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Andrew Young

Works Published inMises Daily ArticleQuarterly Journal of Austrian Economics

Andrew Young is the director of graduate students and a research fellow at the Free Market Institute. He also serves as a professor of economics in the Jerry S. Rawls College of Business Administration at Texas Tech University.

Prof. Young is co-editor of Contemporary Economic Policy and an associate editor for macroeconomics, growth, international economics, trade, and finance of Southern Economic Journal. He earned his B.A. in economics from the College of the Holy Cross and his Ph.D. in economics from Emory University. Prior to joining Texas Tech University, he taught economics at West Virginia University, University of Mississippi and Emory University.

Prof. Young is the author of more than 40 scholarly articles and book chapters. He has served as chair for several dissertation committees. His primary fields of research are economic growth and development and political economy more generally. His recent research focuses on the political economy of Germanic barbarians in late antiquity. For more information about Prof. Young, please visit

All Works

Enterprising Education: Doing Away with the Public School System

EducationFree MarketsEntrepreneurship

03/07/2019Mises Daily Articles
Besides national defense, no government-provided service enjoys as much exemption from scrutiny as the provision and subsidization of primary public education.
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A Capital-Based Theory of Secular Growth

Capital and Interest Theory

07/30/2014Quarterly Journal of Austrian Economics
Roger Garrison (2001) provides a welcome diagrammatic exposition of Austrian, capital-based macroeconomics. The exposition attempts to account not only for Austrian business cycles (ABCs), but also for long-run, secular growth.


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A Capital-Based Theory of Secular Growth: Reply to Engelhardt

Capital and Interest Theory

07/30/2014Quarterly Journal of Austrian Economics
Engelhardt’s analysis implicitly assumes away the presence of diminishing returns. Diminishing returns have long been at the heart of growth theory


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Freedom and Prosperity in Liechtenstein: A Hoppean Analysis

Free MarketsMedia and CultureProduction TheoryValue and Exchange

07/30/2014The Journal of Libertarian Studies
Liechtenstein has long been recognized as one of the most free and prosperous countries in the world. However, there has been little analysis of Liechtenstein’s development because the scant research that existed was in German and therefore inaccessible to most American scholars. Furthermore, many...


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