Cambridge University Press has released a new book from Free
Market Institute Director, Dr. Benjamin Powell, titled
Out of Poverty: Sweatshops in the Global Economy.
The book is a new volume in the Cambridge Studies in Economics,
Cognition and Society series and is available for purchase at
Cambridge University Press has released a new book from Free Market Institute Director, Dr. Benjamin Powell, titled Out of Poverty: Sweatshops in the Global Economy. The book is a new volume in the Cambridge Studies in Economics, Cognition and Society series and is available for purchase at Amazon.
Free Market Institute Hires Post-Doctoral Research Associate for Templeton Project
Free Market Institute is pleased to announce that Ms. Kathleen
Sheehan will be joining Texas Tech University as a Post-Doctoral
Research Associate with the Free Market Institute for the
2014-2015 academic year. Kate is currently a Ph.D.
candidate in the Department of Economics at West Virginia
University and a Visiting Dissertation Fellow at the Mercatus
Center at George Mason University. She expected to receive
her Ph.D. this May.
Dr. Sheehan will work to advance the Free Market Institute's
research on the Origins of Economic Freedom, which is associated
with a grant awarded by the John Templeton Foundation. Her
current research interests include institutional analysis,
public economics, spatial econometrics, and economic
development. In particular, her research examines how
globalization influences informal institutions and how internet
access affects governances and institutions. Kate earned a
M.A. in Economics from West Virginia University and a B.A. in
Economics and Mathematics summa cum laude from Capital
The faculty and staff of the Free Market Institute are excited
to welcome Ms. Sheehan to the Texas Tech University community.
Dr. Edward Stringham and Dr. Adam Martin to Join the Free Market Institute
The Free Market Institute is pleased
to announce that Dr. Edward Stringham and Dr. Adam Martin will
be joining Texas Tech University as Faculty Affiliates of the
Free Market Institute beginning in the fall of 2014. Dr.
Stringham will have a faculty appointment as an Associate
Professor of Economics in the Area of Energy, Economics and Law
in the Jerry S. Rawls College of Business Administration.
Dr. Martin will have a faculty appointment as an Assistant
Professor in the Department of Agricultural and Applied
Economics in the College of Agricultural Sciences & Natural
Stringham will join Texas Tech University from Fayetteville
State University where he is Lloyd V. Hackley Endowed Professor
for the Study of Capitalism and Free Enterprise. Prior to
that position, he served as Shelby Cullom Davis Visiting
Associate Professor of American Business and Economic Enterprise
at Trinity College and Associate Professor of Economics at San
Jose State University.
Dr. Stringham is the editor of the
Journal of Private Enterprise
and past president of the Association of Private Enterprise
Education. He is the editor of two books and author of
more than two dozen articles in refereed journals, including
Journal of Economic Behavior and Organization, Journal
of Institutional and Theoretical Economics, and Public
forthcoming book, Private Governance,
will be published by Oxford University Press.
Dr. Stringham's research has been discussed on more than
100 broadcast stations and in hundreds of newspapers worldwide,
including many of the highest circulating newspapers in the
United States. He earned his doctorate in economics from
George Mason University in 2002 and has won several awards
including Paper of the Year Award from the Association of
Private Enterprise Education and Excellence in Graduate Teaching
Award from the School of Business and Economics at Fayetteville
Martin will join Texas Tech University from King's College
London where he is a Lecturer in Political Economy and Leader of
the Rationality, Choice, and Uncertainty Research Group.
Prior to that position, he was a post-doctoral fellow at the
Development Research Institute at New York University and has
been a visitor at the Center for the History of Political
Economy at Duke University and the Social Ontology Group at
Dr. Martin's research interests focus on the intersection of
philosophy, politics and economics and include Austrian
economics, economic methodology, economic development and public
choice. The main thread of his work concerns the relevance
of Frank Knight's distinction between risk and uncertainty for
contemporary political economy. His research has been
published in Journal of Economic Methodology and
Public Choice among other scholarly outlets. He is
the recipient of the 2013 Gordon Tullock Prize for Best Paper in
Public Choice by a Junior Scholar,
awarded for his paper (co-authored with Diana W. Thomas),
"Two-Tiered Political Entrepreneurship and the Congressional
In addition to advancing his scholarly research program,
Dr. Martin serves as a member of the Board of Scholars for the
Founation for Economic Education, Director of the Humane Studies
Fellowship for the Institute for Humane Studies at George Mason
University and judge for the Carl Menger Essay Contest for the
Society for the Development of Austrian Economics, an
undergraduate essay competition he co-founded.
The faculty and staff of the Free Market Institute are excited
to welcome both Dr. Stringham and Dr. Martin to the Texas Tech
Dr. Lawrence Schovanec and Dr. Benjamin Powell Introduce the Free Market Institute
March 6, 2013, Texas Tech University officially launched the
Free Market Institute during a reception hosted in the Jerry S.
Rawls College of Business Administration. Dr. Lawrence
Schovanec, Interim President of Texas Tech University,
introduced the Free Market Institute and acknowledged the
generosity of the Institute's primary donor. Dr. Schovanec
also discussed the motivations for establishing the Institute and
its mission, vision and anticipated impact on the university,
the city of Lubbock and other communities in west Texas, the
nation and the world.
Dr. Schovanec also introduced the inaugural Director of the Free
Market Institute, Dr. Benjamin Powell. Dr. Powell
elaborated on Dr. Schovanec's remarks about the mission and
vision for the Institute and briefly summarized the public
lecture on "The Rise and Decline of Economic Freedom in the
United States" that preceded the reception, discussing its main
themes in the context of the broader vision for the Institute.
Coverage of the event from The Daily Toreador can be
here. Video of the public lecture from Dr.
Robert Lawson can be accessed on the Institute's
Past Events page. Video of Dr. Schovanec and Dr.
Powell's remarks can be accessed here:
Introducing the Free Market Institute.