Institute Staff and Affiliated Faculty
Dr. Benjamin Powell
Rawls College of Business
Dr. Benjamin Powell is the inaugural Director of the Free Market Institute and Professor of Economics in the Area of Energy, Economics and Law in the Rawls College of Business at Texas Tech University. He is the North American Editor of the Review of Austrian Economics, past President of the Association of Private Enterprise Education, and a Senior Fellow with the Independent Institute. He earned his B.S. in Economics and Finance from the University of Massachusetts at Lowell, and his M.A. and Ph.D. in Economics from George Mason University. Prior to joining Texas Tech University, he taught economics at Suffolk University and San Jose State University.
Professor Powell is the author of the Out of Poverty: Sweatshops in the Global Economy (Cambridge University Press: forthcoming), editor of Making Poor Nations Rich: Entrepreneurship and the Process of Development (Stanford University Press: 2008) and co-editor of Housing America: Building Out of a Crisis (Transaction: 2009). He is the author of more than 50 scholarly articles and policy studies. His primary fields of research are economic development, Austrian economics, and public choice.
Dr. Powell's research findings have been reported in more than 100 popular press outlets, including The Wall Street Journal and The New York Times. He also writes frequently for the popular press. His popular writing has appeared in the Investor's Business Daily, The Financial Times (London), the Christian Science Monitor, and many regional outlets. He has appeared on numerous radio and television outlets, including CNN, MSNBC, Showtime, CNBC, and he was a regular guest commentator on Fox Business' Freedom Watch. For more information about Dr. Powell, please visit www.benjaminwpowell.com.
Dr. Adam Martin
Political Economy Research Fellow
Dr. Adam Martin is an Assistant
Professor of Economics in the Department of Agricultural and
Applied Economics. He earned his B.A. in Economics and Theology
from the University of Dallas and his Ph.D. in Economics from
George Mason University. Prior to joining Texas Tech University,
he was a Lecturer in Political Economy and Leader of the
Rationality, Choice and Uncertainty Research Group at King's
College London. Adam has also served as 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 Cogressional Committee System."
In addition to advancing his scholarly research program, Dr.
Martin serves as a member of the Board of Scholars fro the
Foundation 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. For more information about Dr. Martin, please visit
Dr. Edward Stringham
Economics and Entrepreneurship Research Fellow
Dr. Edward Stringham is an Associate Professor of Business Economics in
the Area of Energy, Economics and Law in the Rawls College of
Business at Texas Tech University. He is the editor of the
Journal of Private Enterprise and past president of the
Association of Private Enterprise Education. He earned his B.S.
in Economics from College of the Holy Cross and his Ph.D. in
Economics from George Mason University. Prior to joining Texas
Tech University, Dr. Stringham was the Lloyd V. Hackley Endowed
Professor for the Study of Capitalism and Free Enterprise at
Fayetteville State University, 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 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
Choice. His 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 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 State University.
Dr. Michael Giberson
Dr. Michael Giberson is an Associate
Professor of Practice with
Center for Energy Commerce
in the Rawls College of Business at Texas Tech University.
He teaches U.S. Energy Policy and Regulation, Energy Economics,
and other energy-related courses. Formerly, he was an
economist with Potomac Economics, Ltd., a leading provider of
independent market monitoring and economic analysis to the
electric power industry. Dr. Giberson earned his Ph.D. in
Economics from George Mason University in 2004. For more
information about Dr. Giberson, please visit
Dr. Eduardo Segarra is a Professor of Economics in the Department of Agricultural & Applied Economics at Texas Tech University. Dr. Segarra has been a faculty member at Texas Tech University since 1988. He earned his Ph.D. in Agricultural Economics from Virginia Tech University in 1986. His primary research concerns the improvement of decision-making by the consideration of emerging technologies, changes in public policy, and environmental and resource constraints that are likely to affect society at large.
Dr. Kathleen Sheehan, Post-Doctoral Research Associate
Kathleen Sheehan is a Post-Doctoral Research Associate at the Free Market Institute. She earned her Ph.D. in Economics from West Virginia University where she taught Comparative Economic Systems, Principles of Microeconomics, and Principles of Macroeconomics. Her research interests include institutional analysis, public economics, spatial econometrics, and economic development. In particular, her research examines the origins of economic freedom and how globalization and technology affect governance and institutions. She earned a Master of Arts in Economics from West Virginia University and a Bachelor of Arts in Economics and Mathematics from Capital University. She was an Adam Smith Fellow and a Visiting Dissertation Fellow at the Mercatus Center at George Mason University and was the W. Marston and Katharine B. Becker Doctoral Fellow at West Virginia University. For more information about Dr. Sheehan, please visit www.kathleenmsheehan.com.
Charles Long serves as Administrator and Economist for the Free Market Institute and Instructor of Applied Business Economics in the Jerry S. Rawls College of Business Administration at Texas Tech University. Prior to joining Texas Tech University, Charles worked in purchasing for a wholesale distribution company near his hometown outside of Philadelphia, worked in fundraising for a DC-based education reform non-profit and completed a non-profit management training program while working as a program associate for a charitable foundation. Charles earned his bachelor’s degree from Loyola University New Orleans in 2007 and a Master of Science in Economic Policy from Suffolk University in 2009. While at Suffolk University, he worked as a Research Assistant for the Beacon Hill Institute for Public Policy Research and an adjunct instructor for the Department of Economics.
Audrey Redford is a third year Ph.D. student in the Department
of Agricultural and Applied Economics and a Graduate Instructor of Applied Business Economics in the Jerry S. Rawls College of Business Administration at Texas Tech University.
Audrey graduated from James Madison University in 2012 with a
B.B.A. in Economics with a concentration in Political Economy. She
is an Adam Smith Fellow at the Mercatus Center at George Mason
University and was a 2014 Summer Fellow at the Ludwig von Mises
Institute. Her research interests include Austrian economics and political
economy and their applications to analysis of the war on drugs
in the United States. For more information about Ms. Redford,
Raymond March is a second year Ph.D. student in the Department
of Agricultural and Applied Economics at Texas Tech University.
Raymond graduated from Florida Gulf Coast University in 2012
with a B.S. in Economics and a B.S. in Business with a
concentration in Entrepreneurship. His research interests
include Austrian economics and new institutional economics and
their applications to anlaysis of the effects of government
intervention in healthcare markets. Raymond's current research
project is part of the Free Market Institute's sponsored
research program investigating the origins of economic freedom
and prosperity. The project aims to identify and develop
empirical measures of institutional factors that contribute to
the emergence of economic freedom.