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Patrick Newman

Dr. Patrick Newman is Murray N. Rothbard Research Fellow at the Mises Institute and assistant teaching professor of economics at the University of Tampa. His research interests include macroeconomics, monetary policy, economic history, and cronyism. He is the author of Cronyism: Liberty versus Power in Early America, 1607-1849 (Mises Institute, 2021) and the editor of Murray Rothbard’s Conceived in Liberty: The New Republic, 1784-1791 (Mises Institute 2019) and The Progressive Era (Mises Institute, 2017), His current projects include The Making of a Misesian Economist, coauthored with Joseph Salerno, and Cronyism: Rise of the Corporatist State, 1849-1929.

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Articles

Faculty Spotlight—Patrick Newman

08/25/2026 The Misesian Patrick Newman

Patrick Newman is an assistant teaching professor of economics at the University of Tampa and the Murray N. Rothbard Research Fellow at the Mises Institute. He is the author of several books, the most recent is Cronyism: Rise of the Corporatist State, 1849–1929 (2026).

Book Review: Economic Episodes in American History, 2nd ed.

02/23/2023 Quarterly Journal of Austrian Economics Patrick Newman

Patrick Newman reviews Schug, Wood, Ferrarini, and Niederjohn’s vital response to the anti-capitalistic teaching in modern high school history classrooms.

Book Review: Red Handed: How American Elites Get Rich Helping China

09/01/2022 Quarterly Journal of Austrian Economics Patrick Newman

Patrick Newman reviews Peter Schweizer’s Red Handed, which argues that the Chinese government, politically connected businesses, and other influential entities have essentially bought out American elites.

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Publications

Cronyism: Rise of the Corporatist State, 1849–1929

07/29/2026 Patrick Newman

This book is about the birth of the corporatist state in America. It did not occur instantaneously or even within a couple of years; it spanned the eight decades from the collapse of the Jacksonian Democrats in 1849 to the pervasive dominance of Wall

Murray N. Rothbard: The Making of an Austrian Economist

Joseph T. Salerno Patrick Newman

The goal of this book is to fill the gap in Rothbardian scholarship and present an intellectual biography that shows Rothbard’s evolution from a neoclassical graduate student to a pioneer in Austrian economics. Our thesis is twofold. First, Mises was

Cronyism: Liberty versus Power in Early America, 1607–1849

08/17/2021 Patrick Newman

From the Introduction to Cronyism: Liberty versus Power in Early America, 1607–1849. The present book is an economic and political history of early America, describing government policies and their effects on marketplace activity. In particular, it

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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

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