Phil Magness

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F.A. Hayek Chair in Economics and Economic History

Phillip W. Magness is Senior Research Faculty and F.A. Hayek Chair in Economics and Economic History at the American Institute for Economic Research. He is also a Research Fellow at the Independent Institute. He holds a PhD and MPP from George Mason University’s School of Public Policy, and a BA from the University of St. Thomas (Houston). Prior to joining AIER, Dr. Magness spent over a decade teaching public policy, economics, and international trade at institutions including American University, George Mason University, and Berry College. Magness’s work encompasses the economic history of the United States and Atlantic world, with specializations in the economic dimensions of slavery and racial discrimination, the history of taxation, and measurements of economic inequality over time. He also maintains an active research interest in higher education policy and the history of economic thought. His work has appeared in scholarly outlets including the Journal of Political Economy, the Economic Journal, Economic Inquiry, and the Journal of Business Ethics. In addition to his scholarship, Magness’s popular writings have appeared in numerous venues including the Wall Street Journal, the New York Times, Newsweek, Politico, Reason, National Review, and the Chronicle of Higher Education.

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Research Publications by Phillip W. Magness

Title: How pronounced is the U-curve? Revisiting income inequality in the United States, 1917–60


Authors: VJ Geloso, P Magness, J Moore, P Schlosser

Publication: The Economic Journal 132 (647), 2366-2391, 2022

Title: How the Academy Rehabilitated Karl Marx


Authors: PW Magness

Publication: Cato Institute, 2022

Title: Misrepresenting Mises: Quotation Editing and a Rejection of Peer Review at Cambridge University Press.


Authors: PW Magness, A Janaskie

Publication: Econ Journal Watch 19 (1), 2022

Title: Situating Southern Influences in James M. Buchanan and Modern Public Choice Economics


Authors: A Carden, V Geloso, PW Magness

Publication: Standard of Living: Essays on Economics, History, and Religion in Honor of …, 2022

Title: The 1619 Project Deserves Consideration and Criticism


Authors: PW Magness

Publication: Cato Institute, 2022