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Gary Galles

Tags Financial MarketsMonetary Theory

Works Published inMises Daily Article

Gary M. Galles is a Professor of Economics at Pepperdine University and an adjunct scholar at the Ludwig von Mises Institute. He is also a research fellow at the Independent Institute, a member of the Foundation for Economic Education faculty network, and a member of the Heartland Institute Board of Policy Advisors.

His research focuses on public finance, public choice, economic education, organization of firms, antitrust, urban economics, liberty, and the problems that undermine effective public policy. His scholarly articles have appeared in The European Journal of the History of Economics Thought, The American Economist, The Journal of Libertarian Studies, The Journal of Economics and Finance Education, The American Journal of Economics and Sociology, The Atlantic Economic Review, The Journal of Social, Political and Economic Studies, and The Independent Review. He has also authored well over 1,000 articles for general audiences, in dozens of outlets. In addition to his most recent book, Pathways to Policy Failures (2020), his books include Lines of Liberty (2016), Faulty Premises, Faulty Policies (2014), and Apostle of Peace (2013).

All Works

Be Very Afraid: Why Today's Bureaucrats Love Fear-Based Politics

06/11/2021Power & Market

What is the evidence for the plethora of bureaucrats who want us to worry more? Observe the massive outpourings of these "worrycrats"—over TV, radio, and in the press—about lung cancer, heart failure, mercury, seat belts, and more. 

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With Capitalism, Cooperation Is Just as Important as Competition

The Entrepreneur

Blog06/10/2021

Free consumers and business owners always seek to cooperate in the marketplace. After all, "suppose there were no coming together, each individual dependent solely on his or her own thoughts and productivity…. All would starve!"

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Biden's Jobs Plan: More Government Jobs Won't Fix the Economy

Taxes and Spending

Blog05/22/2021

Government jobs may help reduce the official unemployment rate, but they actually damage the economy. After all, most government workers are employed in the business of redistributing wealth and regulating private property. 

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Why the Misuse of the Word "Efficiency" Is Such a Problem

Value and Exchange

Blog05/21/2021

"Efficiency" has largely been demoted from a useful term of analysis and insight to little more than another warning that the government is about to rip you off with another redistribution scheme. 

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Supreme Court Reforms? Ask America’s First Homegrown Legal Philosopher

04/21/2021Power & Market

“The defense of one’s self, justly called the primary law of nature, is not, nor can it be, abrogated by any regulation.” 

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