Ph.D. Northwestern University, Kellogg Graduate School of Management
University of Florida (Gainesville, Florida): mathematics
B.S. Seoul National University (chemical engineering)
Interests
Economic Theory:
Specialization and Increasing Returns,
Anti-commons and Property Rights,
Organization of Authority
Public Finance: Tragedy of the Commons, Taxation and Increasing Returns
Public Choice: Voting Theory, Campaign Finance and Media
Non-American Constitutional Economics
Economic Demography: Sex Ratio, Bioethics
Research Grant: Earhart Foundation, 2002.
Professional Experience
George Mason University (Fairfax, VA), Center for Study of Public Choice, Senior Research Scholar (July 1997 – present)
Yokohama City University (Yokohama, Japan)
Virginia Polytechnic Institute & State University, Blacksburg, VA,
Public Service Commission, Washington D.C.
University of Missouri-Columbia, Columbia, Missouri Tennessee Tech University (Cookeville, Tenn.), 1976 - 1977University of Michigan – Flint (1977 - 1979), Assistant Professor of Mathematics
PUBLICATIONS
"Technological Change and the Embodiment Hypothesis", Economics Letters, 1989
"Investment and Learning by Doing," Southern Economic Journal, January 1991
"Increasing returns, Parametric Work-Supply Adjustment, and the Work Ethic" (with James M. Buchanan): in The Return to Increasing Returns, 1994
Concluding chapter, in The Return to Increasing Returns, 1994
"Rational Majoritarian Taxation of the Rich: With Increasing Returns and Capital Accumulation" (with James M. Buchanan), Southern Economic Journal, April 1995
"Constitutional Implications of Alternative Models of Increasing Returns" (with James M. Buchanan), Constitutional Political Economy, December 1995
"The natural gas industry and interest rates: FERC Order 636," Energy Policy, September 1995.
"Reforms by Agreement" in James Buchanan's world of Economics, (in Korean), Economic Research Institute), 1997
"Generalized Increasing Returns, Euler's Theorem and Competitive Equilibrium," (with James M. Buchanan) History of Political Economy, 1999
"Hong Kong's Perspective: Suzerainty" (with James M. Buchanan) in Investor's Business Daily: Editorials, Counterpoint, August 5, 1997
"The Efficacy of Arbitrary Rules," (with James Buchanan) in R. Mudambi, P. Navarra and G. Sobbrio (eds.) Rules and Reason: Perspectives in Constitutional Political Economy, forthcoming 2000 Cambridge University Press
"The Wisdom of Suzerainty" in Center for Asian Pacific Economic Cooperation Journal, September 1998
"Rationality as Prudence: Another Reason for Rules" (with James Buchanan), Constitutional Political Economy, 1999
"A Smithean Perspective on Increasing Returns" (with James Buchanan), Journal of History of Economic Thought, 1999
"Variations on Tullock's Road Model" (with James Buchanan), 2000
in Fishback, P.- Libecap, G.-Zajac, E.(eds), Public Choice Essays in Honor of a Maverick Scholar: Gordon Tullock, Kluwer Academic Publishers
“The Voracity Effect Puzzle: Comment”, 1999 Buchanan-Festschrift
“Symmetric Tragedies: Commons and Anti-commons” (with James Buchanan), Journal of Law and Economics, April 2000 XLIII (1) pp. 1-13.
"Majoritarian Management of the Commons" (with James Buchanan) Economic Inquiry, 2001
“Politics as Tragedy: The Logic of Common Access to Social Value,” Journal of Public Finance and Public Choice, XVIII, 1, 2000
“Globalization as Framed by the Two Logics of Trade” (with James M. Buchanan) The Independent Review, winter 2002 (vol. 6, no. 3).
“National Taxpayers Union,” in Korean, The Korean Taxpayers Union, Fall 2001.
“Universalism through common access: an alternative model of distributive politics” (with James Buchanan), Political Research Quarterly, Vol. 55, No.3 (September 2002)
“A Correction in Elementary Public Choice Geometry” (with James Buchanan), Public Choice, 115: 285-298, 2003
“Majoritarian Exploitation of Fiscal Commons: General Taxes -Differential Transfers” (with James M. Buchanan), forthcoming in European Journal of Political Economy\
Articles in Newspapers and Magazines
“Civil Society and Free Media,” Executive Essay series by Center for Free Enterprise, Seoul, Korea, June 2003
“To Transform North Korea into a Normal Country,” (in Korea) JoongAng Daily, Seoul, Korea, August 26, 2003
“Economic Order and Authority,” (in Korean) Monthly Chosun, Seoul, Korea, December 2003.
Reviews:
James M. Buchanan: Essays on Political Economy (University of Hawaii Press) Southern Economic Journal (October 1991).
James M. Buchanan: Ethics and economic progress (University of Oklahoma Press) Kyklos (September 1995).
Donald McCloskey: Knowledge and Persuasion in Economics Southern Economic Journal (January 1996)
Donald Wittman: The Myth of Democratic Failure: Why Political Institutions Are Efficient (University of Chicago Press) Southern Economic Journal (April 1997).
Michael Behe: Darwin’s Black Box, Journal of Bio-economics (2002)
Russell Hardin: Indeterminacy, forthcoming in Public Choice
Other Scientific Papers:
"Effects of Thermodynamic Nonlinearity Term on the Differential Molecular Volume Change," (with Paul Chun) Biopolymer, Vol. 16, 1977.
"Stability of an Infinite System of Differential Equations for the Kinetics of Polymer Degradation," Dynamical Systems, 1977.
Book: The Return to Increasing Returns (with James M. Buchanan), 1994 University of Michigan Press.
Translation: Economic Freedom and Interventionism by Ludwig von Mises
(Foundation of economic education, 1990) in Korean, 1997
Manuscripts
“Rational Choice in Voting: Condorcet Puzzle and Cardinal Utility”
“Rational Preferences and Rational Choice”
“The Sex Ratio and Social Dilemma” 2002
"Collective outcome dominance under alternative decision rules: Combinatorial Analysis" 2002
“Constitutional Reasoning and Natural Equals” 2003
“No more cycles – but the tragedy of the commons remains”
“Peace on the Korean Peninsula” 2003
“Public Choice and Constitutional Economics” at Hiroshima University, 2003
“Majority Rules and Constitutional Restrictions” (in Korean)
“Tragedy of the Commons, Increasing Returns, and Population demography” (comment on Harding)
Invited Lectures and participation
in Liberty Fund colloquium:
“Order and Liberty: Classical Liberalism and Contractarianism”
July 1993, Arlington, VA
“The History of Cultures, Liberty and Economic Performance”
March 1999, Dallas, Texas
“The Tragedy of the Anti-commons”
March 2003, New Port Beach, California
Seoul National University, Department of economics
Kim Tae Sung Lecture Series: Public choice and constitutional economics
Seoul, Korea, September 18 through October 1, 2002.
Free School of economics and Academy of economics
“Constitutional political economy”
Moscow, Russia, October 15 through November 1, 2002.