Mario Villarreal-Diaz

Mario Villarreal-Diaz

Economics Program Officer
Institute for Humane Studies

Mario Villarreal is currently the Economics Program Officer at IHS. Additionally he is an affiliated Scholar at the Mercatus Center at George Mason University and an Academic Leader at the Public Policy Graduate School (EGAP) at the Instituto Tecnológico y de Estudios Superiores de Monterrey in Monterrey, Mexico, where he was previously a full time professor and Research Chair in Strategic Intelligence.

Before joining Monterrey Tech, Mario was a research fellow at the American Enterprise Institute in Washington DC, where he did research on health and pharmaceutical economics, entitlement programs, economic development, and political economy issues. His professional experience includes numerous research and consulting projects for both the private and public sectors, particularly on issues of regulation, industrial organization, and the provision of public goods. In 2005, he received his Ph.D. in Economics and Political Science from Claremont Graduate University, where he was a Fulbright Fellow. When he is not thinking about economics and politics, you can find him at the nearest soccer field, playing the real foot-ball game.


Should We Ban Experimental Drugs? [#KeepAskingWhy]

Keep Asking Why is a new weekly video series (updating every Wednesday!) from Learn Liberty, where we take your questions, give them to our professors (no matter where they are…

What Motivates Us?

Prof. Mario Villarreal-Diaz claims that incentives matter, especially in a world of scarcity. Market prices, for instance, are a very powerful incentive. When the price of a good rises, consumers…

Thinking at the Margin

Why are diamonds more expensive than water? Prof. Mario Villarreal-Diaz answers this question using what economists call marginal analysis. Essentially, the marginal utility of water decreases faster than the marginal…

Opportunity Cost

Prof. Mario Villarreal-Diaz explains the scarcity inherent in the world, and how this necessarily implies a world of tradeoffs.  In such a world, the pursuit of a choice requires forgoing…