Free Market Institute

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FMI Faculty and Staff Travel with the Free Market Road Show

During April and May of 2015, Free Market Institute (FMI) faculty and staff members traveled through central and eastern Europe for the 8th annual Free Market Road Show. FMI Director, Benjamin Powell (May 21-27), Political Economy Research Fellow, Adam Martin (May 7-14) and Post-Doctoral Research Associate, Kathleen Sheehan (April 20-29), participated in panel discussions and delivered keynote lectures on issues related to the program theme of 'How to Create Growth?' Texas Tech University recently published a press release with more details about the events that can be accessed here: Free Market Institute Faculty Spread the Ideas of Economic Freedom.

Bob Murphy and Alex Salter to Join the FMI

The Free Market Institute (FMI) is pleased to announce the hiring of Dr. Robert Murphy and Dr. Alexander Salter. They will join the FMI and Texas Tech University (TTU) effective with the start of academic year 2015-2016.

Dr. Robert P. Murphy, Research Assistant Professor at the FMI

Robert Murphy, Senior Economist at the Institute for Energy Research, has accepted a Research Assistant Professor position with the FMI. Dr. Murphy earned his Ph.D. in economics in 2003 from New York University, where he studied with influential Austrian economists, Israel Kirzner and Mario Rizzo.

In the past, Dr. Murphy has served as a Visiting Assistant Professor of Economics at his alma mater, Hillsdale College, a Visiting Scholar at New York University and a Research Analyst at Laffer Associates. Since 2007, he has served as Senior Economist at the Institute for Energy Research and Senior Fellow for Business and Economic Studies at Pacific Research Institute.

Dr. Murphy has authored numerous scholarly articles and energy policy studies, over 100 popular publications for lay audiences, and multiple books, including The Politically Incorrect Guide to Capitalism. His current research focuses on the economics of climate change, particularly the proper discount rate to be used in cost-benefit analyses and the implications of structural uncertainty for policy solutions. In his role with the FMI, he will contribute original research to the FMI's ongoing research program, Research on the Origins of Economic Freedom and Prosperity.

Dr. Alexander W. Salter, Comparative Economics Research Fellow at the FMIAlexander Salter, Assistant Professor of Economics at Berry College, has also accepted a position with the FMI. Starting in September 2015, he will serve as Comparative Economics Research Fellow with the FMI and Assistant Professor of Economics in the Area of Energy, Economics and Law in the Jerry S. Rawls College of Business Administration.

Dr. Salter earned his B.A. in economics from Occidental College, and his M.A. and Ph.D. in economics from George Mason University. Dr. Salter's research focuses on comparative political economy and institutional analysis. He is interested in topics related to monetary economics and macroeconomics, and especially which monetary and macroeconomic institutions best promote economic stability. His research interests also include the economics of governance in the tradition of the Virginia School of political economy, investigating which governance rules effectively align the incentives of governors with the welfare of the governed.

In addition to conducting scholarly research, Dr. Salter also serves as an adjunct program officer with the Institute for Humane Studies at George Mason University, a project fellow with the Atlas Sound Money Project, and an associate editor of the Journal of Private Enterprise.

Noted Scholar in the Economics of Entrepreneurship to Visit

Dr. Russ Sobel, Visiting Scholar in Entrepreneurship, The CitadelRussell Sobel, Visiting Scholar in Entrepreneurship at The Citadel and Visiting Fellow at the South Carolina Policy Council, will serve as Templeton Visiting Scholar during the fall 2015 semester. He has authored or co-authored over 150 peer-reviewed articles and books and his research has been featured in several major media outlets.

Dr. Sobel serves on the editorial board of three academic journals and on the advisory board for four university centers. He has won numerous awards for both his teaching and research. His recent research focuses in the areas of state economic policy and entrepreneurship.

During his visit to the FMI at Texas Tech University (TTU), Dr. Sobel will participate as a commenter in a research conference focused on Research on the Origins of Economic Freedom and Prosperity and deliver a research workshop presentation where he will present original working research. He will also provide guidance to TTU graduate students on their current research projects.

FMI Post-Doc Accepts Tenure-Track Position

Dr. Kathleen Sheehan, Post-Doctoral Research Associate at the FMIKathleen Sheehan has worked with the FMI as a Post-Doctoral Research Associate during the 2014-2015 academic year contributing to the scholarly output for the FMI's Research on the Origins of Economic Freedom and Prosperity. In March 2015, Dr. Sheehan accepted a tenure-track faculty position in the Heider College of Business at Creighton University. Beginning in September 2015, Kate will serve as an Assistant Professor of Economics in the Department of Economics and Finance and have a scholarly affiliation with the Creighton Institute for Economic Inquiry, which has a mission similar to that of the FMI.

TV Show: Free to Exchange

TV Show: Free to Exchange

The Free Market Institute (FMI), in conjunction with KTTZ-TV, produces Free to Exchange, an interview-based television program that focuses on contemporary economic and public policy issues. Visit the Free to Exchange page where the FMI maintains a catalog of past episodes.

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