We conducted a survey by mail in 2013 of randomly selected economics professors in the United States about the welfare effects of three proposed policy reforms. We received back 574 completed surveys (a 19 percent response rate). A large majority supported a reform to increase immigration into...

In this paper, we investigate whether a statement like “the reform ought to be favored” is practically the same as “the reform would yield positive net consequences.” The first statement, featuring “ought,” is one that many economists would deem “normative,” the second,...

Israel Kirzner has been one of the leaders in fashioning an Austrian school of economics. In his rendering of the Austrian school, one finds a marriage between Friedrich Hayek's discourse with Ludwig von Mises's deductive, praxeological image of science of Ludwig von Mises - a marriage that...