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Harwood Economic Review

Winter 2021

Table of Contents

AIER Hosts Top Epidemiologists Authors of the Great Barrington Declaration
AIER Staff

If I Ruled the World: A Dangerous Dream
Richard M. Ebeling

Professor Sunetra Gupta on the Perils of Disease Modelling
AIER Staff

Why So Gullible About Government in the Face of Covid-19?
Donald J. Boudreaux

Who Deserves Your Trust in the COVID Debate?
Stacey Rudin

Climate Catastrophism and a Sensible Environmentalism
Joakim Book 

The Return of the Flagellants
Jeffrey A. Tucker

The Year of Disguises
Roger W. Koops

Lockdowners Speak with Privilege, and Contempt for the Poor and Working Class
Jenin Younes

The Devastating Economic Impact of Covid-19 Shutdowns
Peter C. Earle and Amelia Janaskie

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AIER Staff

Founded in 1933, the American Institute for Economic Research (AIER) is one of the oldest and most respected nonpartisan economic research and advocacy organizations in the country. With a global reach and influence, AIER is dedicated to developing and promoting the ideas of pure freedom and private governance by combining advanced economic research with accessible media outreach and educational programming to cultivate a better, broader understanding of the fundamental principles that enable peace and prosperity around the world.

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Richard M. Ebeling

Richard M. Ebeling

Richard M. Ebeling, an AIER Senior Fellow, is the BB&T Distinguished Professor of Ethics and Free Enterprise Leadership at The Citadel, in Charleston, South Carolina.

Ebeling lived on AIER’s campus from 2008 to 2009.

Books by Richard M. Ebeling

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Jeffrey A. Tucker

Jeffrey A. Tucker served as Editorial Director for the American Institute for Economic Research from 2017 to 2021.

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Donald J. Boudreaux

Donald J. Boudreaux

Donald J. Boudreaux is a senior fellow with American Institute for Economic Research and with the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University; a Mercatus Center Board Member; and a professor of economics and former economics-department chair at George Mason University. He is the author of the books The Essential Hayek, Globalization, Hypocrites and Half-Wits, and his articles appear in such publications as the Wall Street Journal, New York Times, US News & World Report as well as numerous scholarly journals. He writes a blog called Cafe Hayek and a regular column on economics for the Pittsburgh Tribune-Review. Boudreaux earned a PhD in economics from Auburn University and a law degree from the University of Virginia.

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Peter C. Earle

Peter C. Earle

Peter C. Earle is an economist and writer who joined AIER in 2018. Prior to that he spent over 20 years as a trader and analyst at a number of securities firms and hedge funds in the New York metropolitan area, as well as running a gaming and cryptocurrency consultancy. His research focuses on financial markets, monetary policy, the economics of games, and problems in economic measurement. He has been quoted by the Wall Street Journal, Bloomberg, Reuters, CNBC, Grant’s Interest Rate Observer, NPR, and in numerous other media outlets and publications. Pete holds an MA in Applied Economics from American University, an MBA (Finance), and a BS in Engineering from the United States Military Academy at West Point. Follow him on Twitter.

Selected Publications

“General Institutional Considerations of Blockchain and Emerging Applications” Co-Authored with David M. Waugh in The Emerald Handbook on Cryptoassets: Investment Opportunities and Challenges (forthcoming), edited by Baker, Benedetti, Nikbakht, and Smith (2022)

“Operation Warp Speed” Co-authored with Edwar Escalante in Pandemics and Liberty, edited by Raymond J. March and Ryan M. Yonk (2022)

“A Virtual Weimar: Hyperinflation in Diablo III” in The Invisible Hand in Virtual Worlds: The Economic Order of Video Games, edited by Matthew McCaffrey (2021)

“The Fickle Science of Lockdowns” Co-authored with Phillip W. Magness, Wall Street Journal (December 2021)

“How Does a Well-Functioning Gold Standard Function?” Co-authored with William J. Luther, SSRN (November 2021)

“Populist Prophets, Public Prophets: Pied Pipers of Lucre, Then and Now” in Financial History (Summer 2021)

“Boston’s Forgotten Lockdowns” in The American Conservative (November 2020)

“Private Governance and Rules for a Flat World” in Creighton Journal of Interdisciplinary Leadership (June 2019)

“’Federal Jobs Guarantee’ Idea Is Costly, Misguided, And Increasingly Popular With Democrats” in Investor’s Business Daily (December 2018)

Books by Peter C. Earle

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Roger W. Koops

Roger W. Koops

Roger W. Koops holds a Ph.D. in Chemistry from the University of California, Riverside as well as Master and Bachelor degrees from Western Washington University.  He worked in the Pharmaceutical and Biotechnology Industry for over 25 years.

Before retiring in 2017, he spent 12 years as a Consultant focused on Quality Assurance/Control and issues related to Regulatory Compliance.

He has authored or co-authored several papers in the areas of pharmaceutical technology and chemistry.

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Stacey Rudin

Stacey Rudin

Stacey Rudin is a writer and former litigator. She lives in Short Hills, New Jersey. Read more from Stacey Rudin on Medium.

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Joakim Book

Joakim Book

Joakim Book is a writer, researcher and editor on all things money, finance and financial history. He holds a masters degree from the University of Oxford and has been a visiting scholar at the American Institute for Economic Research in 2018 and 2019.

His work has been featured in the Financial Times, FT Alphaville, Neue Zürcher Zeitung, Svenska Dagbladet, Zero Hedge, The Property Chronicle and many other outlets. He is a regular contributor and co-founder of the Swedish liberty site Cospaia.se, and a frequent writer at CapXNotesOnLiberty, and HumanProgress.org.

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Jenin Younes

Jenin Younes

Jenin Younes is a graduate of Cornell University and New York University School of Law.

Jenin currently works as a civil liberties attorney in Washington DC.

She enjoys running, restaurants, and reading in her free time.

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Amelia Janaskie

Amelia Janaskie is a Research Associate at the American Institute for Economic Research. She graduated from the College of Charleston Honors College in May 2020 with a B.S. in Economics and minor in English. During her time in college, she was a Market Process Scholar with the Center for Public Choice and Market Process.

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