Archive for James Rolph Edwards

How Nineteenth-Century Americans Responded to Government Corruption

James Rolph Edwards is an associate professor of economics at Montana State University-Northern. From its origin as a distinct secular scientific discipline with the French Physiocratic school in the middle of the eighteenth century, and the British classical school that followed, economics had a pro-market, limited-government orientation. Indeed, intellectual historians and political philosophers often refer [...]

1Apr2004 | James Rolph Edwards | 2 comments | Continued

Do Big Corporations Control America?

Since the mid-eighteenth century the development of market-based societies in America and elsewhere, with constitutional protections of property and freedom, has had startling effects. Well over 90 percent of the improvement in the material living standards of ordinary persons that has occurred in the 6,000 years of recorded human history has occurred in that last [...]

1Mar2002 | James Rolph Edwards | 7 comments | Continued

Free Trade Versus Protectionism: A Source Book of Essays and Readings

This is a book that operates on several levels and succeeds, to a greater or lesser degree, on all of them. Centrally, it is a history of economic thought in the form of extracts and short essays by the prominent advocates of free trade and protectionism, extending from mercantilist times to the present. Thus the [...]

1Aug2000 | James Rolph Edwards | 0 comments | Continued

Freedom, Legislation, and Disabilities

Dr. Edwards is Associate Professor of Economics at Montana State University-Northern. The Americans with Disabilities Act, which took effect in January 1992, attempts to prevent discrimination in employment against the disabled and to guarantee access to "public" (i.e., business) accommodations. Providing "access" to disabled employees quickly began to generate costly adjustments in physical facilities by [...]

1Apr1995 | James Rolph Edwards | 0 comments | Continued

Free Markets and Externalities: The Symmetry of Unintended Effects

James Rolph Edwards is Associate Professor of Economics at Montana State University—Northern. Someone once said that the world is not only a stranger place than we know, it is a stranger place than we can know. Whether that is true or not, upon close examination it often turns out to be quite different in crucial [...]

1Aug1994 | James Rolph Edwards | 0 comments | Continued

The Benefits of Variation

James Rolph Edwards is assistant professor of economics at Northern Montana College. As a professor of economics who wishes to convince his students of the importance of economic insights without overselling economic knowledge, I have always taught my students that even the best economic models have only heuristic value and cannot be expected to explain [...]

1Aug1993 | James Rolph Edwards | 0 comments | Continued
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