Mario J. Rizzo (/ˈrɪz/; born July 6, 1948) is an American economist of the Austrian School.[1] He serves as Professor of Economics at New York University.

Mario J. Rizzo
Academic career
InstitutionNew York University
Alma materUniversity of Chicago
Other notable studentsRobert P. Murphy

Early life

edit

Rizzo studied economics at Fordham University where he received his B.A. and M.A. As a student, he was then known as a follower of Murray Rothbard.[2] He received his PhD in economics from the University of Chicago.[3]

Career

edit

Rizzo is the Director of the Program on the Foundations of the Market Economy.[4] He co-directs the Classical Liberal Institute[5] at the New York University School of Law with Richard Epstein. He was the 1997-1998 president of the Society for the Development of Austrian Economics[6] and the 2017-2018 Hayek Distinguished Visiting Professor for the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center, George Mason University.[7] He edits the Routledge book series Foundations of the Market Economy with Laurence H. White.[8] His works lies at the interface between ethics and economics, law and economics, and psychology and economics.[9] Jeffrey Tucker describes Rizzo's work as having a huge influence on his early thought and argues that his major work, Austrian Economics Re-examined,[10] launched a research program that has lasted for decades.[11] Peter Boettke describes the critical role of Rizzo's research program in his early work on the economics of socialism.[12]

In 2016, Rizzo was noted for being the only professional economist to sign open letters condemning both the economic policy platforms of Donald Trump[13] and Hillary Clinton.[14][15]

Publications

edit

Selected books

edit
  • Rizzo, Mario J.; Cowan, Robin (Eds.). (1995). Profits and morality. University of Chicago Press. ISBN 9780226116327
  • Rizzo, Mario J.; O'Driscoll Jr, Gerald P. (2015). Austrian Economics Re-Examined: The Economics of Time and Ignorance. Routledge. ISBN 9781138023000
  • Rizzo, Mario J.; Whitman, Glen (2020). Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy. Cambridge University Press. ISBN 9781108760003

Selected articles

edit

References

edit
  1. ^ "The Austrian School". Austrian Economics Center. Retrieved 2019-07-15.
  2. ^ Tuccille, Jerome (2007). It usually begins with Ayn Rand. Paul Avrich Collection (Library of Congress) (Rev. and updated ed.). New York: iUniverse. p. 68. ISBN 9780595477579. OCLC 276652555.
  3. ^ "Mario Rizzo". as.nyu.edu. 15 July 2011. Retrieved 2018-07-06.
  4. ^ "Foundations of the Market Economy". wp.nyu.edu. Retrieved 2018-07-06.
  5. ^ "Classical Liberal Institute". www.classicalliberalinstitute.org. Retrieved 2018-07-06.
  6. ^ "About". Society for the Development of Austrian Economics. Retrieved 2019-07-13.
  7. ^ "Mario Rizzo". Mercatus Center: F. A. Hayek Program. 2011-07-15. Retrieved 2019-07-15.
  8. ^ "Routledge Foundations of the Market Economy - Routledge". Routledge.com. Retrieved 2019-07-13.
  9. ^ "Mario Rizzo". Mercatus Center: F. A. Hayek Program. 2011-07-15. Retrieved 2019-02-12.
  10. ^ O'Driscoll, Gerald P. (2015). Austrian economics re-examined : the economics of time and ignorance. Rizzo, Mario J. (Expanded ed.). New York. ISBN 9781138023000. OCLC 862589795.{{cite book}}: CS1 maint: location missing publisher (link)
  11. ^ "How to Pay Tribute to a Great Mind". www.aier.org. 2018-07-08. Retrieved 2019-09-21.
  12. ^ Boettke, Peter J. (2006). Calculation and coordination : essays on socialism and transitional political economy. London. pp. xv. ISBN 9780415771092. OCLC 842294347.{{cite book}}: CS1 maint: location missing publisher (link)
  13. ^ http://online.wsj.com/public/resources/documents/EconomistLetter11012016.pdf [bare URL PDF]
  14. ^ Carter, James (2016-09-26). "Economists have a message: Clinton's policies are wrong for America". TheHill. Retrieved 2019-09-21.
  15. ^ Rampell, Catherine (2 November 2016). "Analysis of economists' presidential endorsements: Who switched teams between 2012 and 2016?". The Washington Post. Retrieved 21 September 2019.
edit