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« Krugman's Way-Too-Simple Model | Main | An Alternative to Peer Review, or a New Format for Peer Review? »


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The University of Oklahoma now offers a class in Austrian econ. From the catalogue:

G5363 Market Process Economics (Slashlisted with 4363). Prerequisite: graduate standing. Examines the "Austrian" economics market process theories based on the work of Ludwig von Mises and Friedrich Hayek. Topics include disequilibrium view of markets, the nature of economic knowledge, the role of entrepreneurship, and the critique of central planning. No student may earn credit for both 4363 and 5363. (Irreg.)

Yes, fundamentalist, but Dan Sutter who taught that course left Oklahoma a few years ago. Has the course been taught since then?

Thanks, Pete, for the shout-out!

I would also suggest that we explore better ways to collaborate across institutions, taking advantage of information technology to leverage our scarce human capital more effectively.

And across disciplines. I was introduced to economics in my undergraduate Intro. to Philosophy class by Ronald Nash, and I was introduced to Austrian economics in my graduate level Game Theory and the Humanities class by Frederick Turner. My own publications have been involved in the intersections between economics and the humanities -- particularly with spontaneous order theory.

Professor Klein,

Is there any hope of expanding this to, say, UMKC?

Othyem, students from UMKC are welcome to drive over once a week! Probably some kind of transfer credit could be arranged too. (Same goes for anyone within driving distance of Columbia, MO.)

Great news. Best of luck to Peter Klein.

Peter, I'm trying to find out. It's not in this Fall's schedule. But OU has two professors related to GMU: Robin Grier (Ph.D., George Mason University, 1995), Professor, Fields: Economic Development, Growth, Latin American Development and her husband Kevin Grier (Ph.D., Washington University, 1984), Professor, Fields: Economic Growth, Development, Political Economy. Kevin was an assistant, then associate professor of economics at George Mason University from 1985 - 1993.

What about the on-line road? Of course it could be in modules, not just a single course.


I know the Grier's very well. Kevin is technically the best teacher I ever had in economics -- I had him for econometrics, and he made difficult material to a student completely uninterested in the subject, learnable. He also was a strict disciplinarian in that class despite only being a few years our senior at the time. He is a very engaging mind. You should check out his blog -- Kids Prefer Cheese, it is witty and often filled with brilliant insight.

Robin is a very skilled empirical political economist who has worked on deep questions related to economic growth ad development and the cultural determinants of these.

I doubt either of them would be teaching the market process course. I do believe that was Dan Sutter's course. Dan is also an extremely talented economist (a GMU PhD just a few years after me) and he is now teaching in Texas. It would be very rewarding for anyone on this blog to read Dan's work. Last year he did a fantastic paper for Mercatus on insurance, but he has several really good papers that a search of his website will reveal.

I don't know if Dan is teaching a market process course in his new school, I hope he is.

I know Dan through FSSO. Good guy. He asks interesting and important questions in his papers.

I stumbled on to Austrian Economics at the Foundation for Economic Education in 1982 after arguing with Keynsian-type textbooks from which I had taught for more than 25 yewars. Both FEE and the Mises Institute in Auburn AL are great places for short exposures to Austrian Econoics and places to meet leading figures in that field.

Roger Clites

I woulod add that Florida State and Clemson both have friendly programs as well, at least the last time I checked and in the overseas department there are some good things going on in some of the Chilean Universities (Catolica and Desarollo, both in Santiago are friendly as well, Desarollo has some GMU Ph.D.s on faculty, one a local and one an US ex-pat).

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