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The world of investing is largely shaped by the varying economic schools of thought that individuals fall under. One of the best-known of these groups is the Keynsian school, which promotes a more hands-on government that has more control over a particular economy. Another big name in the world of economics is those that associate with the Austrian school of thought, which promotes a laissez-faire government that has little influence on the developments around it. As the years have gone on, the Austrian way of thinking has become incredibly popular, and has shaped a number of investors’ capital allocations.

Below, we outline the top 40 Austrian Economics blogs for those looking to get a deeper understanding of this niche world.

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Tom Woods

Thomas E. Woods, Jr., is a senior fellow of the Ludwig von Mises Institute and host of The Tom Woods Show, which broadcasts every weekday. He holds a bachelor’s degree in history from Harvard and his master’s, M.Phil., and Ph.D. from Columbia University. Woods has appeared on CNBC, MSNBC, FOX News Channel, FOX Business Network, C-SPAN, and Bloomberg Television, among other outlets, and has been a guest on hundreds of radio programs, including National Public Radio, the Dennis Miller Show, the Michael Reagan Show, the Dennis Prager Show, and the Michael Medved Show. He is a regular fill-in host on The Peter Schiff Show.

Woods is also the author of eleven books, most recently Rollback: Repealing Big Government Before the Coming Fiscal Collapse and Nullification: How to Resist Federal Tyranny in the 21st Century.

Thinking Machine Blog

The Thinking Machine blog is named in honor of Professor Augustus S. F. X. Van Dusen, nicknamed The Thinking Machine. Van Dusen is a fictional detective created by Jacques Futrelle as somewhat of an American version of Sherlock Holmes. Futrelle described Van Dusen as: ““The Thinking Machine”—Professor Augustus S. F. X. Van Dusen, Ph. D., F. R. S., M. D., LL. D., et cetera, et cetera—logician, analyst, worker of miracles in the exact sciences, intellectual wizard of his time; this the master mind, exalted by the cumulative genius of generations gone before, which had isolated itself on a pinnacle of achievement through sheer force of applied reason.” in the story titled “Five Millions by Wireless“.

As much as I enjoy Futrelle’s stories about The Thinking Machine, they will not be the focus of this blog. In fact, there will be no focus to this blog. Rather, it will be a collection of observations, thoughts, rants, and links about topics that I find interesting. Thus, the best way to navigate this blog is to click on the names of categories that are of interest.

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This blog mixes together observations on current events, commentary on other economic blogs (Krugman, Cowen, Hamilton, Mankiw, etc.) and fun facts from monetary history. The blog has plenty to say about misconceptions about Keynes, liquidity traps, the New Deal, and other related topics which have suddenly become highly topical.

The blog is run by Scott Summer, a teach of economics at Bentley University. He earned a BA in economics at Wisconsin and a PhD at Chicago. His research has been in the field of monetary economics, particularly the role of the gold standard in the Great Depression.

The Social Rationalist

This blog focuses on economics, politics, and legal theory among other things.

The Radical Subjectivist

My name is Isaac Marmolejo and I currently study Economics and Political Science at the University of New Mexico in Albuquerque.

This blog contains my opinions on philosophy, politics, government, and economics. I consider myself an Austrian economist with my main influence being Ludwig Lachmann. With this in mind, I share Lachmann’s critical views of libertarianism and neoclassical economics and how it has degraded Austrian economics as a whole.

The main purpose of this blog is to encourage progress and critique the current state of Austrian economics from a Radical Subjectivist perspective. I believe Austrian economics can still benefit greatly by understanding Austrians like Ludwig Lachmann, Jack Wiseman, and semi-Austrian George Shackle. These men have great importance in Austrian economics because of their distrust to all neoclassical economics and the importance of subjectivism.

I also write posts on American history, which is a subject that interests me.

The Pretense of Knowledge

Though the blog is not specifically catered to economics, it carries the hands-off government ideals of most Austrians.

The Ludwig Von Mises institute of Canada

The Ludwig Von Mises institute of Canada (“Mises Canada”) was founded in November of 2010 in order to spread the teachings of the Austrian School of Economics to Canada. It is an independent organization making up one of the many Mises Institutes now operating in over 20 countries.

It is the mission of Mises Canada to educate the public on the importance of placing human choice at the center of economic theory, to encourage a revival of critical historical research, and to advance the Misesian tradition of thought through the defense of the market economy, private property, sound money, and peaceful international relations.

The Freeman

FEE’s mission is to inspire, educate and connect future leaders with the economic, ethical and legal principles of a free society.

For young minds interested in an introduction to free market economics and its foundations in the broader philosophy of individual liberty, FEE is the best source for inspiring content, programs and community. FEE is not an academic or political organization; instead our focus is making the economic, ethical and legal principles of a free society widely accessible, easily understood and energizing to young minds. We do this by delivering content that is substantive and thoughtful in forms most convenient to our customers, including in-person seminars and lectures, web-delivered content, printed material in book and magazine form, and networking opportunities. At FEE, young people—and educators who work with them—will find an exciting and optimistic introduction to the Austrian and classical liberal traditions in free market economics as well as opportunities to connect with other young people and free-market organizations around the world.

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The Daily Bail

The Daily Bail was created to fight the immoral transfer of trillions in debt from failed, private banks onto the backs of future generations. Accordingly, the Daily Bail keeps tabs on the heist. To provide an official daily record of the generational pillaging. The blog finds it, sorts it and then publishes it in one place every day: all the bailout news, opinion, analysis, daily videos, comedy, and even songs and cartoons.

The Circle Bastiat

The Mises Institute is the world’s largest, oldest, and most influential educational institution devoted to promoting Austrian economics, freedom, and peace in the tradition of classical liberalism.

Since 1982, the Mises Institute has provided both scholars and laymen with resources to broaden their understanding of the economic school of thought known as Austrian economics. This school is most closely associated with our namesake, economist Ludwig von Mises.

We are the worldwide epicenter of the Austrian movement.

Through their research in the fields of economics, history, philosophy, and political theory, Mises’s students F.A. Hayek, Henry Hazlitt, Murray Rothbard, and others carried the Austrian School into the late twentieth century. Today, Mises Institute scholars and researchers continue the important work of the Austrian School.

Austrian economics is a method of economic analysis, and is non-ideological. Nonetheless, the Austrian School has long been associated with libertarian and classical-liberal thought—promoting private property and freedom, while opposing war and aggression of all kinds. The Mises Institute continues to support research and education in this radical pro-freedom tradition of historians, philosophers, economists, and theorists such as Jean-Baptiste Say, Frédéric Bastiat, Richard Cobden, Herbert Spencer, Lysander Spooner, William Graham Sumner, Albert Jay Nock, Mises, Hayek, Hazlitt, Rothbard, and many others.

The Center for Economic Liberty

This blog that allows visitors to post and share their ideas with the world.

The Austrian School of Investment Thought

The Austrian School of Investment Thought is the blog of Barnhart Investment Advisory, and is published by Ted Barnhart, who is the founding member of Barnhart Investment Advisory (BIA).

Ted Barnhart brings twenty years of financial industry experience to work for BIA clients. He graduated with a BA in Accounting (1990) from Michigan State University. His experience includes work with Arthur Andersen & Company, Merrill Lynch and Morgan Stanley. In addition he spent several years as a Risk-Arbitrage Trader for both Peters Securities and TJM Institutional Services in Chicago.

His articles have been published on Morningstar.com, Safe Haven.com and Seeking Alpha. In addition he has been quoted by CFA Magazine in regards to the application of Austrian School Economics to investing.


TedBits is dedicated to understanding the evolving world economy, broad social trends (Human Behavior) and politics as they relate to investing, finance and economic growth. TedBits features a broad range of topics and subjects to stimulate thought-provoking mental exercises, ranging from Capital formation, Central banking, solid technical analysis of worldwide markets, inter-market analysis, taxes, trade issues, globalization, government & politics, absurdities, market psychology & sentiment, Foreign Exchange, interest rates, grain markets and rising & declining empires, just to name just a few. It strives to be a mental body builder’s paradise – your daily news source and regular hang-out, as it is a periscope into the internet where you can browse diverse subjects and authors widely, save content for future review and build your intellect. They don’t call it “Smart Money” for nothing. It requires hard work to properly observe and, moreover, recognize what is unfolding and and plan your lives in an intelligent and proper manner. Tedbits is dedicated to bringing significant perspectives to a wide variety of readers, while eliminating analysis which says nothing.

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Smiling Dave on Austrian Economics

Certainly one of the more entertaining economics blogs as the tagline promises to offer “gentle sarcasm”.

Schiff Gold

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Recovering Austrians

This blog focuses on dispelling the thoughts behind Austrian Economics, giving you a view from the other side.

Patrick Barron, an Austrian Economist

Patrick Barron has been a consultant to the banking industry since 1985. He teaches Bank Management Simulation at the Graduate School of Banking, University of Wisconsin, Madison and Austrian Economics at the University of Iowa. He has contributed a weekly essay in the Austrian vein to The Bulletin, Philadelphia since 2006. As president of the Right Approach Group, which offers free market solutions to current economic problem, he has spoken at economic conferences at the EU Parliament offices in Brussels, Belgium and Strasbourg, France.

Monty Pelerin’s World

The site deals with Finance, Economics and Politics. Investment advice is not provided, although thoughts useful to investors might occasionally appear. My political and economic philosophy rests on maximum freedom. This orientation is based on study and empirics. It is a utilitarian conclusion in that it produces better outcomes (higher standards of living, longer life expectancies, etc.) than the alternatives. But it also works on ethical and moral grounds. This philosophy is beneficial to all, not specific segments of society.

I was taught Keynesianism and Monetarism in formal classwork. I know the “Chicago” school well, having taken courses from Milton Friedman, George Stigler, Ronald Coase and Gene Fama, all now Nobel laureates. Despite this exposure, I consider my approach to economics and society “Austrian,” in the tradition of Ludwig von Mises and Friederich Hayek. Chicago and Austrian free market conclusions often match, although their methodologies are vastly different.

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Mercatus Center

The Mercatus Center at George Mason University is the world’s premier university source for market-oriented ideas—bridging the gap between academic ideas and real-world problems.

A university-based research center, the Mercatus Center advances knowledge about how markets work to improve people’s lives by training graduate students, conducting research, and applying economics to offer solutions to society’s most pressing problems.

Our mission is to generate knowledge and understanding of the institutions that affect the freedom to prosper, and to find sustainable solutions that overcome the barriers preventing individuals from living free, prosperous, and peaceful lives.

Founded in 1980, the Mercatus Center is located on George Mason University’s Arlington campus.

Ludwig von Mises Institute

The Mises Institute is the world’s largest, oldest, and most influential educational institution devoted to promoting Austrian economics, freedom, and peace in the tradition of classical liberalism.

Since 1982, the Mises Institute has provided both scholars and laymen with resources to broaden their understanding of the economic school of thought known as Austrian economics. This school is most closely associated with our namesake, economist Ludwig von Mises.


The daily news and opinion site LewRockwell.com was founded in 1999 by anarcho-capitalists Lew Rockwell [send him mail] and Burt Blumert to help carry on the anti-war, anti-state, pro-market work of Murray N. Rothbard.

Lew strives to present a diverse daily selection of interesting articles from our writers and other sites, but he does not necessarily endorse every view expressed. He does, however, believe that each piece will repay your reading.

King World News - Blog

This blog is very focused on precious metals while still applying the Austrian school of thought.

John Lott's Website

This blog is run by John R. Lott, Jr., a Senior Research Scientist at the University of Maryland Foundation, University of Maryland at College Park. His blog features commentary on a broad array of economics and crime related issues.

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Freedom Line

This blog is run by the Center for Individual Freedom organization. Founded in 1998, the Center for Individual Freedom is a non-partisan, non-profit organization with the mission to protect and defend individual freedoms and individual rights guaranteed by the U.S. Constitution.

The Center seeks to focus public, legislative and judicial attention on the rule of law as embodied in the federal and state constitutions. Those fundamental documents both express and safeguard society’s commitment to individual freedom, not only through specific protections such as the Bill of Rights, but also through structural protections that constrain and disperse governmental authority.

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Free Advice

Robert Murphy, an adjunct scholar of the Mises Institute and a faculty member of the Mises University, runs the blog Free Advice and is the author of The Politically Incorrect Guide to Capitalism, the Study Guide to Man, Economy, and State with Power and Market, the Human Action Study Guide, and The Politically Incorrect Guide to the Great Depression and the New Deal.

Economic Thought

Economic Thought is a blog dedicated to heterodox economic ideas, most closely associated with the Austrian school. Apart from economics, topics discussed include politics, political theory and history — and, sometimes, miscellaneous posts, just for fun. The idea is not to pursue a particular agenda, but to discuss theory and interpret events as we understand them. More often than not, what this entails is a libertarian interpretation. However, I think our readers will find that this blog is not an insular one, but one that looks outward at an obtuse angle.

We have no particular person in mind when writing. We welcome comments from whoever feels inclined to leave their opinion — all (civil and thought-out) comments are welcomed! In fact, we insist that you leave behind feedback.

The owner and main contributor is Jonathan M.F. Catalán. To clear some confusion: Finegold and Catalán are both last names, with Finegold being his paternal surname(!) — you really cite Finegold. (He just thinks Catalán sounds more exotic: true story.) He has studied, continues to study, and will always study political science and economics (having attended San Diego State University as an undergraduate). He is an Austrian who has “branched out” — in a relatively limited sense — to alternative strands of thought. More than anything, he does not recognize the different schools as much as considers economic theory either “correct” or “incorrect.”

Jonathan has written for the Mises Institute, Cobden Centre, and Mises.ca.

Economic Policy Journal

Robert Wenzel is editor & publisher of EconomicPolicyJournal.com and hosts the weekly podcast The Robert Wenzel Show. His guests on the show have included, Jesse Ventura, Roger Stone, James Altucher, David Stockman, Guy Kawasaki, Oliver Stone, Judge Andrew Napolitano, Steve Forbes, Peter Schiff and Gary Johnson.

He is author of The Fed Flunks: My Speech at the New York Federal Reserve Bank and the soon to be published, Always Fighting for Freedom: The Early Wenzel.


The Library of Economics and Liberty features the popular daily blog, EconLog. Bloggers Bryan Caplan, David Henderson, and guest bloggers—write on topical economics of interest to them, illuminating subjects from politics and finance, to recent films and cultural observations, to history and literature.

EconLog aims to educate, entice, and excite readers into thinking about economics in daily analyses. It typically appeals to an international mix of college-educated students, teachers, news media commentators, and bloggers; self-educated or post-graduate thinkers; and those interested in understanding the ever-emerging current economic situation. Readers are invited to comment.

EconLog is one of the Wall Street Journal’s Top 25 Economics Blogs.

EconLog took wing in January 2003, initially inspired by Arnold Kling’s earlier educational economics blog (Great Questions of Economics [GQE]). Bryan Caplan joined in January 2005, and David Henderson in October 2008. Guest bloggers, including Garett Jones, Art Carden, Alberto Mingardi, Bart Wilson, James Schneider, and Scott Sumner, have contributed to EconLog since the autumn of 2012.

Coordination Problem

This blog is very focused on news and current affairs from an Austrian point of view. The blog is written by Pete Boettke, Chris Coyne, Steve Horwitz, Peter Leeson, David Prychitko, and Frederic Sautet.

Carpe Diem

Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.


A blog about Austrian economics.

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Austrian Economics and Liberty

This blog that focuses on both writing and videos to educate investors.

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Adam Smith Institute

The Adam Smith Institute is one of the world’s leading think tanks. Independent, non-profit and non-partisan, it works to promote libertarian and free market ideas through research, publishing, media commentary, and educational programmes. The Institute is today at the forefront of making the case for free markets and a free society in the United Kingdom.

The Institute was founded in the 1970s, as post-war socialism reached its high-watermark. Then, as now, its purpose was to educate the public about free markets and economic policy, and to inject sound ideas into the public debate. It has always been a practical think-tank rather than an academic organization, and despite its strict political independence, it has endeavored to work with policymakers to deliver real change, and to make free market ideas reality. In its early days, the Institute was known for its pioneering work on privatization, deregulation, and tax reform, and for its advocacy of internal markets in healthcare and education.

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This blog provides a nice resource for those looking for economic updates.

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