Prof. Steve Horwitz (Ph.D., George Mason University) is Distinguished Professor of Free Enterprise at Ball State University in Muncie, Indiana. He is the author of Hayek's Modern Family: Classical Liberalism and the Evolution of Social Institutions (Palgrave Macmillan, 2015).
What textbook did you use when you first studied economics, and would you still use it today as a professor?
To be honest, I cannot for the life of me remember what book I was assigned when I first took intro! My guess is that whatever it was, I wouldn't use it today because there are so many new approaches, and developments of old ones, over the last 37 years that hte book would be out of date.
For long-term happiness, how important (or unimportant) is it that one has the same perspecive on economic matters as one's spouse?
I don’t think one has to have the same political views as one’s spouse to be happy. I think it can help, but I know plenty of happy couples who either disagree or where one spouse just isn’t especially political. I do think that mutual respect is important, of course. And I do think that if you’re going to be the spouse of an economist, you should at least understand the economic way of thinking because it’s likely to be invoked in a lot of household decision making.
What textbook did you use when you first studied economics, and would you still use it today as a professor?
To be honest, I cannot for the life of me remember what book I was assigned when I first took intro! My guess is that whatever it was, I wouldn't use it today because there are so many new approaches, and developments of old ones, over the last 37 years that hte book would be out of date.
For long-term happiness, how important (or unimportant) is it that one has the same perspecive on economic matters as one's spouse?
I don’t think one has to have the same political views as one’s spouse to be happy. I think it can help, but I know plenty of happy couples who either disagree or where one spouse just isn’t especially political. I do think that mutual respect is important, of course. And I do think that if you’re going to be the spouse of an economist, you should at least understand the economic way of thinking because it’s likely to be invoked in a lot of household decision making.
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