Daniel D’Amico

Daniel D’Amico

Assistant Professor of Economics
Loyola University New Orleans

Daniel J. D’Amico completed his economics Ph.D. from George Mason University in 2008 with field examinations in Constitutional Political Economy and Austrian Economics. His doctoral dissertation, “The Imprisoner’s Dilemma: The Political Economy of Proportionate Punishment,” was awarded the Israel M. Kirzner Award for best dissertation in Austrian Economics by the Society for the Development of Austrian Economics. In 2011 his paper, “The Prison in Economics: Private and Public Incarceration in Ancient Greece,” was awarded the Gordon Tullock Prize for best paper published in Public Choice by a scholar under 40.

Daniel’s research has been published in a variety of scholarly outlets including Public Choice, Advances in Austrian Economics, The Journal of Private Enterprise, The Review of Austrian Economics, and the Erasmus Journal of Philosophy and Economics. He sits on the editorial board of Studies in Emergent Order and is on the executive committee for the Society for the Development of Austrian Economics. Daniel is an affiliated scholar with the Molinari Institute and the workshop in Politics, Philosophy and Economics at George Mason University. Daniel delivers summer lectures and seminars for several educational outreach organizations including the Institute for Humane Studies and the Foundation for Economic Education.

Daniel is the William Barnett Professor of Free Enterprise Studies and an Assistant Professor of Economics at Loyola University in New Orleans where he has received awards for teaching, research and service. He is also the faculty advisor for the Loyola Economics Club.

Daniel’s current research is focused upon applying insights from Austrian Economics, Public Choice Theory and New Institutional Economics to understand the processes of social change surrounding punishment and incarceration through history and in the United States today.

Daniel adheres to the fundamental belief that ideas matter.

Programs

Vice City

The War on Drugs: Part One

Videos

The Walking Dead, Tocqueville, and Voluntary Cooperation

What can The Walking Dead teach us about prosperity? A lot, according to Professor Dan D’Amico of Loyola University. While The Walking Dead has shown viewers what zombies do to society since…

The Economics of Jersey Shore

What could the denizens of “Jersey Shore” possibly know about economics? In a word: plenty; at least according to Professor Dan D’Amico of Loyola University in New Orleans. Let Professor…

The Relationship Between Commerce and Crime | Off the Clock Economist Explores

Professor Daniel D’Amico interviews a New Orleans business owner about crime in the city after Hurricane Katrina. They observe that local businesses can play an important role in reducing crime…

How to Make a Criminal Cocktail | Off the Clock Economist Explores

With a social-capital-inducing King Cake in tow, Off the Clock Economist Dan D’Amico heads out to a backyard bar. Discover how to make a New Orleans Sazerac, which many say…

The Gumbo Recipe that Works for Everybody | Off the Clock Economist

Off the Clock Economist Dan D’Amico is still going strong in his pursuit to know all there is to know about New Orleans. Join him as he learns how to…

Bars and Brass Bands in the Big Easy | Off the Clock Economist Explores

What if we told you that the decadent and debaucherous nature of New Orleans made it easier, not harder, for the Big Easy to come back strong after Hurricane Katrina?…

Off the clock, this Prof parties in New Orleans. Check it out!

New Orleans, the one and only! So much culture, so many parties, so many parades, so much food, and so much more. Where does it all come from? How did…

How Eating Babies Strengthens New Orleans | Off the Clock Economist Explains

Off the Clock Economist Dan D’Amico is at it again exploring Louisiana and the culture of Mardi Gras. This time he will explain the social capital behind eating the babies…

Virtue & Vice at Mardi Gras | Off the Clock Economist Explains

Off the Clock Economist Dan D’Amico gallivants through Mardi Gras festivities in New Orleans. Discover what Balinese cock fighting and lavish parades in the French Quarter have in common: keeping…

How Food Regulations Make Us Less Healthy

Corn growers receive billions of dollars each year in subsidies from the U.S. government. The average American family pays $400 per year to subsidize corn. As a result, corn products…

Racial Inequality in the Criminal Justice System

Fewer than half of 1 percent of Americans are in state and federal prisons. That sounds like a small number. But when the U.S. prison population is examined by race,…

Why Is the U.S. Prison Population So Large?

The United States houses more human beings in prisons than any other country, both in terms of actual numbers and in relation to population size. The U.S. prison population began…

US Prison Population: The Largest in the World

The United States incarcerates more people than any other country in the world—more even than China or Russia. In fact, more people are in prisons in the United States than…

An Economist’s Look at Intellectual Property Law

Prof. Daniel D’Amico discusses several arguments for and against government enforcement of intellectual property, including trademarks, patents, and copyrights. He explores both moral arguments (deontological) and cost benefit arguments (consequential),…