|Alma mater||University of Michigan|
Steven Horwitz (born 7 February 1964) is an American economist of the Austrian School. Horwitz is currently the Distinguished Professor of Free Enterprise in the Department of Economics in the Miller College of Business at Ball State University in Muncie, Indiana. In 2017, he retired as the Dana Professor of Economics Emeritus at St. Lawrence University.
Early life and education
Horwitz was born in Detroit, Michigan to Ronald and Carol Horwitz. He was raised in Oak Park, Michigan and graduated from Berkley High School in Berkley, Michigan in 1981. He graduated cum laude with an A.B. in Economics and Philosophy from the University of Michigan in 1985, where he was also active with several libertarian student groups and where he wrote and performed with the Sunday Funnies/Comedy Company sketch comedy group.
He received his M.A. (1987) and Ph.D. (1990) in Economics from George Mason University in Fairfax, Virginia. At George Mason, he studied with Don Lavoie (who chaired his dissertation committee), George Selgin, Karen Vaughn, James M. Buchanan, Don Boudreaux, and Richard E. Wagner.
In 1989, Horwitz joined the economics department of St. Lawrence University in Canton, New York. In 1993, he was appointed the inaugural Flora Irene Eggleston Chair in Economics. He was promoted to associate professor with tenure in 1995 and to full professor in 2002. In 1999, he was awarded the annual Frank Piskor Lectureship, and in 2003 he was the recipient of the J. Calvin Keene award, which recognizes high standards of personal scholarship, effective teaching and moral concern. In 2007, Horwitz was elected by the faculty to one of six campus-wide Charles A. Dana Professorships.
At St. Lawrence, Horwitz served as the Associate Dean of the First Year from 2001 to 2007, overseeing the university's First Year Program. He has a national reputation as an expert on living-learning programs and on teaching research and communication skills to first-year students. He was also Interim Director of the Center for Teaching and Learning in 2003–04.
In the Fall of 2017, Horwitz joined the Department of Economics at Ball State University as the John H. Schnatter Distinguished Professor of Free Enterprise. He is also an affiliated faculty member of the John H. Schnatter Institute for Entrepreneurship and Free Enterprise.
Horwitz is a long-time faculty member at the summer seminars of the Institute for Humane Studies and the Foundation for Economic Education. In the summer of 2007, he was a visiting scholar at the Social Philosophy and Policy Center at Bowling Green State University in Bowling Green, Ohio. Horwitz is also an Senior Affiliated Scholar of the Mercatus Center at George Mason University in Arlington, Virginia, where he has conducted nationally recognized research on the role of Wal-Mart and the Coast Guard in the response to Hurricane Katrina. He is also a Senior Fellow of the Fraser Institute in Canada and has been a member of the Mont Pelerin Society since 1996.
Most of Horwitz's professional work has been in the area of monetary theory and macroeconomics from an Austrian school perspective, with his 2000 book Microfoundations and Macroeconomics: An Austrian Perspective best summarizing that work. He has also contributed to Austrian economics and the history of economic thought as well as the social thought of F. A. Hayek. In recent years, he has been exploring the economics and social theory of the family, including his most recent book Hayek's Modern Family: Classical Liberalism and the evolution of Social Institutions. His Open Letter to My Friends on the Left in September 2008 was a widely read libertarian analysis of the mortgage crisis and has been translated into five languages. He is a frequent op-ed contributor to major newspapers and has appeared on numerous radio shows as well as TV appearances on Stossel, Freedom Watch, and Smerconish on CNN.
Outside of his professional interests, Horwitz is a huge fan of hockey, especially the Detroit Red Wings, and classic rock, especially the Canadian band Rush. He combined his hobby and his professional life having written two scholarly articles on Rush in 2003.
Horwitz is married to Sarah Skwire, a Senior Fellow at Liberty Fund, and they currently reside in Fishers, Indiana with her two daughters. He has two children, Andrew and Rachel, from a previous marriage. Horwitz is Jewish.
In November 2017, Horwitz was diagnosed with multiple myeloma, a plasma cancer. As of March 2018, he is in remission awaiting a bone marrow transplant to help ensure a long-term remission.
Books and monographs
- Monetary Evolution, Free Banking, and Economic Order, (Westview Press, 1992) ISBN 0-8133-8514-8.
- 'Of Human Action but not Human Design': Liberalism in the Tradition of the Scottish Enlightenment, 1999 Annual Frank P. Piskor Lecture, (St. Lawrence University, 2000) ASIN: B0006RFQ0G.
- Microfoundations and Macroeconomics: An Austrian Perspective, (Routledge, 2000) ISBN 0-415-19762-7. Co-winner of the 2001 Smith Prize in Austrian Economics for the best contribution to Austrian economics published in the previous three years.
- Hayek's Modern Family: Classical Liberalism and the Evolution of Social Institutions, (Palgrave, 2015) ISBN 978-1-137-44822-4
- In Natural Disasters, Companies Operate Like Neighbors, Wall Street Journal.
- "Beyond Equilibrium Economics: Reflections on the Uniqueness of the Austrian Tradition," (with Peter J. Boettke and David L. Prychitko), Market Process, 4 (2), Fall 1986, pp. 6–9, 20-25.
- "Competitive Currencies, Legal Restrictions, and the Origins of the Fed: Some Evidence from the Panic of 1907," Southern Economic Journal, 56 (3), January 1990, pp. 639–49.
- "Monetary Exchange as an Extra-Linguistic Social Communication Process," Review of Social Economy, 50 (2), Summer 1992, pp. 193–214.
- "Money, Money Prices, and the Socialist Calculation Debate," Advances in Austrian Economics, 3, 1996, pp. 59–77.
- "Capital Theory, Inflation, and Deflation: The Austrians and Monetary Disequilibrium Theory Compared," Journal of the History of Economic Thought, 18 (2), Fall 1996, pp. 287–308.
- "Monetary Calculation and Mises's Critique of Planning," History of Political Economy, 30 (3), Fall 1998, pp. 427–50.
- "From The Sensory Order to the Liberal Order: Hayek's Non-rationalist Liberalism," Review of Austrian Economics, 13 (1), March 2000, pp. 23–40.
- "From Smith to Menger to Hayek: Liberalism in the Spontaneous Order Tradition," The Independent Review, 6 (1), Summer 2001, pp 81–97.
- "The Costs of Inflation Revisited," Review of Austrian Economics, 16 (1), March 2003, pp. 77–95.
- "The Functions of the Family in the Great Society," Cambridge Journal of Economics, 29 (5), September 2005, pp. 669–84.
- "Heterogeneous Human Capital, Uncertainty, and the Structure of Plans: A Market Process Approach to Marriage and Divorce" (with Peter Lewin), Review of Austrian Economics, 21 (1), March 2008, pp. 1–21.
- "Making Hurricane Response More Effective: Lessons from the Private Sector and the Coast Guard During Katrina" Policy Comment #17, Mercatus Center, Washington, DC, March 19, 2008.
- Horwitz, Steven (2008). "Hoover's Economic Policies". In David R. Henderson (ed.). Concise Encyclopedia of Economics (2nd ed.). Indianapolis: Library of Economics and Liberty. ISBN 978-0865976658. OCLC 237794267.
- "The Empirics of Austrian Economics" Cato Unbound, Cato, Washington, DC, September 5, 2012.
- "Posts by Steve Horwitz". Bleeding Heart Libertarians weblog.