(Education, Work Experience and Publications)

Steven G. Horwitz
Charles A. Dana Professor of Economics
Department of Economics
St. Lawrence University
Canton, NY 13617
TEL (315) 229-5731
FAX (315) 229-5819


126 Pike Road
Canton, NY 13617
(315) 379-9737


            Ph. D. 1990     George Mason University.  Doctor of Philosophy in Economics.

            M. A.  1987     George Mason University.  Master of Arts in Economics.               

            A. B.   1985     The University of Michigan.  “With distinction” in Economics and Philosophy.


8/89 -               St. Lawrence University, Department of Economics.
Charles A. Dana Professor of Economics (5/07 -   )
Professor of Economics (7/02 -  )
Associate Professor of Economics (9/95 – 6/02).
Flora Irene Eggleston Faculty Chair (7/93 – 6/98).
Assistant Professor and Dana Fellow (8/89 - 8/95).

7/07 – 9/07      Social Philosophy and Policy Center, Bowling Green State University.
Visiting Scholar.

5/01 - 7/07       St. Lawrence University, Associate Dean of the First Year
Responsible for all aspects of the University's First-Year Program/First-Year Seminar academic programs.  Work in conjunction with the Director of Residential Learning Communities and the Student Life team to coordinate the residential portion of the program, including New Student Orientation.  Specific responsibilities include faculty recruitment, development, and evaluation, curriculum development and evaluation, further integrating first year academic and student life, developing and administering budgets, and representing the FYP/FYS in University planning, external relations, and development.

7/03 – 6/04      St. Lawrence University, Interim Director, Center for Teaching and Learning.  
Responsible for the organization, execution and oversight of all programs sponsored under the auspices of the Center for Teaching and Learning, with the intent of advancing and responding to the professional dialogue on teaching and learning on campus; staying abreast of current teaching issues, pedagogical methods and innovations in higher education; and developing partnerships with academic departments and programs and instructional technology.  Specific responsibilities include new faculty orientation and the faculty mentor program, allocating travel funds for pedagogy conferences and small grants for teaching innovations, and other administrative, budgetary, and supervisory activities.

9/88 - 6/89       George Mason University, Department of Economics.
Acting Assistant Professor of Economics.


Economics of Gender and the Family, Austrian Economics, the Social Thought of F. A. Hayek, and Political Economy.


Monetary Theory and History, History of Economic Thought and Methodology, American Economic History, Macroeconomics, Public Choice, and the Evolution of Social Institutions.



Microfoundations and Macroeconomics: An Austrian Perspective, New York: Routledge, 2000.  (ISBN 0-415-19762-7, part of the series Foundations of the Market Process, edited by Lawrence H. White and Mario J. Rizzo).  Co-winner of the 2001 Smith Prize in Austrian Economics, for the best contribution to Austrian economics in the previous three years.

Monetary Evolution, Free Banking, and Economic Order, Boulder, CO:  Westview Press, 1992.  (ISBN 0-8133-8514-8, part of the series Studies in the History, Methods, and Boundaries of Economics, edited by Axel Leijonhufvud and Donald McCloskey).

Volumes Edited:

Advances in Austrian Economics, volume 4, (with Peter J. Boettke), Greenwich, CT:  JAI Press, 1997.


'Of Human Action but not Human Design': Liberalism in the Tradition of the Scottish Enlightenment, 1999 Annual Frank P. Piskor Lecture, Canton, NY: St. Lawrence University, 2000.

Peer-Reviewed Articles:

“A Jambalaya of Thoughts on Non-price Signals, Commercial Spaces, and Lessons Learned from Katrina,” (symposium on Emily Chamlee-Wright’s The Cultural and Political Economy of Recovery), Studies in Emergent Order, 2011, forthcoming (invited contribution).

“Do We Need a Distinct Monetary Constitution?” (symposium in honor of James Buchanan), Journal of Economic Behavior and Organization, 2011, forthcoming (invited contribution).

“Austrian Economists and Liberal Arts Colleges as a Complementary Capital Combination,” Journal of Economic and Financial Education, 2011, forthcoming (invited contribution).

“On Not Doing Due Diligence:  Bagus and Howden on Free Banking” (with Anthony J. Evans), Review of Austrian Economics, 2011, forthcoming.

“Theory, History, and the Great Recession,” Review of Austrian Economics, 24 (2), 2011, pp. 171-84 (invited contribution).

Unfortunately Unfamiliar with Robert Higgs and Others: A Rejoinder to Gauti Eggertsson on the 1930s,” Econ Journal Watch, 8 (1), January 2011, pp. 1-12, available at: (invited contribution).

The Role of Ideal Types in Austrian Business Cycle Theory” (with Gene Callahan), What’s So Austrian about Austrian Economics?, Roger Koppl, Steven Horwitz, and Pierre Desrochers, eds., volume 14 of Advances in Austrian Economics, Bingley, UK:  Emerald, 2010, pp. 205-24 (invited contribution).

Kirznerian Entrepreneurship as a Misesian Solution to a Hayekian Problem,” Journal of Private Enterprise Education, 25 (2), Spring 2010, pp. 97-103 (invited comment).

 “I’m not a ‘Neuro-Hayekian,’ I’m a Subjectivist,” The Social Science of Hayek’s The Sensory Order, Bill Butos, ed., volume 13 of Advances in Austrian Economics, Emerald Publishing, Bingley, UK, 2010, pp. 383-89 (invited reply).

The Sensory Order and Organizational Learning,The Social Science of Hayek’s The Sensory Order, Bill Butos, ed., volume 13 of Advances in Austrian Economics, Emerald Publishing, Bingley, UK, 2010, pp. 263-84 (invited contribution).

Great Apprehensions, Prolonged Depression: Gauti Eggertsson on the 1930s,Econ Journal Watch, 6 (3), September 2009: 313-36 (invited contribution).

“Best Responders:  Post-Katrina Innovation and Improvisation by Wal-Mart and the U.S. Coast Guard,” Innovations, 4 (2), Spring 2009, pp. 93-99  (invited contribution).

Wal-Mart to the Rescue:  Private Enterprise’s Response to Hurricane Katrina,” The Independent Review, 13 (4), Spring 2009, pp. 511-28.

Is the Family a Spontaneous Order?Studies in Emergent Order, 1, 2008 (invited contribution).

“Three Contemporary Economic Myths About Income and Material Well-Being,” educational note, Journal of Private Enterprise, 24 (1), Fall 2008, pp. 131-44 (invited contribution).

“Analogous Models of Complexity:  The Austrian Theory of Capital and Hayek's Theory of Cognition as Adaptive Classifying Systems,”Explorations in Austrian Economics, Roger Koppl, ed., volume 11 of Advances in Austrian Economics, 2008, pp.  143-66 (invited contribution).

Monetary Calculation and the Extension of Social Cooperation into Anonymity,” Journal of Private Enterprise Education, 23 (2), Spring 2008, pp. 81-93.

Heterogeneous Human Capital, Uncertainty, and the Structure of Plans: A Market Process Approach to Marriage and Divorce” (with Peter Lewin), Review of Austrian Economics, 21 (1), March 2008, pp. 1-21.

The Limits of Economic Expertise: Prophets, Engineers, and the State in the History of Development Economics,” (with Peter J. Boettke), History of Political Economy, 37 (1), annual conference volume supplement, 2005, pp. 10-39 (invited contribution).

The Functions of the Family in the Great Society,” Cambridge Journal of Economics, 29 (5), September 2005, pp. 669-84.

 “Two Worlds at Once:  Rand, Hayek, and the Ethics of the Micro and Macro-cosmos,” Journal of Ayn Rand Studies, 6 (2), Spring 2005, pp. 375-403 (invited contribution as part of a symposium on “Ayn Rand Among the Austrians”).

Monetary Calculation and the Unintended Extended Order: The Misesian Microfoundations of the Hayekian Great Society,Review of Austrian Economics, 17 (4), December 2004, pp. 307-21.

Money and the Interpretive Turn:  Some Considerations,Symposium, 8 (2), Summer 2004, pp. 249-66 (invited contribution for a special issue in honor of G. B. Madison).
Rand, Rush, and De-totalizing the Utopianism of Progressive Rock,”  Journal of Ayn Rand Studies, 5 (1), Fall 2003, pp. 161-72 (invited contribution).

The Costs of Inflation Revisited,” Review of Austrian Economics, 16 (1), March 2003, pp. 77-95.
“Comment on Boettke & Subrick and Faulkner,” (symposium on John Searle's philosophy and economics)  Journal of Economic Methodology, 9 (1), March 2002, pp. 81-86 (invited comment).

Entrepreneurship, Exogenous Change, and the Flexibility of Capital,” Journal des Economistes et des Etudes Humaines, 12 (1), March 2002, pp. 67-77  (invited submission for an issue in honor of Israel Kirzner).

From Smith to Menger to Hayek: Liberalism in the Spontaneous Order Tradition,The Independent Review, 6 (1), Summer 2001, pp 81-97. Reprinted in The Challenge of Liberty:  Classical Liberalism Today, Robert Higgs and Carl Close, eds., Oakland:  Independent Institute, 2006.

From The Sensory Order to the Liberal Order: Hayek's Non-rationalist Liberalism,Review of Austrian Economics, 13 (1), March 2000, pp. 23-40.

Keynes and Capitalism One More Time:  A Further Reply to Hill,” Critical Review, 12 (1/2),  Winter-Spring 1998, pp. 95-111 (invited reply).

Monetary Calculation and Mises's Critique of Planning,” History of Political Economy, 30 (3), Fall 1998, pp. 427-50.

Labor Market Coordination and Monetary Equilibrium:  W. H. Hutt's Place in 'Pre-Keynesian' Macro,Journal of Labor Research, 18 (2), Spring 1997, pp. 205-26 (invited submission).

“Reply to Cottrell,” Journal of the History of Economic Thought, 18 (2), Fall 1996, pp. 314-318.

Capital Theory, Inflation, and Deflation:  The Austrians and Monetary Disequilibrium Theory Compared,” Journal of the History of Economic Thought, 18 (2), Fall 1996, pp.287-308.  Reprinted in The Legacy of Friedrich von Hayek, Vol III:  Economics, Peter J. Boettke, ed., Cheltenham UK:  Edward Elgar, 2000.

Keynes on Capitalism:  Reply to Hill,” Critical Review, 10 (3), Summer 1996, pp. 353-72 (invited submission).

“Money, Money Prices, and the Socialist Calculation Debate,” Advances in Austrian Economics, 3, 1996, pp. 59-77.  Reprinted in Socialism and the Market:  The Socialist Calculation Debate Revisited, Vol. IX, Peter J. Boettke, ed., New York:  Routledge, 2000.

Feminist Economics:  An Austrian Perspective,” Journal of Economic Methodology, 2 (2), December 1995, pp. 259-279.

“A Property Rights Approach to Free Banking,” (with Howard Bodenhorn), Journal des Economistes et des Etudes Humaines, 5 (4), December 1994, pp. 505-519.

“Systemic Rationality and the Effects of Financial Regulation:  Rejoinder to Kindleberger,” Critical Review, 8 (4), Fall 1994, pp. 615-621.

“Subjectivism, Institutions, and Capital:  Comment on Mongiovi and Lewin,” Advances in Austrian Economics, 1, 1994, pp. 279-288.

Complementary Non-Quantity-Theory Approaches to Money:  Hilferding's Finance Capital and Free Banking Theory,” History of Political Economy, 26 (2), Summer 1994, pp. 221-238.

Spontaneity and Design in the Evolution of Institutions:  The Similarities of Money and Law,Journal des Economistes et des Etudes Humaines, 4 (4), December 1993, pp. 571-587.

“Government Intervention:  Source or Scourge of Monetary Order?” review essay on Charles Kindleberger's Manias, Crashes, and Panics, Critical Review, 7 (2/3), Spring/Summer 1993, pp. 237-257.

Monetary Exchange as an Extra-Linguistic Social Communication Process,Review of Social Economy, 50 (2), Summer 1992, pp. 193-214.  Reprinted in Individuals, Institutions, Interpretations:  Hermeneutics Applied to Economics, David L. Prychitko, editor, Aldershot, UK:  Avebury Publishing, 1995, chapter 9, pp. 154-175.

“The Political Economy of Inflation:  Public and Private Choices,” Durell Journal of Money and Banking, 3 (4), November 1991, pp. 26-37.

A Subjectivist Approach to the Demand for Money,” Journal des Economistes et des Etudes Humaines, 1 (4), December 1990, pp. 459-71.

Competitive Currencies, Legal Restrictions, and the Origins of the Fed:  Some Evidence from the Panic of 1907,” Southern Economic Journal, 56 (3), January 1990, pp. 639-49.  Reprinted in The International Library of Macroeconomic and Financial History:  Free Banking (3 vols.), Lawrence White, editor, Aldershot, UK:  Edward Elgar, 1993, v. 2, pp. 330-340.

“Keynes's Special Theory,” Critical Review, 3 (3/4), Summer/Fall 1989, pp. 411-34.

“Prices, the Price Level, and Macroeconomic Coordination:  Hutt on Keynesian Economics,” Market Process, 6 (2), Fall 1988, pp. 31-36.  Reprinted in The Market Process: Essays on Contemporary Austrian Economics, Peter J. Boettke and David L. Prychitko, editors, Aldershot, UK:  Edward Elgar, 1994, pp. 156-165.

“Misreading the 'Myth':  Rothbard on the Theory and History of Free Banking,” Market Process, 6 (1), Spring 1988, pp. 35-40.  Reprinted in The Market Process:  Essays on Contemporary Austrian Economics, Peter J. Boettke and David L. Prychitko, editors, Aldershot, UK:  Edward Elgar, 1994, pp. 166-176.

“Misesian Integrity: A Comment on Barnes” (with Peter J. Boettke), Austrian Economics Newsletter, Fall 1987, pp. 14, 10.

“Apartheid and the Market:  A Response to Hoffenberg,” (with Peter J. Boettke and David L. Prychitko), Critical Review, 1 (3), Summer 1987, pp. 133-34.

“The Roots of Apartheid,” (with Peter J. Boettke and David L. Prychitko), Critical Review, 1 (1), Winter 1986-87, pp. 115-22.

“Beyond Equilibrium Economics:  Reflections on the Uniqueness of the Austrian Tradition,” (with Peter J. Boettke and David L. Prychitko), Market Process, 4 (2), Fall 1986, pp. 6-9, 20-25.  Reprinted in The Market Process:  Essays on Contemporary Austrian Economics, Peter J. Boettke and David L. Prychitko, editors, Aldershot, UK:  Edward Elgar, 1994, pp. 62-79.  Reprinted in Modern Austrian Economics:  Archeology of a Revival, Volume 2:  The Age of Dispersal, Sandye Gloria-Palermo, general editor, London:  Pickering and Chatto, 2002, pp. 123-32.

Contributions to Edited Volumes:

“Profit is About Learning not Just Motivation,” in The Profit Motive in Education, James Stanfield, ed., London:  Institute for Economic Affairs, 2011, forthcoming (revised version of “Profit:  Not Just a Motive”).

“Spontaneous Order, Free Trade, and Globalization,” in The Elgar Companion to Hayekian Economics, Roger Garrison, ed., Aldershot, UK:  Edward Elgar, forthcoming.

From Rabbit Ears to Flat Screen:  It’s Getting Better All the Time!” (with Stewart Dompe), Homer Economicus: The Simpsons and Economics, Joshua C. Hall, ed., New York: Copernicus, 2011, forthcoming

The Great Recession and its Aftermath from a Monetary Equilibrium Theory Perspective,” (with William Luther), in The Global Financial Crisis: What Have We Learnt?, Steven Kates, ed., Aldershot, UK: Edward Elgar, 2011, forthcoming.

“Rush’s Libertarianism Never Fit the Plan,” Rush and Philosophy, Durrell Bowman and Jim Berti, eds., Open Court Press, 2011, pp. 255-71.

Doing the Right Things: The Private Sector Response to Hurricane Katrina as a Case Study in the Bourgeois Virtues,” in Accepting the Invisible Hand: Market-Based Approaches to Social Economic Problems, Mark D. White, ed., Palgrave Macmillan, 2010, pp. 169-90.

“Economic Analysis of the Family,” in 21st Century Economics:  A Reference Handbook Vol. 2, Rhona C. Free, ed., New York:  SAGE Publishing, 2010, pp. 577-84.

The Microeconomic Foundations of Macroeconomic Disorder:  An Austrian Perspective on the Great Recession of 2008,” in Macroeconomic Theory and its Failings: Alternative Perspectives on the Global Financial Crisis, Steven Kates, ed., Aldershot, UK: Edward Elgar, 2010, pp. 96-111.

“Introduction” in Japanese translation of a collection of articles by F. A. Hayek’s entitled  Writings in Economics, Itaru Shimazu, ed., Tokyo: Shunjusha Publishing, 2009, pp. 225-43.

“Family,” in The Encyclopedia of Libertarianism, Ronald Hamowy, ed., New York:  SAGE Publishing, 2008, pp. 165-66.

“Catallaxy, Competition, and 21st Century Capitalism:  An Agenda for Economics” in Future Directions for Heterodox Economics, John T. Harvey and Robert F. Garnett Jr., eds., Ann Arbor:  University of Michigan Press, 2008, pp. 225-39.

“Francisco d'Anconia on Money:  A Socio-economic Analysis,” in Ayn Rand's Atlas Shrugged: A Philosophical and Literary Companion, Edward W.Younkins, ed., Ashgate Publishing, 2007, pp. 235-46.

“Language, Monetary Exchange, and the Structure of the Economic Universe: An Austrian-Searlean Synthesis,” in Economics and the Mind, Barbara Montero and Mark White, eds., New York:  Routledge, 2007, pp. 75-88.

 “Monetary Disequilibrium Theory and Austrian Macroeconomics: Further Thoughts on a Synthesis,” in Money and Markets: Essays in Honor of Leland B. Yeager, Roger Koppl, ed., Routledge, 2006, pp. 166-85.

“Comparative Economic Systems” in Modern Applications of Austrian Thought, Jurgen Backhaus, editor, Routledge, 2005, pp. 576-611.

 “The Austrian Marginalists:  Menger, Bohm-Bawerk, and Wieser,” chapter 17 in The Blackwell Companion to the History of Economic Thought, Warren J. Samuels, Jeff E. Biddle, John B. Davis, editors, Malden, MA:  Blackwell, 2003, pp. 262-77.
Say's Law of Markets:  An Austrian Appreciation,” in Two Hundred Years of Say's Law: Essays on Economic Theory's Most Controversial Principle, Steven Kates, editor, Northampton, MA:  Edward Elgar, 2003, pp. 82-98.

“F. A. Hayek,” in Reader's Guide to the History of Science, London:  Fitzroy Dearborn, 2001, pp. 324-26.

Hierarchical Metaphors in Austrian Institutionalism:  A Friendly Subjectivist Caveat,” in Methodological Issues in the Subjectivist Paradigm:  Essays in Memory of Ludwig Lachmann, Roger Koppl and Gary Mongiovi, editors, Routledge, 1998.

“The Economics of Time and Money:  An Introduction to a Symposium on Austrian Macroeconomics,” Advances in Austrian Economics, 4, Greenwich, CT:  JAI Press, 1997.

“Inflation,” in The Elgar Companion to Austrian Economics, Peter J. Boettke, editor, Aldershot, UK:  Edward Elgar, 1994, pp. 402-07.

“Subjectivism,” in The Elgar Companion to Austrian Economics, Peter J. Boettke, editor, Aldershot, UK:  Edward Elgar, 1994, pp. 17-22.

“Does Eastern Europe Need a New (Marshall) Plan?” in The Collapse of Development Planning, Peter J. Boettke, editor, New York:  New York University Press, 1994, pp. 210-227.

“Poland and the Political Economy of Price Reform” in The Market Solution to Economic Development in Eastern Europe, Robert W. McGee, editor, Lewiston, New York:  Edwin Mellen, 1992, pp. 245-262.

Book Reviews:

Review of Kevin Dowd and Martin Hutchinson, Alchemists of Loss, Cato Journal, 31 (2), Spring/Summer 2011, forthcoming.

Review of George Selgin, Good Money, Review of Austrian Economics, 23 (4), December 2010, pp. 411-413.

Review of Jesus Huerta de Soto, The Austrian School:  Market Order and Entrepreneurial Creativity, History of Political Economy, 42 (3), Fall 2010, pp 593-95.

“Spontaneous Order and the Limits of Reason and Tradition,” review of Louis Hunt and Peter McNamara, editors, Liberalism, Conservatism, and Hayek’s Idea of Spontaneous Order, Research in the History of Economic Thought and Methodology, 28A, 2010, pp. 339-47.

Review of Steven Medema, The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas, Economic History Services website (, June 7, 2010, available at:

Fascism:  Italian, German, and American,” review of Jonah Goldberg, Liberal Fascism:  The Secret History of the American Left from Mussolini to the Politics of Meaning, The Independent Review, 13 (3), Winter 2009, pp. 441-46.

Review of Edward Feser, editor, The Cambridge Companion to Hayek, History of Political Economy, 40 (4), Winter 2008, pp. 712-13.

 “The Conventional Wisdom and the Pretense of Knowledge,” review of Richard Parker, John Kenneth Galbraith:  His Life, His Politics, and His Economics, Research in the History of Economic Thought and Methodology, 26A, 2008, pp. 255-62.

Review of Christopher Coyne, After War: The Political Economy of Exporting Democracy, Journal of Economic Behavior and Organization, 67 (3-4), September 2008, pp. 969-72.

Review of Jurgen G. Backhaus, editor, Entrepreneurship, Money, and Coordination:  Hayek's Theory of Cultural Evolution, Journal of the History of Economic Thought 29 (3), 2007, pp. 379-81.

Review of F. A. Hayek, The Road to Serfdom: Text and Documents, The Definitive Edition (part of the Collected Works of F. A. Hayek, edited by Bruce Caldwell), Economic History Services website (,, June 2007.

Review of Charles R. McCann, Jr., Individualism and Social Order:  The Social Element in Liberal Thought, History of Economic Ideas, 14 (1), 2006.

Review of Timothy Messer-Kruse, Banksters, Bosses, and Smart Money, Journal of American History, 92 (4), March 2006, pp. 1479-80.

Review of John Ermisch, An Economic Analysis of the Family, Journal of Economic Behavior and Organization, 58 (4),  December 2005, pp. 554-56.

F. A. Hayek:  Austrian Economist,” review essay on Bruce Caldwell's Hayek's Challenge and Alan Ebenstein's Hayek's Journey, Journal of the History of Economic Thought, 27 (1), March 2005, pp. 71-85.

Review of Chris Sciabarra, Total Freedom:  Toward a Dialectical Libertarianism, Review of Austrian Economics, 17 (4), December 2004, pp. 457-61.

 “From Revival to Flourishing:  Thirty Years of the Austrian School,” a review of Sandye Gloria-Palermo, ed., Modern Austrian Economics:  Archaeology of a Revival 3 vols, Journal of Economic Methodology 11 (2), June 2004,  pp. 249-61.

Review of Roger Koppl, Big Players and the Economic Theory of Expectations, Journal of Economic Literature 42 (2), June 2004, pp, 509-11.

Review of Kenneth Hoover, Economics as Ideology:  Keynes, Laski, Hayek, and the Creation of Contemporary Politics, available online at Economic History Services website (,, April 2004.

Review of Leland Yeager,  Ethics as Social Science:  The Moral Philosophy of Social Cooperation, available online at Hayek-L Archives, June 2001.

Review of F. A. Hayek, Good Money, Parts 1 and 2, The Collected Works of F. A. Hayek, volumes 5 and 6, edited with introductions by Stephen Kresge, Journal of the History of Economic Thought, 23 (1), March 2001, pp. 99-104.

Review of Allen J. Matusow, Nixon's Economy:  Booms, Busts, Dollars, and Votes, The Independent Review, 3 (4), March 1999, pp. 612-14.

Review of Nicolai Foss, The Austrian School and Modern Economics, Review of Austrian Economics, 11 (1/2), 1999, pp. 163-67.
Review of Stephen F. Frowen, ed., Hayek:  Economist and Social Philosopher:  A Critical Retrospect, available online at Economic History Services website (,, June 1998.

Review of Jack Birner and Rudy Van Zijp, eds., Hayek, Co-ordination, and Evolution, Southern Economic Journal, 62 (4), April 1996, pp. 1115-16.

Review of Raymond Vickers' Panic in Paradise:  Florida's Banking Crash of 1926, The Journal of American History, December 1995, pp. 1263-1264.

Review of Robert Holton and Bryan Turner's Max Weber on Economy and Society, Reason Papers 19, Fall 1994, pp. 127-131.

Review of Richard Timberlake's Monetary Policy in the United States, Constitutional Political Economy, 5 (1), Winter 1994, pp. 117-119.

“The Joy of Text,” review of David Colander's MacroeconomicsMarket Process, 5 (2), Fall 1987, pp. 28, 30.

Review of Lew Rockwell, ed., The Gold Standard:  An Austrian Perspective, Austrian Economics Newsletter, Summer 1987, pp. 9-11.


“Is a Nation Something That Can Be Built?” The Freeman, 61 (5), June 2011.

“The TSA Makes us Safer?  It Just Ain’t So!” (with Art Carden), The Freeman, 61 (2), March 2011, pp. 4-5.

 “The Poor are Not Getting Poorer,” Philadelphia Inquirer, January 26, 2011.  A similar version appeared in Atlanta Journal-Constitution, January 26, 2011.

“War Would End the Recession?  It Just Ain’t So!” The Freeman, 61 (1), January-February 2011, pp. 5-6.

“The TSA Body Count”  Washington Times, December 3, 2010.

“Even in This Economy, A Reason to be Thankful,” Philadelphia Inquirer, November 25, 2010.

“NFL’s helmet problem and bank failures,” Dallas Morning News, October 31, 2010, p 4P.

“Why Do Futurists Get So Much Wrong?” The Freeman, 60 (7), September 2010, pp. 30-32.

“Greece:  The Canary in the US Coal Mine?” The Freeman, 60 (6), July/August 2010, pp. 8-10.

Frequent columnist at “Ask the Professor,” Fraser Institute, Vancouver, BC, (2008 –2010).

“Democratie, deficit, et dette,” French translation of “Democracy, Deficit, and Debt,” L’Echo financial newspaper (Brussels, Belgium), May 24, 2010, p. 15.

“Markets and the Cost of Living: Response to Dr. Rodgers,” The Nassau Guardian, April 29, 2010, and The Tribune (Nassau, Bahamas) and Caribbean Net News, April 28, 2010.

“The Bahamas Needs Markets Free From Government Intervention, Not a ‘Plan’ For Recovery,” Bahamas Post, April 4, 2010. 

“Unintended Consequences,” The Freeman, 60 (2), March 2010, pp. 16-18.

“The Verizon Wireless Cure for Health Care Reform,” Christian Science Monitor,, February 4, 2010.

“Deflation:  The Good, the Bad, and the Ugly,” The Freeman, 60 (1), January-February 2010, pp. 30-34.

“Spontaneous Order,” part of the “Key Concepts in Free Markets” series, Fraser Forum, Vancouver, BC: Fraser Institute, December 2009, pp. 8-9.

The House That Uncle Sam Built: The Untold Story of the Great Recession of 2008 (with Peter J. Boettke), Foundation for Economic Education, 2009, (available at: ).

“The Real Six Causes of the Recession,” Montreal Economic Institute, November 24, 2009, available at:

“Fannie Med? Another Federal Financial Fraud on the Public?” Virginia News Source, October 25, 2009, available at:  Reprinted in The Fairfax Times, October 27, 2009, available at: .

Review of Thomas Woods, Meltdown, The Freeman, 59 (8), October 2009, pp. 43-44.

Everything You Always Wanted to Know About Economists (But Were Afraid to Ask)” (with Art Carden),, September 12, 2009.

 “Saving is Killing the Economy?  It Just Ain’t So!The Freeman, 59 (7), September 2009, pp. 6-7.

Polluting us with Debt,” commentary, Tampa Tribune, August 23, 2009.

F. A. Hayek and the Fatal Conceit of Barack Obama,” commentary, Richmond Times-Dispatch, August 2, 2009.

Ought Implies Can,” The Freeman, 59 (4), May 2009, pp. 34-36.

Money:  How it Works and Why,” part of the “Key Concepts in Free Markets” series, Fraser Forum, Vancouver, BC: Fraser Institute, April 2009, pp. 16-17.

The ‘Forgotten People’ are Already Doing Something for Economic Recovery,” Washington Examiner,, February 13, 2009.

“An Open Letter to My Friends on the Left,” Best Practices, 1 (1), Spring 2009, pp. 41-43. Published by the Lion Rock Institute of Hong Kong.  Excerpts reprinted in Canadian Student Review, Winter 2009, pp. 22-23.  Published by the Fraser Institute. Original online version at and translated into Dutch, Spanish, Portuguese, Serbian, and Polish at various websites.

The Free Market is Failing?  It Just Ain’t So!”  The Freeman, 58 (10), December 2008, pp. 6-7.

Untangling the Corporatist Knot,” and follow up discussion on “When Corporations Hate the Market”, Cato Unbound, November 2008, available at:

Government Regulation, Not Free-market Greed, Caused this Crisis,” Christian Science Monitor,, October 22, 2008.

The Declaration of Independence: A Radical Liberal Document,” Western Standard,, July 4, 2008.

Economists and Scarcity,” The Freeman, 58 (5), June 2008,  pp. 14-16.

Giving the Fed New Powers Ignores History,” op-ed, Cato Institute,, June 13, 2008.

Government Intervention is Needed to Solve the Housing Crisis? It Just Ain’t So,” The Freeman, 58 (4), May 2008, pp. 6-7.

Profit:  Not Just a Motive,” The Freeman, 58 (2), March 2008, pp. 21-23.

Making Hurricane Response More Effective: Lessons from the Private Sector and the Coast Guard During KatrinaPolicy Comment #17, Mercatus Center, Washington, DC, March 19, 2008.

 “Free-Market Money: A Key to Peace,” The Freeman, 58 (1), January-February 2008, pp. 13-15.

Capitalism and the Family,” The Freeman, July-August 2007, 57 (6), pp. 26-30.

Leftists for Hayek:  What Happens When a Socialist Applies the Insights of Austrian Economics?” review of Ted Burczak's Socialism After Hayek, Reason Magazine, July 2007, 39 (3), pp. 65-69.

Hayek and Freedom,” The Freeman, May 2006, 56 (4), pp. 26-28.

Free Trade and the Climb out of Poverty,” The Freeman, March 2005, 55 (2),  pp. 8-11.

Review of James A. Dorn, ed., “The Future of Money in the Information Age,The Freeman, 47 (12), December 1997, pp. 760-762

Understanding Say's Law of Markets,” The Freeman, 47 (1), January 1997, pp. 4-7.

Liberty and the Domain of Self-Interest,” The Freeman, 46 (11), November 1996, pp. 726-730.

“Looking Backward to Look Ahead,” review of the Durell Foundation's Money and Banking:  The American Experience, The Money Review, 1 (1), July 1996, pp. 24-26.

Banking and Freedom in the 50 years of FEE,” The Freeman, 46 (5), May 1996, pp. 310-14.

Thinking Carefully About Macroeconomics,” The Freeman, 45 (12), December 1995, pp. 781-784.

Review of Foundation for Economic Education's Inflation is Theft, The Freeman, 45 (6), June 1995, pp. 401-402.

Health Care Reform:  Deja Vu All Over Again,” (with Ronald M. Horwitz), The Freeman, 44 (12), December 1994, pp. 698-700.

Commercial Banking in a Free Society,” The Freeman, 44 (7), July 1994, pp. 370-373.

Review of Richard Timberlake's Monetary Policy in the United States, The Freeman, 44 (5), May 1994, pp. 266-67.

“Financial Services,” Chapter 20 in Coming Out of the Ice:  A Plan to Make the 1990s Illinois' Decade, Chicago:  The Heartland Institute, 1990, pp. 327-37.

“Safety, Service, and Stability:  Interstate Banking for the Midwest and Beyond,” Policy Study 28, The Heartland Institute, Chicago, November 17, 1989.  Excerpts reprinted in Consumer Research magazine, 73 (10), October 1990, pp. 22-25.

“Financial Deregulation and Antitrust,” Washington Antitrust Report, 2 (4), September 1988, pp. 1-2.

“What Not to Expect From Rational Expectations,” Nomos: Studies in Spontaneous Order, 6 (1), January/February 1988, pp. 18-21, 26-27.

Interstate Banking:  The Reform That Won't Go Away,” (with G. A. Selgin), Policy Analysis 97, Cato Institute, Washington, DC, December 15, 1987.

“Interstate Banking:  Toward a Competitive Financial System,” (with Michael Becker and Robert P. O'Quinn), Issue Alert 18, Citizens for a Sound Economy Foundation, Washington, DC, September 16, 1987.