Paul Rubin
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Paul Harold Rubin (August 9, 1942 – August 31, 2024) was an American economist and the
Samuel Candler Dobbs Samuel Candler Dobbs (November 8, 1868 – October 31, 1950) was president (1919-1920) and chairman of The Coca-Cola Company, from 1919 to 1922. Early life and education Dobbs was born on November 8, 1868, in Georgia. He was the son of Harris ...
Professor of Economics Emeritus at
Emory University Emory University is a private university, private research university in Atlanta, Georgia, United States. It was founded in 1836 as Emory College by the Methodist Episcopal Church and named in honor of Methodist bishop John Emory. Its main campu ...
. He was President of the Southern Economic Association in 2012–2013. He was also a research fellow at
The Independent Institute The Independent Institute is an American libertarian think tank founded in 1986 by David J. Theroux and based in Oakland, California. The institute has more than 140 research fellows and is organized into seven centers addressing a range of pol ...
.


Education

Rubin received his B.A. with honors from the
University of Cincinnati The University of Cincinnati (UC or Cincinnati, informally Cincy) is a public university, public research university in Cincinnati, Ohio, United States. It was founded in 1819 and had an enrollment of over 53,000 students in 2024, making it the ...
in 1963 and his Ph.D. in economics from
Purdue University Purdue University is a Public university#United States, public Land-grant university, land-grant research university in West Lafayette, Indiana, United States, and the flagship campus of the Purdue University system. The university was founded ...
in 1970, with a thesis entitled "A theoretical model of the diversification decision of the firm".


Career

Rubin served on the faculty of the
University of Georgia The University of Georgia (UGA or Georgia) is a Public university, public Land-grant university, land-grant research university with its main campus in Athens, Georgia, United States. Chartered in 1785, it is the oldest public university in th ...
from 1968 to 1982. For one year (1982–83) he was a professor at
Baruch College Baruch College (officially the Bernard M. Baruch College) is a public college in New York City, United States. It is a constituent college of the City University of New York system. Named for financier and statesman Bernard M. Baruch, the colle ...
and the
Graduate Center, CUNY The Graduate School and University Center of the City University of New York (CUNY Graduate Center) is a public research institution and postgraduate university in New York City. Formed in 1961 as Division of Graduate Studies at City University ...
. He held senior positions on the President's Council of Economic Advisors in 1981-82 and at the Federal Trade Commission, 1983–85. From 1985 to 1989, he was an adjunct professor at
George Washington University Law School The George Washington University Law School (GW Law) is the law school of George Washington University, a Private university, private research university in Washington, D.C. Established in 1865, GW Law is the oldest law school in Washington, D. ...
. From 1985 to 1987, he was the chief economist at the
Consumer Product Safety Commission The United States Consumer Product Safety Commission (USCPSC, CPSC, or commission) is an independent agency of the United States government. The CPSC seeks to promote the safety of consumer products by addressing "unreasonable risks" of injury ...
. From 1987 to 1991 he was vice-president of Glassman-Oliver Economic Consultants in Washington, D.C. He first joined the faculty of Emory in 1991, and became the Samuel Candler Dobbs Professor of economics there in 2003. From 1999 to 2009 he served as a professor of Economics and Law at Emory, and as the Acting Chair of the Economics department there for one year (1993–94).


Work

Rubin's areas of research included: the economics of franchising; determinants of Congressional voting; theoretical models of the evolution of law;
Folk economics Folk economics is the intuitive economics of untrained people. It is derived from the evolutionary basis for human cognition. According to proponents of the field such as Paul Rubin, in the evolutionary environment of our forebears life was mos ...
; the effect of
tort reform Tort reform consists of changes in the civil justice system in common law countries that aim to reduce the ability of plaintiffs to bring tort litigation (particularly actions for negligence) or to reduce damages they can receive. Such changes ...
and
capital punishment Capital punishment, also known as the death penalty and formerly called judicial homicide, is the state-sanctioned killing of a person as punishment for actual or supposed misconduct. The sentence (law), sentence ordering that an offender b ...
on death rates; and the costs and benefits of direct-to-consumer pharmaceutical advertising. He has also authored a survey article on the economics of the
United States Bill of Rights The United States Bill of Rights comprises the first ten list of amendments to the United States Constitution, amendments to the United States Constitution. It was proposed following the often bitter 1787–88 debate over the Timeline of dr ...
. In a 2004 study, he argued that the government's encouragement of doctors and patients to use fewer
antibiotic An antibiotic is a type of antimicrobial substance active against bacteria. It is the most important type of antibacterial agent for fighting pathogenic bacteria, bacterial infections, and antibiotic medications are widely used in the therapy ...
s and to increase the required number of patients in antibiotic clinical trials, which the government did in an effort to reduce
antibiotic resistance Antimicrobial resistance (AMR or AR) occurs when microbes evolve mechanisms that protect them from antimicrobials, which are drugs used to treat infections. This resistance affects all classes of microbes, including bacteria (antibiotic resis ...
, was misguided. He argued that this was the case because these decisions have driven many pharmaceutical companies away from making antibiotics because it is now too expensive to do so. He has also written about
evolutionary economics Evolutionary economics is a school of economic thought that is inspired by evolutionary biology. Although not defined by a strict set of principles and uniting various approaches, it treats economic development as a process rather than an equil ...
, arguing that different fiscal policies proposed by Democrats and Republicans in part result from different perceptions of human nature by the two parties. He has written about the evolutionary basis for distrust of markets. His most recent book argues that markets are actually cooperative, and that competition is less important than cooperation in economics.


Books

*''A Student's Guide to Socialism: How It Will Trash Your Lives'', Bombardier Books, 2020 *''The Capitalism Paradox: How Cooperation Enables Free Market Competition'', Bombardier Books, 2019 *''The evolution of efficient common law'' E. Elgar, 2007 *''Darwinian Politics: The Evolutionary Origin of Freedom,'' Rutgers University Press, 2002 (''Choice'' Outstanding Academic Title, 2004) WorldCat book record
/ref> * (with Thomas M Lenard; ''Privacy and the commercial use of personal information'' Kluwer, 2002 *''Managing business transactions : controlling the cost of coordinating, communicating, and decision making'' Free Press, 1990 *''Business firms and the common law : the evolution of efficient rules'' Prager, 1983


References


External links

* {{DEFAULTSORT:Rubin, Paul H. 21st-century American economists Emory University faculty Purdue University alumni University of Cincinnati alumni University of Georgia faculty 1942 births 2024 deaths Member of the Mont Pelerin Society