Steven Horwitz

Steven Horwitz

Professor of Economics
St. Lawrence University

Steven Horwitz is Charles A. Dana Professor of Economics and department chair at St. Lawrence University in Canton, NY. He completed his M.A. and Ph.D. in economics at George Mason University and received his B.A. in economics and philosophy from the University of Michigan. He is the author of two books, Microfoundations and Macroeconomics: An Austrian Perspective (Routledge, 2000) and Monetary Evolution, Free Banking, and Economic Order (Westview, 1992), and he has written extensively on Austrian economics, Hayekian political economy, monetary theory and history, and macroeconomics. In addition to several dozen articles in numerous professional journals, he has also done nationally recognized public policy work on the role of the private sector during Hurricane Katrina for the Mercatus Center, where he is an Affiliated Senior Scholar. He is also a Senior Fellow of the Fraser Institute in Canada. The author of numerous op-eds, Horwitz is a frequent guest on TV and radio programs, particularly speaking on the Great Recession and monetary policy. His current research is on the economics and social theory of the family, and he is at work on a book on classical liberalism and the family.

Blog Posts

The double thank you of the market

If we want the market order to survive, we will have to continue to treat it both in theory and practice as a realm of moral and virtuous behavior.

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Is the 2016 Election Rigged?

The really radical idea behind the rule of law is that the lawmakers themselves are not above the law. It is “the law” that rules, not those who make and enforce the law.

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Why Isn’t There Chaos When Traffic Lights Malfunction?

Unplanned order spontaneously emerges when government micromanaging is eliminated.

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How Capitalism Made Modern Motherhood

Note: This piece is dedicated to my mom, as I celebrate my first Mother’s Day without her. With Mother’s Day upon us, it’s worth taking a moment to consider the vision…

Economist and Poet Debate Vocabulary

Why don’t economists get invited to the good parties? Professor Sarah Skwire (Poet) thinks it has to do with economists’ choice of words. According to her, it seems, the optimal amount…

The Demise of Unsupervised Play and the Challenge of Sexual Communication

One of the key elements of a free society is that people avoid potential conflicts peacefully, using consent not coercion. One way to do this is through market exchange, but…

Programs

Fantasy Football 101

Protecting the Environment

Mythbusters

House of Cards

Videos

Playing Without Protection: Solving Football’s Concussion Crisis

Is it crazy to think that making football helmets flimsy or getting rid of them altogether could reduce the amount of football concussions in the NFL? In this video, we…

Football Law: Changing the Rules of the Game

What happens when the rules of a game change? One of the most important parts of playing a game like football is that the rules remain predictable and consistent for all…

Frank Underwood’s Top 3 Lessons for the Voting Public | House of Cards Review

Netflix recently debuted season two of its original series House of Cards. Some have suggested the show reflects a deeply cynical view of politics, but Prof. Steve Horwitz argues that…

Is Fixing Inequality A Matter of Justice?

The question of how to address poverty in the United States is complicated. Steven Horwitz, chair of the department of economics at St. Lawrence University, and Jeffrey Reiman, professor of…

A Marxian Case for Capitalism

The question of how to address poverty in the United States is complicated. Steven Horwitz, chair of the department of economics at St. Lawrence University, and Jeffrey Reiman, professor of…

Debate: What To Do About Poverty

This Learn Liberty debate presents arguments for and against more government assistance to help the poor in the United States. Prof. Steven Horwitz argues that the government has created too…

When Capitalism Fails (Why Won’t Anyone Think Of The Children?)

The question of how to address poverty in the United States is complicated. Steven Horwitz, chair of the department of economics at St. Lawrence University, and Jeffrey Reiman, professor of…

Does Government Create Jobs?

Many people have been talking about job creation lately, especially politicians. But is government the best creator of jobs? And is job creation the best thing for the economy? Professor…

What Wasn’t Said in “Wealth Inequality In America”

Wealth inequality may be REAL, but is it FAIR? And what does it mean for a society to be fair? Learn Liberty asked these questions to two professors — a…

Debate: Is There Too Much Inequality?

Wealth inequality may be real, but is it fair? And what does it mean for a society to be fair? Learn Liberty asked these questions to two professors — a…

Is Capitalism “Pro-Business?”

Is what’s good for General Motors really what’s good for America? Professor Steve Horwitz explains the difference between free market and pro-business attitudes – and why one is better than…

Are Corporations People?

Are corporations people, or are they something else? Corporations are made up of people – including employees, shareholders, and executives. So, are corporations distinct from the people that comprise them?…

Do Women Earn Less than Men?

Another contemporary economic myth is that women make 75 cents for every dollar men make because they’re discriminated against in labor markets. Like other myths, this does have a kernel…

Is the Cost of Living Really Rising?

According to Prof. Steve Horwitz, one contemporary economic myth is that the cost of living has consistently risen for Americans over the past century. In fact, prices are higher today…

Capitalism and the Family

Prof. Steve Horwitz discusses the relationship between capitalism and the family. Prior to capitalism, the primary purpose of families was production. Capitalism was the first economic system to enable individuals…

Spontaneous Order and the Market Process

Prof. Steve Horwitz describes the concept of spontaneous order, a key theme in the works of Friedrich Hayek. This idea allows us to understand the complexity of the free market…

Libertarian Cosmopolitanism

From the IHS Vault: Prof. Steve Horwitz explores what he calls “Libertarian Cosmopolitanism.” Horwitz argues that in a world of globalized trade and communications, we should not just tolerate difference,…

Inequality, Consumption, & Happiness

From the IHS Vault: How well-off are we? Using economic data, economics professor Steve Horwitz addresses questions about inequality, consumption, happiness, and well-being. Are the rich getting richer and the…

Are We Running Out of Resources?

Prof. Steve Horwitz addresses the common belief that the world is running out of natural resources. Instead, there are economic reasons why we will never run out of many resources.…

Are the Poor Getting Poorer?

People often say that “the rich are getting richer while the poor are getting poorer.” Economics professor Steve Horwitz explains why in the United States, this characterization is largely a…