Faculty Writing and Media

  • James T Bennett

    Research Interests: Labor economics and political economy

    Selected Publications


    Paid Patriotism? The Debate over Veterans' Benefits (2017)

    Subsidizing Culture: Taxpayer Enrichment of the "Creative" Class (2016) 

    Corporate Welfare: Crony Capitalism That Enriches the Rich (2015)

    Mandate Madness: How Congress Forces States and Localities to Do Its Bidding and Pay for the Privilege (2014)

    They Play, You Pay: Why Taxpayers Build Ballparks, Stadiums, and Arenas for Billionaire Owners and Millionaire Players (2012)

    Doomsday Lobby: Hype and Panic from Sputniks, Martians, and Marauding Meteors (2010)

    Not Invited the the Party: How the Demopublicans Have Rigged the System and Left Independents Out in the Cold (2009)

    Stifling Political Competition: How Government Has Rigged the System to Benefit Demopublicans and Exclude Third Parties (2008)

    The Politics of American Feminism: Gender Conflict in Contemporary Society (2007)

    Homeland Security Scams (2006)

    Information Technology and the World of Work (2004)

    Tax Funded Politics (2004)

    The Future of Private Sector Unionism in the United States (2004)

    Public Health Profiteering (2001)

    From Pathology to Politics: Public Health in America (2000)

    The Food and Drink Police: America's Nannies, Busybodies, and Petty Tyrants (1999)

    CancerScam: The Diversion of Federal Cancer Funds to Politics (1998)

    Unhealthy Charities: Hazardous to Your Health and Wealth (1994)

    Official Lies: How Washington Misleads Us (1992)

    Health Research Charities II: The Politics of Fear (1991)

    Health Research Charities: Image and Reality (1990)

    Unfair Competition: The Profits of Nonprofits (1988)

    Destroying Democracy: How Government Funds Partisan Politics (1986)

    Underground Government: The Off-Budget Public Sector (1983)

    Deregulating Labor Relations (1981)

    Better Government at Half the Price (1981)

    The Political Economy of Federal Government Growth (1980)

  • Peter J Boettke

    Research Interests: Austrian economics, institutional economics, and comparative economics

    Selected Publications


    Authored Books

    Living Economics: Yesterday, Today and Tomorrow, Oakland, CA: The Independent Institute and Universidad Francisco Marroquin, 2012. Spanish e-book translation, 2013. Romanian Translation, 2013.

    The Economic Way of Thinking, (with Paul Heyne [original author] and David Prychitko, preface by Douglass North), 10th ed., 2002; 11th ed., 2005; 12th ed., 2009; 13th ed., 2013, Upper Saddle River, NJ: Prentice Hall.

    The Battle of Ideas: Economics and the Struggle for a Better World, (The Sir Ronald Trotter Lecture), Wellington, NZ: NZBR, 2007.

    Is an Independent Non-Profit Sector Prone to Failure?, (with David Prychitko), In Lenore Ealy, ed, Conversations in Philanthropy series. Indianapolis, IN: The Philanthropic Enterprise, 2004.

    Calculation & Coordination: Essays on Socialism and Transitional Political Economy, In Mario Rizzo and Lawrence H. White, eds, Foundations of the Market Economy series, London: Routledge, 2001.

    Why Perestroika Failed: The Politics and Economics of Socialist Transformation, London: Routledge, 1993. The Political Economy of Soviet Socialism: The Formative Years, 1918-1928, Boston: Kluwer Academic Publishers, 1990.

    For a full listing of Professor Boettke's research and publications, please visit his personal webpage www.peter-boettke.com/research/

  • Tyler Cowen

    Research Interests: Monetary theory, financial economics, and welfare economics

    Selected Publications


    Average Is Over: Powering America Beyond the Age of the Great Stagnation (Dutton: 2013)

    An Economist Gets Lunch: New Rules for Everyday Foodies (Dutton: 2012)

    The Great Stagnation: How America Ate All the Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better (Dutton: 2011)

    Modern Principles of Economics, coauthored with Alex Tabarrok (Worth: 2009)

    The Age of the Infovore (aka Create Your Own Economy: The Path to Prosperity in a Disordered World) (Dutton: 2009)

    Discover Your Inner Economist: Use Incentives to Fall in Love, Survive Your Next Meeting, and Motivate Your Dentist (Dutton: 2007)

    Markets and Cultural Voices: Liberty vs. Power in the Lives of Mexican Amate Painters (University of Michigan Press: 2005)

    Creative Destruction: How Globalization is Changing the World’s Cultures (Princeton University Press: 2004)

    Good & Plenty: The Creative Successes of American Arts Funding (Princeton University Press: 2004)

    Market Failure or Success: The New Debate, coeditor (Edward Elgar Publishing: 2004)

    What Price Fame? (Harvard University Press: 2002)

    In Praise of Commercial Culture (Harvard University Press: 2000)

  • Christopher Coyne

    Research Interests: Austrian economics, development economics, political economy

    Selected Publications


    Perfecting Tyranny: Foreign Intervention and the Loss of Liberty at Home (under contract with Stanford University Press)

    Doing Bad by Doing Good: Why Humanitarian Action Fails (2013, Stanford University Press)

    Media, Development and Institutional Change (2009, Edward Elgar Publishing)

    After War: The Political Economy of Exporting Democracy (2007, Stanford University Press)

    Edited Books

    The Oxford Handbook of Austrian Economics (2015, Oxford University Press) (co-edited with Peter J. Boettke)

    Flaws and Ceilings: Price Controls and the Damage They Cause (2015, London: Institute for Economic Affairs) (with R. Coyne)

    The Handbook on the Political Economy of War (2011, Edward Elgar Publishing) (w R. Mathers)

    For a complete listing of Professor Coyne's publications, please refer to his personal website www.ccoyne.com.

  • Timothy Groseclose

    Research Interests: Public choice, game theory, sports economics

    Selected Publications

    Left Turn: How Liberal Media Bias Distorts the American Mind and Cheating: An Insider's Report on the Use of Race in Admissions at UCLA.

    He has published articles in several scholarly journals, including the American Economic Review, Quarterly Journal of Economics, American Political Science Review, and American Journal of Political Science.

  • Robin D Hanson

    Research Interests: Health economics, political economy

    Selected Publications


    The Elephant In The Brain: Hidden Motives in Everyday Life, with Kevin Simler, Oxford University Press, spring 2017.

    The Age of Em: Work, Love and Life When Robots Rule The Earth, Oxford University Press, June 1, 2016.

    The Hanson-Yudkowsky AI-Foom Debate, with Eliezer Yudkowsky, Berkeley, CA: Machine Intelligence Research Institute. 2013.


    Peer Reviewed Publications

    Are Disagreements Honest?, with Tyler Cowen, Journal of Economic Methodology, to appear.

    Shall We Vote on Values, But Bet on Beliefs?, Journal of Political Philosophy, 21(2):151-178, June, 2013.

    Meet The New Conflict, Same As The Old Conflict, Journal of Consciousness Studies 19(1-2):119-125, 2012.

    Gaming Prediction Markets: Equilibrium Strategies with a Market Maker, with Yiling Chen, Stan Dimitrov, Rahul Sami, Daniel Reeves, David Pennock, Lance Fortnow, Rica Gonen, Algorithmica, 58(4):930-969, 2010.

    On Market Maker Functions, Journal of Prediction Markets 3(1):61-63, April 2009.

    A Manipulator Can Aid Prediction Market Accuracy, with Ryan Oprea, Economica, 76(302):304-314, April, 2009.

    An Experimental Test of Combinatorial Information Markets, with John Ledyard, Takashi Ishikida, Journal of Economic Behavior and Organization 69:182-189, 2009.


    Book chapters

    Decision Markets As Meta-Policy, pp. 109-112, In Reviving Economic Growth: Policy Proposals from 51 Leading Experts, Ed. Brink Lindsey, Cato Institute, September 29, 2015.

    A Tale Of Two Transitions, in The End of the Beginning: Life, Society and Economy on the Brink of the Singularity, ed. Ben Goertzel, Ted Goertzel, pp. 70-80, Humanity+ Press, May 15, 2015.

    What Will It Be Like To Be An Emulation? pp.298-309 in ed. Russell Blackford, Damien Broderick, Intelligence Unbound: The Future of Uploaded and Machine Minds, Wiley, August 18, 2014.

    Comments on "Intelligence Explosion: Evidence and Import," pp.41-42, and Comments on "Some Economic Incentives Facing a Business that Might Bring About a Technological Singularity," p.159. in Singularity Hypotheses: A Scientific and Philosophical Assessment, ed. Amnon H. Eden, James H. Moor, Johnny H. Søraker, Eric Steinhart, Springer, 2013.


    Other Publications

    First, we will upload brains to computers. Then, those computers will take over the world, Tech Insider, April 30, 2016.

    The "Em" Economy: Imagine a future dominated by brain emulation robots, Angle Journal 13, June 22, 2015. 

    How to Survive a Robot Uprising, Reason 46(11), April 1, 2015.

    Should Earth Shut the Hell Up?, Pascal's Alien Wager, Slow Growth Is Plenty Fast, Adapted Aliens, and Selection Is Coming, Cato Unbound, December 2014.

    Regulating Infinity, Global Government Venturing, pp.30-31, September 2014.

    When the Economy Transcends Humanity, The Futurist, January-February, 2014.

    Who Cares About Forecast Accuracy?, Cato Unbound, July 2011.

  • Daniel E Houser

    Research Interests: Chair of Department Experimental statistics and methods, emotion and individual differences, political economy

    Selected Publications


    "Ethics and advances in economic science: The role of two norms”, with Jingnan Chen and Angelina Christie. In George DeMartino and Deirdre McCloskey (Eds), Handbook on Professional Economic Ethics: Views from the Economics Profession and Beyond. Oxford University Press, 2016.

    "Adaptive Procedures for Wilcoxon-Mann-Whitney Tests: Seven Decades of Advances”, with Li Hao. Communications in Statistics: Theory and Methods, 2015.

    "Dissociable Contribution Of Prefrontal And Striatal Dopaminergic Genes To Learning In Economic Games", with Ming Hsu, Eric Set, et al. Proceedings of the National Academy of Sciences of the United States of America, 2014.

    "Raising the price of talk: An experimental analysis of transparent leadership,” with David Levy, Kail Padgitt, Sandra Peart and Erte Xiao. Journal of Economic Behavior and Organization, 2014.

    "House money effects on trust and reciprocity”, with Erte Xiao. Public Choice, 2014.

    2014. “Neural Signatures of Betrayal Aversion: An fMRI Study of Trust”, with Jason Aimone and Bernd Weber. Proceedings of the Royal Society B, 7 May, vol. 281 no. 178220132127

    2014. “The Costs of Conflict”, with Adam Smith, Peter Leeson and Ramin Ostad. Journal of Economic Behavior and Organization, 97, 61-71.

    2014 “Experimental Economics and Experimental Game Theory”, with Kevin McCabe. In Paul Glimcher & Ernst Fehr (eds.), Neuroeconomics: Decision Making and the Brain. 2nd edition. Academic Press. 19-34.

    2013 “Analysis of nonstationary dynamics in the financial system”, with Samar K. Guharay, Gaurav S. Thakur, Fred J. Goodman and Scott L. Rosen. Economics Letters, 454-457.

    2013 “High stakes behavior with low payoffs: Inducing preferences with Holt-Laury gambles”, with John Dickhaut, Jason Aimone, Dorina Tila and Cathleen Johnson. Journal of Economic Behavior and Organization, 94, 183-189.

    2013 “Cooperation during cultural group formation promotes trust towards members of outgroups”, with Xiaofei (Sophia) Pan. Proceedings of the Royal Society B, 07 July, vol 280, no. 1762, doi:10.1098/rspb.2013.0606

    2013 “Harnessing the benefits of betrayal aversion”, with Jason Aimone. Journal of Economic Behavior and Organization, 89: 1-8. (Lead volume article)

    2013 “The causal effect of market priming on trust: An experimental investigation using randomized control”, with Omar Al-Ubaydli, John Nye, Maria Pia Paganelli, Xiaofei (Sophia) Pan. PLoS ONE 8(3): e55968. doi:10.1371/journal.pone.0055968.

    2013 “Temptation at Work,” with Alessandro Bucciol and Marco Piovesan. PLoS ONE, 8(1): e53713. doi:10.1371/journal.pone.0053713

    2012 “What you don’t know won’t hurt you: A laboratory analysis of betrayal aversion”, with Jason Aimone. Experimental Economics, 15:4, 571-588.

    2012 “Fairness and Cheating”, with Stefan Vetter and Joachim Winter. European Economic Review, 56:8, 1645-1655.

    2012 “Non-human primate studies inform the foundation of fair and just human institutions”, with Jingnan Chen, Social Justice Research, 25:3, 277-297.

    2012 “Private and Public Decisions in Social Dilemmas: Evidence from Children's Behavior”, with Natalia Montinari and Marco Piovesan. PLoS ONE 7(8):e41568.doi:10.1371/journal. pone.0041568.

    2012 “The life and times of Gordon Tullock,” with Charles Rowley. Public Choice, 152: 3-27

    2012 “Gordon Tullock and Experimental Economics”, with Thomas Stratmann. Public Choice, 152 2012 “Belief elicitation in the presence of naive participants: An experimental study,” with Li Hao, Journal of Risk and Uncertainty, 44:2, 161-180.


  • Noel D Johnson

    Research Interests: My research interests include: The historical origins of modern liberal institutions. The relationship between state capacity and economic growth. The impact of environmental shocks on institutional change and economic outcomes. Applied Econometrics with a particular emphasis on spatial data. Identification and Causality.

    Selected Publications

    2016     Franck, R. and Johnson, N. D. (2016). Can public policies lower religiosity? Evidence from school choice in France, 1878-1902. The Economic History Review.
    2016     Anderson, R. W., Johnson, N. D., and Koyama, M. (2016). Jewish persecutions and weather shocks: 1100-1800. The Economic Journal.
    2015     Johnson, N. D., Koyama, M., and Nye, J. V. C. (2015). Establishing a new order: The growth of the state and the decline of witch trials in France. In Greif, A., Kiesling, L., and Nye, J. V. C., editors, Institutions, Innovation, and Industrialization, Princeton University Press
    2014     Johnson, N. D. and Koyama, M. (2014b). Taxes, lawyers, and the decline of witch trials in France. Journal of Law & Economics, 57(1)
    2014     Johnson, N. D. and Koyama, M. (2014a). Tax farming and the origins of state capacity in England and France. Explorations in Economic History, 51:1-20 (Lead Article)
    2014  Johnson, N. D., Ruger, W., Sorens, J., and Yamarik, S. (2014). Corruption, regulation, and growth: An empirical study of the United States. Economics of Governance, 15(1):51-69 
    2014     Franck, R., Johnson, N. D., and Nye, J. V. C. (2014). From internal taxes to national regulation: Evidence from a French wine tax reform at the turn of the twentieth century. Explorations in Economic History, 51:77-93
    2013     Johnson, N. D. and Koyama, M. (2013). Legal centralization and the birth of the secular state. Journal of Comparative Economics, 41(4):959-978 (Lead Article)
    2012     Johnson, N. D. and Mislin, A. (2012). How much should we trust the world values survey trust question? Economics Letters, 116:110-112
    2011     Johnson, N. D. and Mislin, A. (2011). Trust games: A meta-analysis. Journal of Economic Psychology, 32:865-889
    2011     Johnson, N. D. and Nye, J. V. C. (2011). Does fortune favor dragons? Journal of Economic Behavior and Organization, 78(1-2)
    2011     Johnson, N. D., Lafountain, C. L., and Yamarik, S. (2011). Corruption is bad for growth (even in the United States). Public Choice, 147(3-4):377-393
  • Garett Jones

    Research Interests: Macroeconomics, economic growth, monetary economics, economics of institutions, behavioral economics, public choice

    Selected Publications

    Anomaly, Jonathan, and Garett Jones (2020). Cognitive Enhancement and Network Effects: how Individual Prosperity Depends on Group Traits. Philosophia.

    Al-Ubaydli, Omar, Garett Jones, and Jaap Weel (2016). Average player traits as predictors of cooperation in a repeated prisoner's dilemma. Journal of Behavioral and Experimental Economics.

    Jones, Garett (2013). The O-Ring Sector and the Foolproof Sector: An Explanation for Skill Externalities. Journal of Economic Behavior and Organization, lead article.

    Jones, Garett. (2012). Cognitive skill and technology diffusion: An empirical test. Economic Systems.

    Nye, John V.C., Grigory Androuschak, Desirée Desierto, Garett Jones, Maria Yudkevich (2012). 2D:4D Asymmetry and Gender Differences in Academic Performance. PLoS ONE.

    Jones, Garett and Tim Kane (2012). U.S. Troops and Economic Growth: Regression analysis with robustness tests. Defence and Peace Economics.

    Jones, Garett (2011). National IQ and National Productivity: The Hive Mind Across Asia. Asian Development Review.

    Jones, Garett (2010). Speed Bankruptcy: A Firewall to Future Crises. Journal of Applied Corporate Finance.

    Jones, Garett and W. Joel Schneider (2010). IQ in the Production Function: Evidence from Immigrant Earnings, Economic Inquiry.

    Jones, Garett (2008). Are Smarter Groups More Cooperative? Evidence from Prisoner's Dilemma Experiments, 1959-2003. Journal of Economic Behavior and Organization.

    Hafer, R.W., Joseph Haslag, and Garett Jones (2007). On Money and Output: Is Money Redundant? Journal of Monetary Economics.

    Jones, Garett and W. Joel Schneider (2006). Intelligence, Human Capital, and Economic Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach, Journal of Economic Growth.

  • Daniel B Klein

    Research Interests: Policy economics, political economy, political culture, economic characterology, Adam Smith, Mercatus affiliation

    Selected Publications


    Author: Knowledge and Coordination: A Liberal Interpretation. Oxford University Press, 2012 (paperback 2013). 

    Co-editor (with F.E. Foldvary): The Half-Life of Policy Rationales: How New Technology Affects Old Policy Issues, a volume about how new technology makes obsolete many of the standard arguments against free enterprise.  New York University Press, 2003. 

    Editor: What Do Economists Contribute?, a volume of previous published articles by R. Coase, T. Schelling, F. Hayek, F. Graham, W. Hutt, I. Kirzner, D. McCloskey, C. Philbrook, and G. Tullock on being an economist; the central theme is that what society most needs from economists is instruction and enlightenment in the basics of the discipline.  New York: New York University Press (softback and hardback), 1999; London: Macmillan (hardback), 1999.  London: Palgrave (softback edition), 2001. [Chinese translation: Law Press, China, 2005.] 

    Editor:  Reputation: Studies in the Voluntary Elicitation of Good Conduct, an interdisciplinary volume of articles, mostly previously published, on the emergence and maintenance of reputation and trust by nongovernmental means.  Ann Arbor: University of Michigan Press, 1997. 

    Co-author: Curb Rights: A Foundation for Free Enterprise in Urban Transit  (with A. Moore and B. Reja).  Washington, DC: Brookings Institution, Washington D. C., 1997.  The book argues that curb zones and bus stops are a crucial component of transit services.  Many problems of urban transit can be traced to the commons problem existing at the curb.  Privatizing curb zones in five-year leases would create a foundation for free enterprise in urban transit.  The book won a 1998 Sir Antony Fisher International Memorial Award from the Atlas Foundation.  It has been reviewed in JEL, EJ, SEJ, Trans. Res., JAPA, Regulation, and elsewhere. [Korean translation: Korean Research Institute of Transportation Industries, 2005.]

  • Mark Koyama

    Research Interests: Economic History

    Selected Publications

    "Persecution and Toleration: The Long Road to Religious Freedom", with Noel D. Johnson, Cambridge University Press. Cambridge 2019. Amazon Website

    “The Economic Impact of the Black Death,” The Journal of Economic Literature, with Remi Jedwab and Noel D. Johnson. 2020, Forthcoming.

    “Negative Shocks and Mass Persecutions: Evidence from the Black Death” with Remi Jebwab and Noel D Johnson. Journal of Economic Growth, vol. 24 (4), December 2019, pp. 345-395.

    “Plague, Politics, and Pogroms: The Black Death, the Rule of Law, and the persecution of Jews in the Holy Roman Empire” with Theresa Finley Journal of Law & Economics, vol 61 (2), May 2018, pp 253-277. 

    "Unified China and Divided Europe” with Chiu Yo Ko and Tuan-Hwee Sng, International Economic Review," vol. 59. 1, February 2018

    “Jewish Communities and City Growth in Preindustrial Europe,” with Noel D. Johnson Journal of Development Economics, vol. 127, July 2017, pp. 339-354  

    “Jewish Persecutions and Weather Shocks, 1100-1800” with Robert Warren Anderson and Noel Johnson.’ Economic Journal, vol. 127, 602, June 2017, pp. 924--958.

    Taxes, Lawyers, and the Decline of Witchcraft Trials in France” with Noel D. Johnson. Journal of Law and Economics, vol. 57,  1, February  2014.  

    Tax Farming and the Origins of State Capacity in England and France” with Noel D. Johnson. Explorations in Economic History vol. 51,1, pp. 1-20 January 2014 


  • Cesar A Martinelli

    Research Interests: Economic theory, game theory, political economy, experimental economics

    Selected Publications

    Electoral Accountability and Responsive Democracy, with John Duggan, Economic Journal, vol. 130 (2020) 675–715

    Cheating and Incentives: Learning from a Policy Experiment, with Susan W. Parker, Ana Cristina Pérez-Gea, and Rodimiro Rodrigo, American Economic Journal: Economic Policy, vol. 10 (2018) 298–325

    The Political Economy of Dynamic Elections: Accountability, Commitment and Responsiveness, with John Duggan, Journal of Economic Literature, vol. 55 (2017) 916–984

    A Spatial Theory of Media Slant and Voter Choice, with John Duggan, Review of Economic Studies, vol. 78 (2011) 640–666

    Deception and Misreporting in a Social Program, with Susan W. Parker, Journal of the European Economic Association, vol. 7 (2009) 886–908

    Would Rational Voters Acquire Costly Information?, Journal of Economic Theory, vol. 129 (2006) 225–251


  • Jonathan F Schulz

    Research Interests: Cultural Economics, Economic History, Experimental Economics

    Selected Publications

    The Church, intensive kinship, and global psychological variation (2019). Science, 366, 6466 (with D. Bahrami-Rad, J. Beauchamp, & J. Henrich)

    The Moral Machine Experiment (2018). Nature, 563, 59-64 (with E. Awad, S. Dsouza, R. Kim, J. Henrich, A. Shariff, J.-F. Bonnefon, & I. Rahwan)

    Intrinsic Honesty and the Prevalence of Rule Violations across Societies (2016). Nature, 531, 496‑499 (with S. Gächter)

    Affect and Fairness: Dictator Games under Cognitive Load (2014). Journal of Economic Psychology 41, 77-87 (with U. Fischbacher, C. Thöni, & V. Utikal)

  • Lawrence H White

    Research Interests: Theory and history of banking and money

    Selected Publications

    Books authored:

    The Clash of Economic Ideas (Cambridge U. Press, 2012)

    The Theory of Monetary Institutions (Basil Blackwell, 1999)

    Free Banking in Britain (Cambridge U. Press, 1984; 2nd ed., Institute of Economic Affairs, 1995)

    Competition and Currency (NYU Press, 1989)

    Books edited:

    Renewing the Search for a Monetary Constitution (co-editor; Cato Institute, 2015)

    Friedrich A. Hayek, Capital and Interest (U. Chicago Press, 2015)

    Friedrich A. Hayek, The Pure Theory of Capital (U. Chicago Press, 2007)

    The History of Gold and Silver, 3 vols. (Pickering and Chatto, 2000)

    Free Banking, 3 vols. (Edward Elgar, 1993)

    Recent articles:

    “Positively Valued Fiat Money after the Sovereign Disappears: The Case of Somalia" (with William J. Luther), Review of Behavioral Economics 3, Issue 3-4 (2016): 311-34.

    “The Market for Cryptocurrencies,” Cato Journal 35 (Spring-Summer 2015): 383-402.

    “The Merits and Feasibility of a Commodity Standard,” Journal of Financial Stability 17 (April 2015): 59-64. 

    “Has the Fed Been a Failure?” (with George Selgin and William D. Lastrapes), Journal of Macroeconomics 34 (September 2012): 569-96.