Steven Horwitz

Schnatter Distinguished Professor of Free Enterprise

Ball State University

Steven Horwitz obtained his undergraduate degree from the University of Michigan, before earning his PhD in Economics from George Mason University in 1990. He then spent the majority of his academic career teaching at St. Lawrence University, in Canton, New York. Throughout his career, Steve wrote extensively on monetary economics from the perspective of the Austrian School. In 2020, he received the Julian L. Simon Memorial Award from the Competitive Enterprise Institute.


Invariably optimistic about human progress, Steven Horwitz expressed his positive vision for a freer future throughout his work. He served as a faculty member for summer seminars organized by the Institute for Humane Studies and the Foundation for Economic Education. Steven was also one of the academic philosophers involved with the Bleeding Heart Libertarians blog.


Some of his published works include Monetary Evolution, Free Banking, and Economic Order (1992), Microfoundations and Macroeconomics: An Austrian Perspective (2000), Hayek’s Modern Family: Classical Liberalism and the Evolution of Social Institutions (2015), and Austrian Economics: An Introduction (2020). Furthermore, his numerous articles have been published in professional journals such as History of Political Economy, Southern Economic Journal, and The Cambridge Journal of Economics.


A passionate educator, Steven Horwitz featured in a number of Learn Liberty videos, as well as contributing a number of articles. The values he espoused hold that respect for individual liberty is an ideal means for empowering the socially disadvantaged. 


His emphasis on the uplifting role of free markets is highlighted in a piece wherein he provides an assessment of the role of markets in driving down food costs over time, thus increasing living standards. Furthermore, in another piece, he discussed the ways in which markets made the modern concept of motherhood possible.


In Steve’s Learn Liberty videos, he addressed some common economic misconceptions. In one video, he explained why considering income inequality is not the best means to look at poverty. In other videos, he discussed the role of growth and innovation in addressing issues  relating to job creation and resource scarcity.

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