Nationality American Name Gene Callahan Influenced by Henry Hazlitt | Influences Henry Hazlitt Role Economist | |
School or tradition Austrian School of Economics Education London School of Economics and Political Science Books Economics for Real People, Oakeshott on Rome and America Similar People Murray Rothbard, Henry Hazlitt, Hans‑Hermann Hoppe, George Reisman, Ludwig von Mises | ||
Gene Callahan is an American economist and writer. He is a charter member of the Michael Oakeshott Association, and is the author of two books, Economics for Real People and Oakeshott on Rome and America. He currently teaches at State University of New York at Purchase and is Honorary Fellow at Cardiff University.
Callahan has written for Reason, The Freeman, The Free Market, Slick Times, Java Developer's Journal, Software Development, Dr. Dobb's Journal, Human Rights Review, Independent Review, NYU Journal of Law and Liberty, Review of Austrian Economics, and other publications. He was also a frequent contributor to LewRockwell.com, prior to 2008.
Originally from Connecticut, Callahan has a Master's degree from the London School of Economics, a PhD from Cardiff University, and currently lives in Brooklyn, New York.
Economics For Real People
David Gordon's review of Callahan's Economics for Real People in the Mises Review states:
Wittgenstein famously said, "whatever can be said, can be said clearly"; but does this apply to economics? Callahan, like his great predecessor, Henry Hazlitt, shows that it does. If the theme of Hazlitt's Economics in One Lesson is the indirect effects of intervention in the economy, Callahan's dominant thread is the role of monetary calculation in making possible cooperative activity on a vast scale.
According to economist Richard Ebeling, Callahan's book:
...neatly explains why socialist central planning must inevitably result in failure because the abolition of private property, market competition, and money prices eliminates the institutional prerequisites for economic calculation, without which the central planner is left with no rational method to determine whether or not the resources under his control are being applied in an efficient manner.