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Selected Publications

  • "The Fisher Effect Under Deflationary Expectations," Social Science Research Network, 2011.
  • "Classical Monetary Theory and the Quantity Theory," History of Political Economy, 2000.
  • "The Capacity Diversion Defense in Owens-Illinois and Donnelly," Antitrust Law Bulletin, 1997.
  • "An Evolutionary Theory of the State Monopoly over Money," with K. Dowd and R. Timberlake, eds., Money and the Nation State: Financial Deregulation, Free Banking and the World Monetary System, 1997.
  • "The Real-Bills Doctrine in the Light of the Law of Reflux," History of Political Economy, 1992.
  • "The Use of Price Tests in Merger Analysis," with S. Stockum,  Journal of Reprints in Antitrust Law and Economics, 1992.
  • "On Some Classical Monetary Controversies," History of Political Economy, 1989.
  • "A Reinterpretation of Classical Monetary Theory," Southern Economic Journal, 1986.
  • "On the Difference Between Wealth and Liberty," International Review of Law and Economics, 1982.
  • "How Natural is the Government's Monopoly over Money?” with J. Dorn, ed., Alternative to Government Fiat Money.


PhD, Economics
MA, Economics
BA, Economics

Fields of Interest

  • Industrial Organization
  • Antitrust
  • History of Economics
  • Monetary Theory and Policy

Professional Experience

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