Publications of Current Faculty

"Learning from a teacher who has stopped learning is like drinking from a stagnant pool." ~ Indonesian proverb

Sahar Miliani, “The Impact of Environmental Policy Stringency on Industrial R&D Conditional on Pollution Intensity and Relocation Costs," Environmental and Resource Economics, forthcoming.

Cynthia A. Bansak and Martha Starr, “Distributional Effects of the Housing-Market Bust” Review of Social Economy, forthcoming.

Steven G. Horwitz, “Some Austrian Reflections on Bronk’s ‘Epistemological Difficulties with Neoclassical Economics,’” Review of Austrian Economics, forthcoming.

Jeffrey T. Young, “Justice, Equity and Distribution: Adam Smith’s Answer to Rawls’s Difference Principle,” in conference volume edited by Manuel Knoll and Stephen Snyder (De Gruyter: forthcoming).

Steven G. Horwitz, Hayek’s Modern Family: Classical Liberalism and the Evolution of Social Institutions (New York: Palgrave Macmillan, 2015).

Cynthia A. Bansak and Julie Smith, “The College Fed Challenge:  An Innovation in Cooperative Learning” Eastern Economic Journal, Fall 2015.

Steven G. Horwitz, “Monetary Policy under Bernanke: A Variation on a Redistributionist Theme,” Journal of Private Enterprise Education, Fall 2015.

Cynthia A. Bansak, Brian Chezum and Animesh Giri, “Remittances, school quality, and household education expenditures in Nepal” IZA Journal of Migration, 27 August 2015.

Steven G. Horwitz and Petrik Runst, “Alienation and Rationality – The Retreat of Postwar Socialism,” Review of Austrian Economics, June 2015.

Steven G. Horwitz, “Inequality, Mobility, and Being Poor in America,” Social Philosophy and Policy, Spring 2015.

Steven G. Horwitz and Sarah Skwire, “Lady Pecunia at the Punching Office: Two Early Modern Poems About Coinage Crises” Journal of Private Enterprise, Spring 2015.

Cynthia A. Bansak, Catalina Amuedo-Dorantes and Allan Zebedee, “The Impact of Mandated Employment Verification Systems on State-level Employment by Foreign Affiliates.” Southern Economic Journal, April 2015.

Cynthia A. Bansak and Catalina Amuedo-Dorantes, “Employment Verification Mandates and the Labor Market Outcomes of Likely Unauthorized and Native Workers” Contemporary Economic Policy, July 2014.

Steven G. Horwitz “The Dangers of Deflation,” Atlantic Economic Journal, June 2014.

Cynthia A. Bansak and Lorien Rice, “The Effect of Welfare Asset Rules on Auto Ownership, Employment and Welfare Rolls:  A Longitudinal Analysis Using the 1996 Survey of Income and Program Participation (SIPP)” Contemporary Economic Policy, April 2014.

Steven G. Horwitz and Roger Koppl, Editors, Entangled Political Economy, Advances in Austrian Economics, volume 18 (Bingley, UK:  Emerald, 2014).

Jeffrey T. Young, “A Review of Some Recent Smith Scholarship,” Œconomia, March 2013.

Steven G. Horwitz and Michael J. McPhillips , “The Reality of the Wartime Economy: More Historical Evidence on Whether World War II Ended the Great Depression,” The Independent Review, Winter 2013.

Amos Witztum and Jeffrey T. Young, “Utilitarianism and the Role of Utility in Adam Smith,” European Journal of the History of Economic Thought, 2013.

Steven G. Horwitz “How Capitalism and the Bourgeois Virtues Transformed and Humanized the Family,” Journal of Socio-Economics (special issue on Deirdre McCloskey’s Bourgeois Virtues), 2012.

Jeffrey T. Young, Andrew Skinner, the Glasgow Edition, and Adam Smith,” Œconomica, September 2012.

Steven G. Horwitz, Roger Koppl and Laurent Dobuzinskis, Editors,  Experts and Epistemic Monopolies, Advances in Austrian Economics, volume 17, Emerald, 2012.

Catalina Amuedo-Dorantes  and Cynthia A. Bansak, “The Impact of Mandated Employment Verification on Labor Market Outcomes” American Economic Review, May 2012.

Cynthia A. Bansak, Mary Graham and Allan Zebedee “Business Cycles and Gender Diversification:  An Analysis of Establishment-Level Gender Dissimilarity,” American Economic Review, May 2012.

Anthony J. Evans and Steven G. Horwitz, “On Not Doing Due Diligence:  Bagus and Howden on Free Banking,” Review of Austrian Economics 2012.

Jeffrey T. Young, "Keppler's Adam Smith and the Economy of the Passions; Morality vs. Ethics?", in Jeffrey Biddle and Ross Emmett, eds. Research in the History of Economic Thought and Methodology, Volume 30-A, 2012.

Cynthia A. Bansak, Allan Zebedee and Mary Graham “The Effects of Gender Composition of Senior Management on the Economic Fallout” Applied Economics Letters, November 2011.

Steven G. Horwitz “Contrasting Concepts of Capital:  Yet Another Look at the Hayek-Keynes Debate,” Journal of Private Enterprise, Fall 2011.

Steven G. Horwitz “Austrian Economists and Liberal Arts Colleges as a Complementary Capital Combination,” Journal of Economic and Financial Education, Fall 2011.

Jeffrey T. Young, “Aspromourgos, Tony, The Science of Wealth; Adam Smith and the Framing of Political Economy,” The Adam Smith Review, 2011.

Steven G. Horwitz, “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.

Steven G. Horwitz, “Do We Need a Distinct Monetary Constitution?” (symposium in honor of James Buchanan), Journal of Economic Behavior and Organization, October 2011.

Catalina Amuedo-Dorantes  and Cynthia A. Bansak “The Impact of Amnesty on Labor Market Outcomes:  A Panel Study Using the Legalized Population Survey”  Industrial Relations, July 2011.

Steven G. Horwitz “Theory, History, and the Great Recession,” Review of Austrian Economics, 2011.

Steven G. Horwitz, “Unfortunately Unfamiliar with Robert Higgs and Others: A Rejoinder to Gauti Eggertsson on the 1930s,” Econ Journal Watch, January 2011.

Steven G. Horwitz, Roger Koppl and Pierre Desrochers, Editors, What’s So Austrian about Austrian Economics?, Advances in Austrian Economics, volume 14, 2010.

Michael A. Jenkins and Catherine Boulatoff, “Long-Term Nexus between Openness, Income, and Environmental Quality” International Advances in Economic Research, 2010.

Steven G. Horwitz, “Kirznerian Entrepreneurship as a Misesian Solution to a Hayekian Problem,” Journal of Private Enterprise, Spring 2010.

Cynthia Bansak, Heather Mattson, and Lorien Rice, “Cars, Employment, and Single Mothers: The Effect of Welfare Asset Restrictions, Industrial Relations, July 2010

Gene Callahan and Steven Horwitz, "The Role of Ideal Types in Austrian Business Cycle Theory" Advances in Austrian Economics, 2010.

Cynthia Bansak and Martha Starr, "Gender Differences in Students' Predispositions Towards Economics" Eastern Economic Journal, January 2010.

Jeffrey T. Young, Editor, The Elgar Companion to Adam Smith, Edward Elgar Publishers, 2010.

Steven Horwitz, "The Microeconomic Foundations of Macroeconomic Disorder: An Austrian Perspective on the Great Recession of 2008," in The Meltdown of the World Economy: Alternative Perspectives on the Global Financial Crisis, edited by Steven Kates, Edward Elgar, 2009.

Catalina Amuedo-Dorantes and Cynthia A. Bansak, “How do Mexican Migrants Affect Public Coffers? Changes in the Utilization and Contribution to Public Benefits in U.S. Border States” Labor Market Issues Along the U.S.-Mexico Border: Economic and Demographic Analyses, edited by Marie T. Mora and Alberto Dávila, The University of Arizona Press, 2009.

Steven Horwitz, "The Sensory Order and Organizational Learning," Advances in Austrian Economics, 2009.

Cynthia A. Bansak and Chris McLaren, "Parental Eligibility for Public Health Insurance: A Study of the State Children's Health Insurance Program and Child Coverage Rates" Applied Economic Letters, 2009.

Alison Del Rossi and W. Kip Viscusi, “The Changing Landscape of Blockbuster Punitive Damages Awards” American Law and Economics Review, October 2009.

Steven Horwitz, "Great Apprehensions, Prolonged Depression: Gauti Eggertsson on the 1930s," Econ Journal Watch, September 2009.

Cynthia Bansak and Brian Chezum, "How do Remittances Impact Human Capital Formation of School Age Boys and Girls?" American Economic Review, May 2009.

Steven Horwitz, "Wal-Mart to the Rescue: Private Enterprise's Response to Hurricane Katrina," The Independent Review, Spring 2009.

Steven Horwitz, "Best Responders: Post-Katrina Innovation and Improvisation by Wal-Mart and the U.S. Coast Guard," Innovations, Spring 2009.

Alan Lockard, “Campaign Expenditures Under Proportional Representation and Plurality Voting,” Journal of Public Finance and Public Choice/ Economia delle scelte Pubbliche, 2008.

Steven Horwitz, ": Educational Note: Three Contemporary Economic Myths About Income and Material Well-Being" Journal of Private Enterprise, Fall 2008.

Steven Horwitz, "Analogous Models of Complexity: The Austrian Theory of Capital and Hayek's Theory of Cognition as Adaptive Classifying Systems," Advances in Austrian Economics, 2008.

Jeffrey T. Young, "Law and Economics in the Protestant Natural Law Tradition: Samuel Pufendorf, Francis Hutcheson, and Adam Smith," Journal of the History of Economic Thought, Minisymposium on the History of Law and Economics, September 2008.

Alison F. Del Rossi and Joni Hersch, "Double Your Major, Double Your Return?" Economics of Education Review, August 2008.

Cynthia Bansak and Steven Raphael, "The State Children's Health Insurance Program and Job Mobility: Identifying Job Lock among Working Parents in Near-Poor Households" Industrial & Labor Relations Review, July 2008.

Michael Jenkins and Petya Madzharova, "Real Interest Rate Parity in the European Union" Applied Economics Letters, 2008.

Steven Horwitz, "Monetary Calculation and the Extension of Social Cooperation into Anonymity," Journal of Private Enterprise, Spring 2008.

Jeffrey T. Young, "The Humean Foundations of Adam Smith's Theory of Property," Journal of the History of Economic Thought, March 2008.

Steven Horwitz and Peter Lewin, "Heterogeneous Human Capital, Uncertainty, and the Structure of Plans: A Market Process Approach to Marriage and Divorce," Review of Austrian Economics, March 2008.

Cynthia A. Bansak, Norman Morin, and Martha Starr,"Technology, Capital Spending, and Capital Utilization," Economic Inquiry, July 2007.

Alan Lockard, “The Mischief of Faction: Before and After Madison,” Flinders Journal of History and Politics, 2007.

Catalina Amuedo-Dorantes, Cynthia A. Bansak, and Steven Raphael, "Gender Differences in the Labor Market: Impact of IRCA's Amnesty Provisions," American Economic Review, May 2007.

Jeffrey T. Young, "Adam Smith and New Institutional Theories of Property Rights,"Adam Smith Review, 2007.

Cynthia A. Bansak and Steven Raphael,"The Effects of State Policy Design Features on Take Up and Crowd Rates for the State Children's Health Insurance Program," Journal of Policy Analysis and Management, Winter 2007.

Amos Witztum and Jeffrey T. Young, "The Neglected Agent: Justice, Power and Distribution in Adam Smith," History of Political Economy, Fall 2006.

Cynthia A. Bansak with Catalina Amuedo-Dorantes, "Money Transfers among Banked and Unbanked Mexican Immigrants," Southern Economic Journal, October 2006.

Alan Lockard, “Note on Rent-Seeking and Committees using a Proportionate-Sharing Rule,” Public Choice, December 2006.

Cynthia A. Bansak and Steven Raphael,"Have Employment Relationships in the United States Become Less Stable?" International Advances in Economic Research, August 2006.

Bradley S. Wimmer and Brian Chezum, "Adverse Selection, Seller Effort, and Selection Bias," Southern Economic Journal, July 2006.

Jeffrey T. Young, "A Review of Leonidas Montes's, Adam Smith in Context: A Critical Reassessment of Some Central Components of His Thought," Research in the History of Economic Thought and Methodology, 2006.

Alan Lockard, “Another Consideration in Vote Dilution Remedies: Rent-seeking,” Review of Law & Economics, 2006.

Cynthia A. Bansak,"The Differential Wage Impact of Employer Sanctions on Latino Ethnic Subgroups," Social Science Quarterly, December 2005.

Steven Horwitz, "The Functions of the Family in the Great Society," Cambridge Journal of Economics, September 2005.

Michael Jenkins and Sean Snaith, "Tests of Purchasing Power Parity via Cointegration Analysis of Heterogeneous Panels with Consumer Price Indices," Journal of Macroeconomics, June 2005.

Alan Lockard, “Review of Samuel Kerner (ed.), James Madison: The Theory and Practice of Republican Government” Public Choice, April 2005.

Steven Horwitz, "Two Worlds at Once: Rand, Hayek, and the Ethics of the Micro and Macro-cosmos," Journal of Ayn Rand Studies, Spring 2005.

Catalina Amuedo-Dorantes, Cynthia A. Bansak, and Susan Pozo, "On the Remitting Pattern of Immigrants: Evidence from Mexican Survey Data," Federal Reserve Bank of Atlanta Economic Review, First Quarter 2005.

Jeffrey T. Young, "Unintended Order and Intervention: Adam Smith's Theory of the Role of the State," History of Political Economy, annual conference volume supplement, 2005.

Peter J. Boettke and Steven Horwitz, "The Limits of Economic Expertise: Prophets, Engineers, and the State in the History of Development Economics," History of Political Economy, annual conference volume supplement, 2005.

Alan Lockard, “Common Economic Principles Illustrated in Ordinary Classroom Activities,” Journal of Private Enterprise, Fall 2004.

Steven Horwitz, "Monetary Calculation and the Unintended Extended Order: The Misesian Microfoundations of the Hayekian Great Society," Review of Austrian Economics, December 2004.

Michael Jenkins, "Purchasing Power Parity and the Role of Traded Goods: Evidence from EU States," Applied Economics, July 2004.

Alison F. Del Rossi, Joni Hersch and W. Kip Viscusi, "Voter Preferences and State Regulation of Smoking," Economic Inquiry, July 2004.

Steven Horwitz, "Money and the Interpretive Turn: Some Considerations," Symposium, Summer 2004. Michael Jenkins, "Purchasing Power Parity Under the Euro" in Current Issues in European Integration edited by Y. Stivachtis (Athens: Atiner 2004).

Alan Lockard,  “Sortition,” in The Encyclopedia of Public Choiec editied by Charles Rowley and Friedrich Schneider (Dordrecht: Kluwer Academic Publishers, 2004).

Steven Horwitz, "Rand, Rush, and De-totalizing the Utopianism of Progressive Rock," Journal of Ayn Rand Studies, Fall 2003.

Brian Chezum and Bradley S. Wimmer, "An Empirical Examination of Quality Certification in a Lemons Market," Economic Inquiry, April, 2003.

Catalina Amuedo-Dorantes and Cynthia A. Bansak, "The Role of Contingent Work in the War Against Poverty," Chicago Policy Review, Spring 2003.

Steven Horwitz, "The Costs of Inflation Revisited," Review of Austrian Economics, March 2003.

Alan Lockard, “Sortition: A Means to Reduce Rent-seeking”, Public Choice, 2003.

Jeffrey T. Young, "Adam Smith and the Physiocrats: Contrasting Views of The Law of Nature," History of Economic Ideas, X/2002/3.

Steven Horwitz, "Entrepreneurship, Exogenous Change, and the Flexibility of Capital," Journal des Economistes et des Etudes Humaines, March 2002.

Steven Horwitz, "Comment on Boettke & Subrick and Faulkner," Journal of Economic Methodology, March 2002.

Steven Horwitz, "From Smith to Menger to Hayek: Liberalism in the Spontaneous Order Tradition," The Independent Review, Summer 2001.

Jeffrey T. Young, "The Economics of Thomas Robert Malthus, by Samuel Hollander," in Research in the History of Economic Thought and Methodology, Volume 19A, edited by Jeff E. Biddle and Warren J. Samuels (Amsterdam, NL: Elsevier-JAI, 2001)

Cynthia A. Bansak and Steven Raphael, "Immigration Reform and the Earnings of Latino Workers: Do Employer Sanctions Cause Discrimination?" Industrial and Labor Relations Review, January 2001. Reprinted in Immigration and Nationality Law Review, Volume 22, the University of Cincinnati College of Law, 2003.

Jeffrey T. Young, "From Adam Smith to John Stuart Mill: Samuel Hollander and the Classical Economists," in Historians of Economic Thought: The Construction of Disciplinary Memory edited by Steven Medema and Warren Samuels (New York: Routledge, 2001).

Brian Chezum, Bradley S. Wimmer, and Anthony M. Townsend, "Information Technologies and the Middleman: The Changing Role of Information Intermediaries in and Information-Rich Economy," Journal of Labor Research, Summer 2000.

Michael Jenkins and Christopher Tsoukis, "Nominal Inertia and Shock Persistence in UK Business Cycles." Applied Economics, June 2000.

Steven Horwitz, "From The Sensory Order to the Liberal Order: Hayek's Non-rationalist Liberalism," Review of Austrian Economics, March 2000.

Brian Chezum and Bradley S. Wimmer, "Evidence of Adverse Selection From Thoroughbred Wagering," Southern Economic Journal, January 2000.

Jeffrey T. Young, "Justice Versus Expediency: The Wealth of Nations as an Anti-Political Economy," in Reflecting on the Canon, Essays in Honor of Samuel Hollander edited by Evelyn Forget and Sandra Peart (New York: Routledge, 2000).

Alan Lockard and Gordon Tullock, Editors, Efficient Rent Seeking: Chronicle of an Intellectual Quagmire  (Boston: Kluwer Academic Publishers, 2000).

Alan Lockard, “Gordon Tullock: Master of the Muck and Mire” in Efficient Rent Seeking, edited by Alan Lockard and Gordon Tullock (Boston: Kluwer Academic Publishers, 2000).

Jeffrey T. Young, "Adam Smith's Two Views of the Market," in Knowledge, Division of Labour and Social Institutions edited by Pier Luigi Porta, Roberto Scazzieri, and Andrew Skinner (Cheltenham, UK: Edward Elgar Publisher, 2000).

Steven Horwitz, "Money, Money Prices, and the Socialist Calculation Debate," Advances in Austrian Economics, 1996. Reprinted in Socialism and the Market: The Socialist Calculation Debate Revisited, Vol. IX, edited by Peter J. Boettke (New York: Routledge, 2000).

Alan Lockard, “Why Constitutional Protection of Property Rights becomes Less Certain over Time.” Journal of Private Enterprise, Spring 2000.

Steven Horwitz, Microfoundations and Macroeconomics: An Austrian Perspective (New York: Routledge, 2000).

Alison F. Del Rossi and Owen R. Phillips, "Pretrial Bargaining in the Face of a Random Court Decision: Evidence from Laboratory Games," Journal of Risk and Uncertainty, October 1999.

Michael Jenkins, "Real Exchange Rates and Hysteresis: Does Nominal Exchange Rate Volatility Matter?" Applied Economics Letters, June 1999

Alison F. Del Rossi and Robert P. Inman, "Changing the Price of Pork: The Impact of Local Cost Sharing on Legislators' Demands for Distributive Public Goods," Journal of Public Economics, 1999.

Steven Horwitz, "Monetary Calculation and Mises's Critique of Planning," History of Political Economy, Fall 1998.

Robert A. Blewett and Michael F. Farley, "Institutional Constraints on Entrepreneurship in Kenya's Popular Music Industry" in African Entrepreneurship: Theory and Reality edited by Anita Spring and Barbara E. McDade (Gainesville, FL: University of Florida Press, 1998).

Steven Horwitz, "Keynes and Capitalism One More Time: A Further Reply to Hill," Critical Review, Winter-Spring 1998.

Brian Chezum and John Garen, "Are Union Productivity Effects Overestimated?: Evidence from Eastern Kentucky Coal Mines," Applied Economics, 1998.

Brian Chezum and Bradley S. Wimmer, "Roses or Lemons: Adverse Selection in the Market for Thoroughbred Yearlings," Review of Economics and Statistics, August, 1997.

Michael Jenkins, "Cities, Borders, Distances, Non-Traded Goods and Purchasing Power Parity," Oxford Bulletin of Economics and Statistics, May 1997.

Steven Horwitz, "Labor Market Coordination and Monetary Equilibrium: W. H. Hutt's Place in ‘Pre-Keynesian' Macro," Journal of Labor Research, Spring 1997.

Jeffrey T. Young, "Justice and Price: Reply to John Salter," History of Political Economy, Winter, 1997.

Brian Chezum and John Garen, "Market Power and Price: Theory and Evidence on Labor Unions," Eastern Economic Journal, Winter, 1997.

Jeffrey T. Young, "Classical Economics" in Encyclopedia of Keynesian Economics edited by T. Cate (Cheltenham, UK: Edward Elgar Publisher, 1997).

Jeffrey T. Young, Economics as a Moral Science: The Political Economy of Adam Smith (Cheltenham, UK: Edward Elgar Publisher, 1997).

Peter J. Boettke and Steven Horwitz, editors, Advances in Austrian Economics, volume 4, (Greenwich, CT: JAI Press, 1997). Steven Horwitz, "Reply to Cottrell," Journal of the History of Economic Thought, Fall 1996.

Steven Horwitz, "Capital Theory, Inflation, and Deflation: The Austrians and Monetary Disequilibrium Theory Compared," Journal of the History of Economic Thought, Fall 1996.

Reprinted in The Legacy of Friedrich von Hayek, Vol III: Economics, edited by Peter J. Boettke (Cheltenham UK: Edward Elgar, 2000). Steven Horwitz, "Keynes on Capitalism: Reply to Hill," Critical Review, Summer 1996.

Brian Chezum and John Garen, "A Model of Monopoly and 'Efficient' Unions With Endogenous Coverage: Positive and Normative Implications," Journal of Labor Research, Summer 1996.

Michael Jenkins, "Central Bank Independence and Inflation Performance: Panacea or Placebo?" Banca Nazionale del Lavoro Quarterly Review, June 1996. Reprinted as "Autonomia della banca centrale e inflazione: panacea o placebo?" Moneta E Credito, September 1996.

Michael Jenkins, "International Monetary Policy" in Investment Banking: Theory and Practice, edited by E.P.M. Gardener and P. Molyneux (London: Euromoney Books, 1996).

Michael Jenkins, "Global Intermediation and International Finance" in Investment Banking: Theory and Practice, edited by E.P.M. Gardener and P. Molyneux (London: Euromoney Books, 1996).

Barry Gordon and Jeffrey T. Young, "Distributive Justice as a Normative Criterion in Adam Smith's Political Economy," History of Political Economy, 1996.

Steven Horwitz, "Feminist Economics: An Austrian Perspective," Journal of Economic Methodology, December 1995. Alison F. Del Rossi, "The Politics and Economics of Pork Barrel Spending: The Case of Federal Financing of Water Resources Development,"Public Choice, December 1995.

Robert A. Blewett, "Property Rights as a Cause of the Tragedy of the Commons: Institutional Change and the Pastoral Maasai of Kenya," Eastern Economic Journal, Fall 1995. 

Michael Jenkins and John Rogers, "Haircuts or Hysteresis? Sources of Movements in Real Exchange Rates," Journal of International Economics, May 1995.

Jeffrey T. Young, "Natural Jurisprudence and the Theory of Value in Adam Smith," History of Political Economy, 1995.

Robert A. Blewett and Jeffrey T. Young, "When Aggregate Demand is Not Aggregate Demand: A Pedagogical Note on the Aggregate Demand and Supply Model," New York Economic Review, 1995.