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Peter J. Boettke
Peter Joseph Boettke (; born January 3, 1960) is an American economist of the Austrian School. He is currently a professor of economics and philosophy at George Mason University; the BB&T Professor for the Study of Capitalism, vice president for research, and director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at GMU. Early life and education Boettke was born and raised in Rahway, New Jersey, to Fred and Elinor Boettke. In high school and college, he played for the school basketball and tennis teams. He attended Thiel College in Greenville, Pennsylvania and later Grove City College in nearby Grove City, Pennsylvania. At Grove City, he became interested in economics when he took a course taught by Hans Sennholz, and there he developed his religious convictions. After completing a B.A. (1983) in economics at Grove City, Boettke attended George Mason University where he earned an M.A. (1987) and a Ph.D. (1989) in eco ...
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Austrian School
The Austrian School is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result exclusively from the motivations and actions of individuals. Austrian school theorists hold that economic theory should be exclusively derived from basic principles of human action.Ludwig von Mises. Human Action, p. 11, "Purposeful Action and Animal Reaction". Referenced 2011-11-23. The Austrian School originated in late-19th- and early-20th-century Vienna with the work of Carl Menger, Eugen von Böhm-Bawerk, Friedrich von Wieser, and others. It was methodologically opposed to the Historical School (based in Germany), in a dispute known as ''Methodenstreit'', or methodology struggle. Current-day economists working in this tradition are located in many different countries, but their work is still referred to as Austrian economics. Among the theoretical contributions of the early years of the Austrian School are the ...
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Elinor Ostrom
Elinor Claire "Lin" Ostrom (née Awan; August 7, 1933 – June 12, 2012) was an American Political science, political scientist and Political economy, political economist whose work was associated with New institutional economics, New Institutional Economics and the resurgence of political economy. In 2009, she was awarded the Nobel Memorial Prize in Economic Sciences for her "analysis of economic governance, especially the commons", which she shared with Oliver E. Williamson. She was List of Nobel Memorial Prize laureates in Economics, the first woman to win the Nobel Prize in Economics. After graduating with a B.A. and Ph.D. in political science from UCLA, Ostrom lived in Bloomington, Indiana, Bloomington, Indiana, and served on the faculty of Indiana University Bloomington, Indiana University, with a late-career affiliation with Arizona State University. She was a Distinguished Professor at Indiana University and the Arthur F. Bentley Professor of Political Science and co-dire ...
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Grove City, Pennsylvania
Grove City is a borough (Pennsylvania), borough in southeastern Mercer County, Pennsylvania, Mercer County, Pennsylvania, United States, located approximately north of Pittsburgh and south of Erie, Pennsylvania, Erie. At the 2020 United States Census, 2020 census, the population was 7,894. It is part of the Mahoning Valley, Youngstown–Warren metropolitan area. It is the home of Grove City College, a private liberal arts college, as well as George Junior Republic (Pennsylvania), George Junior Republic. The nearby Grove City Premium Outlets take their name from Grove City. Historically an industrial center, Grove City has manufactured locomotive engines, carriages, gas engines, foundry products, and motor trucks. Demographics As of the census of 2000, there were 8,024 people, 2,575 households, and 1,560 families residing in the borough. The population density was 3,069.7 people per square mile (1,169.1/km2). There were 2,745 housing units at an average density of 1,035.1 per squ ...
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Grove City College
Grove City College (GCC) is a private, conservative Christian liberal arts college in Grove City, Pennsylvania. Founded in 1876 as a normal school, the college emphasizes a humanities core curriculum and offers 60 majors and 6 pre-professional programs with undergraduate degrees in the liberal arts, sciences, business, education, engineering, and music. Though once associated with the Presbyterian Church, the college is now unaffiliated. History Founding Founded in 1876 by Isaac C. Ketler, the school was originally chartered as Pine Grove Normal Academy. It had twenty-six students in its first year. In 1884, the trustees of Pine Grove Normal Academy in Grove City amended the academy charter to change the name to Grove City College. By charter, the doors of the College were open to qualified students "without regard to religious test or belief." Isaac Ketler served as president until 1913. Grove City was also supported by Joseph Newton Pew, founder of the Sun Oil Company. Pe ...
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Pennsylvania
Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, Maryland to its south, West Virginia to its southwest, Ohio to its west, Lake Erie and the Canadian province of Ontario to its northwest, New York to its north, and the Delaware River and New Jersey to its east. Pennsylvania is the fifth-most populous state in the nation with over 13 million residents as of 2020. It is the 33rd-largest state by area and ranks ninth among all states in population density. The southeastern Delaware Valley metropolitan area comprises and surrounds Philadelphia, the state's largest and nation's sixth most populous city. Another 2.37 million reside in Greater Pittsburgh in the southwest, centered around Pittsburgh, the state's second-largest and Western Pennsylvania's largest city. The state's su ...
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Greenville, Pennsylvania
Greenville is a borough with home rule status in northwestern Mercer County, Pennsylvania, United States. Located along the Shenango River, it lies roughly 80 miles from both Pittsburgh and Cleveland. It is 1.89 square miles in area, and had a population of 5,541 as of the 2020 census. Incorporated as the Borough of West Greenville in 1836, it changed its name to the Borough of Greenville in 1865 and began to operate under a home rule charter on January 1, 2020, under the name of the "Town of Greenville." The origin of the name is speculated to have come from East Greenville, Pennsylvania. Greenville is part of the Youngstown–Warren metropolitan area, and was designated a financially distressed municipality in 2002 by the Commonwealth of Pennsylvania. It is home to the Werner Company, the world's largest manufacturer of step and extension ladders. Other national companies based in Greenville include Bail USA and Athena Study Abroad. A prominent regional bus company based ...
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Thiel College
Thiel College (, ) is a private college in Greenville, Pennsylvania. It is affiliated with the Evangelical Lutheran Church in America and is one of the smallest colleges or universities in the region with about 100 full-time and part time faculty members. History Founded in 1866 as a coeducational institution, Thiel College started as a result of a meeting between the Rev. Dr. William Passavant and A. Louis Thiel. At the Lutheran Church Pittsburgh Synod convention in Greensburg in 1869, it was decided that Thiel Hall would become a college and serve western Pennsylvania. Thiel College began its corporate existence on September 1, 1870. It was originally located in Philipsburg, now Monaca. It moved to Greenville in 1871. On August 1, 2016, Susan Traverso left her position as provost of Elizabethtown College and became the 20th and the first female president of Thiel College. Today, Thiel is home to about 110 full- and part-time faculty members. According to the US Department o ...
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New Jersey
New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware River and Pennsylvania; and on the southwest by Delaware Bay and the state of Delaware. At , New Jersey is the fifth-smallest state in land area; but with close to 9.3 million residents, it ranks 11th in population and first in population density. The state capital is Trenton, and the most populous city is Newark. With the exception of Warren County, all of the state's 21 counties lie within the combined statistical areas of New York City or Philadelphia. New Jersey was first inhabited by Native Americans for at least 2,800 years, with the Lenape being the dominant group when Europeans arrived in the early 17th century. Dutch and Swedish colonists founded the first European settlements in the state. The British later seized control o ...
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Mercatus Center
The Mercatus Center is an American Libertarianism in the United States, libertarian, free-market-oriented non-profit think tank. Located at George Mason University and directed by the American economist Tyler Cowen, the Mercatus Center works with policy experts, Lobbying in the United States, lobbyists, and government officials to connect academic learning and real-world practice. Taking its name from the Latin word for ''market'', the center advocates free-market approaches to public policy. During the George W. Bush administration's campaign to reduce government regulation, ''The Wall Street Journal'' reported, "14 of the 23 rules the White House chose for its 'hit list' to eliminate or modify were Mercatus entries". According to the ''2017 Global Go To Think Tank Index Report'' (Think Tanks and Civil Societies Program, University of Pennsylvania), Mercatus is number 39 in the "Top Think Tanks in the United States" and number 18 of the "Best University Affiliated Think Tanks". T ...
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Social Philosophy
Social philosophy examines questions about the foundations of social institutions, social behavior, and interpretations of society in terms of ethical values rather than empirical relations. Social philosophers emphasize understanding the social contexts for political, legal, moral and cultural questions, and the development of novel theoretical frameworks, from social ontology to care ethics to cosmopolitan theories of democracy, natural law, human rights, gender equity and global justice. Subdisciplines There is often a considerable overlap between the questions addressed by social philosophy and ethics or value theory. Other forms of social philosophy include political philosophy and jurisprudence, which are largely concerned with the societies of state and government and their functioning. Social philosophy, ethics, and political philosophy all share intimate connections with other disciplines in the social sciences. In turn, the social sciences themselves are of focal in ...
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Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, desc ...
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Economist
An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are many sub-fields, ranging from the broad philosophy, philosophical theory, theories to the focused study of minutiae within specific Market (economics), markets, macroeconomics, macroeconomic analysis, microeconomics, microeconomic analysis or financial statement analysis, involving analytical methods and tools such as econometrics, statistics, Computational economics, economics computational models, financial economics, mathematical finance and mathematical economics. Professions Economists work in many fields including academia, government and in the private sector, where they may also "study data and statistics in order to spot trends in economic activity, economic confidence levels, and consumer attitudes. They assess ...
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