching these kids. it's all basically just math and formulas that are all probably wrong. in the macro class, they talked about the "solow growth model" which was a forumla that was supposed to tell you how much an economy is supposed to grow. needless to say, i'm sure this model is a pretty poor predictor of growth.

and the other class was "business cycle theory" which i thought would be really cool... but yet again, it was all just math equations, formulas, models, etc. during the break, i asked her if she ever teaches the austrian theory of the business cycle in her course, and she said that they don't.

so i find it pretty shocking that in a masters level econ class at the best university in canada, they don't even have one lecture on the austrian theory of the business cycle.

i took first and second year calculus about 10 years ago, so i could more or less follow along with all the math stuff... but i was definitely a bit rusty and was getting a bit confused with all the variables and the nomenclature. i'm sure that 10 years ago, i would have no problem taking derivatives of logs and all that stuff... but it would be pretty tough to do that class now, having not done any math like that in a long time.

but i'm sure that most of these kids are graduating knowing virtually nothing about economics.
 
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1) Murray Rothbard
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2) Lv Mises
3) Hayek
4) Hazlitt
5) Bastiat
6) Menger

Living, it's hard to say. There are a lot of great ones.

PS - Yes, we love Ron Paul, but he is not an expert in Austrian economics. Neither is Schiff, but he knows his stuff.
 
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I only know 2, which are of course Mises and Hayek. Even then, I don't know a whole lot. But I am interested in learning, and this thread gave me great names to research, Thanks!
 
1) Rothbard
2) Mises
3) Murphy
4) Hazlitt
5) Woods/Schiff/Paul (none are economist but overall know their stuff)
*honorable mention... Dilorenzo, North, Block, and Hayek
 
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