Steven G. Horwitz
(February 7, 1964 – June 27, 2021) was an American
economist
An economist is a professional and practitioner in the social sciences, social science discipline of economics.
The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
of the
Austrian School
The Austrian school is a Heterodox economics, heterodox Schools of economic thought, school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result primarily from the motivat ...
. Horwitz was the Distinguished Professor of Free Enterprise in the department of economics in the Miller College of Business at
Ball State University
Ball State University (Ball State or BSU) is a public research university in Muncie, Indiana, United States. The university has three off-campus centers in Indianapolis, Fort Wayne, and Fishers, Indiana. The university is composed of seven aca ...
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
Detroit ( , ) is the List of municipalities in Michigan, most populous city in the U.S. state of Michigan. It is situated on the bank of the Detroit River across from Windsor, Ontario. It had a population of 639,111 at the 2020 United State ...
, to Ronald and Carol Horwitz. He was raised in
Oak Park, Michigan
Oak Park is a city in Oakland County in the U.S. state of Michigan. An inner-ring suburb of Detroit, Oak Park borders Detroit to the north, roughly northwest of downtown Detroit. As of the 2020 census, the city had a population of 29,560.
Hi ...
, and graduated from Berkley High School in
Berkley, Michigan
Berkley is a city in Oakland County, Michigan, Oakland County in the U.S. state of Michigan. A northern Metro Detroit, suburb of Detroit on the Woodward Corridor, Berkley is located roughly northwest of downtown Detroit. As of the 2020 United ...
, in 1981. He graduated cum laude with an
A.B. in economics and philosophy from the
University of Michigan
The University of Michigan (U-M, U of M, or Michigan) is a public university, public research university in Ann Arbor, Michigan, United States. Founded in 1817, it is the oldest institution of higher education in the state. The University of Mi ...
in 1985, where he was also active with several
libertarian
Libertarianism (from ; or from ) is a political philosophy that holds freedom, personal sovereignty, and liberty as primary values. Many libertarians believe that the concept of freedom is in accord with the Non-Aggression Principle, according ...
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
George Mason University (GMU) is a Public university, public research university in Fairfax County, Virginia, United States. Located in Northern Virginia near Washington, D.C., the university is named in honor of George Mason, a Founding Father ...
in
Fairfax, Virginia
Fairfax ( ) is an independent city (United States), independent city in Virginia and the county seat of Fairfax County, Virginia, in the United States. As of the 2020 United States census, 2020 census, the population was 24,146.
Fairfax is pa ...
.
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.
Professional history
In 1989, Horwitz joined the economics department of
St. Lawrence University in
Canton, New York
Canton is an incorporated Administrative divisions of New York#Town, town in St. Lawrence County, New York, United States. The population was 11,638 at the time of the 2020 census. The town contains two Administrative divisions of New York#Villa ...
.
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 consulted with other schools 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 fall 2017, Horwitz joined the department of economics at Ball State University as distinguished professor of free enterprise. He was also the director of the Institute for the Study of Political Economy.
Horwitz was a long-time faculty member at the summer seminars of the
Institute for Humane Studies and the
Foundation for Economic Education
The Foundation for Economic Education (FEE) is an American Conservatism in the United States, conservative, Libertarianism in the United States, libertarian economics, economic think tank. Founded in 1946 in New York City, FEE is now headquartere ...
. In summer 2007, he was a visiting scholar at the Social Philosophy and Policy Center at
Bowling Green State University
Bowling Green State University (BGSU) is a Public university, public research university in Bowling Green, Ohio, United States. The main academic and residential campus is south of Toledo, Ohio. The university has nationally recognized progr ...
in
Bowling Green, Ohio
Bowling Green is a city in Wood County, Ohio, United States, and its county seat. The population was 30,808 at the 2020 United States census, 2020 census. Located southwest of Toledo, Ohio, Toledo, it is part of the Toledo metropolitan area and ...
. Horwitz was a senior affiliated scholar of the
Mercatus Center
The Mercatus Center is an American libertarian, free-market-oriented non-profit think tank. The Mercatus Center is located at the George Mason University campus, but it is privately funded and its employees are independent of the university. It ...
at George Mason University in
Arlington, Virginia
Arlington County, or simply Arlington, is a County (United States), county in the U.S. state of Virginia. The county is located in Northern Virginia on the southwestern bank of the Potomac River directly across from Washington, D.C., the nati ...
, where he had conducted research on the role of
Wal-Mart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other ...
and the
Coast Guard
A coast guard or coastguard is a Maritime Security Regimes, maritime security organization of a particular country. The term embraces wide range of responsibilities in different countries, from being a heavily armed military force with cust ...
in the response to
Hurricane Katrina
Hurricane Katrina was a powerful, devastating and historic tropical cyclone that caused 1,392 fatalities and damages estimated at $125 billion in late August 2005, particularly in the city of New Orleans and its surrounding area. ...
. He was also a senior fellow of the
Fraser Institute
The Fraser Institute is a Canadian Conservatism in Canada, conservative public policy think tank registered as a Charitable organization, charity. It is headquartered in Vancouver, with additional offices in Calgary, Toronto, and Montreal. It has ...
in Canada and had been a member of the
Mont Pelerin Society
The Mont Pelerin Society (MPS), founded in 1947, is an international academic society of Economist, economists, Political philosophy, political philosophers, and other Intelligentsia, intellectuals who share a classical liberal outlook. It is hea ...
since 1996.
Horwitz was the 2020 recipient of the Julian L. Simon Memorial Award from the
Competitive Enterprise Institute
The Competitive Enterprise Institute (CEI) is a non-profit libertarian think tank founded by the political writer Fred L. Smith Jr. on March 9, 1984, in Washington, D.C., to advance principles of limited government, free enterprise, and individ ...
, honoring his work documenting human progress and the importance of liberal institutions. In 2019, he received the Prometheus Award for the Promotion of Economic Literacy from the Greek think tank KEFiM.
Most of Horwitz's professional work was in the area of
monetary theory and
macroeconomics
Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies. Macroeconomists study topics such as output (econ ...
from an
Austrian school
The Austrian school is a Heterodox economics, heterodox Schools of economic thought, school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result primarily from the motivat ...
perspective, with his 2000 book ''Microfoundations and Macroeconomics: An Austrian Perspective'' best summarizing that work. He had also contributed to Austrian economics and the history of economic thought, as well as the social thought of
F. A. Hayek. After that book, he explored the economics and social theory of the family, including his 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 was a frequent op-ed contributor to major newspapers and appeared on numerous radio shows as well as TV appearances on Stossel, Freedom Watch, and Smerconish on CNN.
Horwitz identified himself as a
bleeding-heart libertarian and was a regular contributor to the ''Bleeding Heart Libertarians'' weblog. He also contributed to Coordination Problem.
Personal life
Outside of his professional interests, Horwitz was a fan of hockey, especially the
Detroit Red Wings
The Detroit Red Wings (colloquially referred to as the Wings) are a professional ice hockey team based in Detroit. The Red Wings compete in the National Hockey League (NHL) as a member of the Atlantic Division (NHL), Atlantic Division in the East ...
, and classic rock, especially
Rush. He wrote two scholarly articles on Rush in 2003.
Horwitz was diagnosed with
multiple myeloma
Multiple myeloma (MM), also known as plasma cell myeloma and simply myeloma, is a cancer of plasma cells, a type of white blood cell that normally produces antibody, antibodies. Often, no symptoms are noticed initially. As it progresses, bone ...
in 2017. He was public about his treatment and raised funds for multiple myeloma research on social media and in interviews. He died on June 27, 2021.
He was married to Sarah Skwire, a senior fellow and director of communications at
Liberty Fund
Liberty Fund, Inc. is an American nonprofit foundation headquartered in Carmel, Indiana, that promotes the libertarian views of its founder, Pierre F. Goodrich, through publishing, conferences, and educational resources. The operating mandat ...
, and they resided in Fishers, Indiana, with her two daughters. He had two children, Andrew and Rachel, from a previous marriage. Horwitz was Jewish.
Books and monographs
* ''Monetary Evolution, Free Banking, and Economic Order'', (Westview Press, 1992) .
* 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) . 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)
* ''Austrian Economics: An Introduction'', (
Cato Institute
The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of Koch Industries.Koch ...
, 2020) .
Selected articles
As author or co-author
In Natural Disasters, Companies Operate Like Neighbors ''
Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...
.''
* "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," ''
The Review of Austrian Economics
''The Review of Austrian Economics'' is a peer-reviewed academic journal covering heterodox economics published by Springer Science+Business Media. It was established by Murray Rothbard, who edited ten volumes between 1987 and 1997. After Rothbard ...
'', 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," ''The 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. 669–684.
* "Heterogeneous Human Capital, Uncertainty, and the Structure of Plans: A Market Process Approach to Marriage and Divorce" (with Peter Lewin), ''The 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
The Mercatus Center is an American libertarian, free-market-oriented non-profit think tank. The Mercatus Center is located at the George Mason University campus, but it is privately funded and its employees are independent of the university. It ...
, Washington, DC, March 19, 2008.
*
* "The Empirics of Austrian Economics" ''
Cato Unbound'', Cato, Washington, DC, September 5, 2012.
References
External links
Official websiteEconomics videos
Horwitz's bioat the
Mercatus Center
The Mercatus Center is an American libertarian, free-market-oriented non-profit think tank. The Mercatus Center is located at the George Mason University campus, but it is privately funded and its employees are independent of the university. It ...
*
{{DEFAULTSORT:Horwitz, Steven
1964 births
2021 deaths
20th-century American economists
20th-century American Jews
20th-century American male writers
20th-century American non-fiction writers
21st-century American economists
21st-century American Jews
21st-century American male writers
21st-century American non-fiction writers
American economics writers
American libertarians
American male non-fiction writers
Austrian School economists
Deaths from multiple myeloma in the United States
Economists from Michigan
George Mason University alumni
George Mason University faculty
Jewish American non-fiction writers
Mercatus Center
People with multiple myeloma
University of Michigan College of Literature, Science, and the Arts alumni
Writers from Detroit