Nationality American Fields Economics Role Economist | Name Larry Sechrest | |
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Born October 12, 1946 ( 1946-10-12 ) Detroit, Michigan Institution Sul Ross State University (1990–2008) Alma mater University of Texas at Arlington (Ph.D 1990, M.A. 1985, B.A. 1968) Influences Edmund Burke, Friedrich Hayek, Ludwig von Mises, Ayn Rand, Murray Rothbard Died October 30, 2008, Alpine, Texas, United States Education University of Texas at Arlington Books Free Banking: Theory, History, and a Laissez-Faire Model Influenced by Edmund Burke, Friedrich Hayek, Ludwig von Mises, Ayn Rand, Murray Rothbard | ||
School or tradition Austrian School | ||
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Larry James Sechrest (; October 12, 1946 – October 30, 2008) was an American economist who advocated the ideas of the Austrian School. He was a Professor of Economics at Sul Ross State University and was director of the university's Free Enterprise Institute.
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Career
After working as an instructor at the University of Texas at Arlington, Sechrest joined the faculty of Sul Ross State University in 1990. In 1991, he became director of its Free Enterprise Institute. In 1993, his book Free Banking: Theory, History, and a Laissez-Faire Model was published by Quorum Books. He became a full professor in 2002.
Sechrest was a libertarian and promoted the ideas of the Austrian School of economics. His early influences included the Austrian economists Ludwig von Mises, Friedrich Hayek and Murray Rothbard, as well as non-economists such as Edmund Burke and Ayn Rand. He supported free banking and anarcho-capitalism.
In 2004, Sechrest created controversy with an article he wrote for Liberty magazine. In the article, titled "A Strange Little Town in Texas", he described the town of Alpine, Texas, where Sul Ross State is located. He praised its weather, open spaces, and low crime rate, but said the residents were "stupid" and "inbred", dubbing the area "the proud home of some of the dumbest clods on the planet." He extended this critique to his employer, the university, declaring that its graduates were "still operating at about a tenth-grade level" and only got degrees "via the malfeasance of professors and administrators." When copies of the article circulated around town, the reaction was mostly hostile. He received death threats and obscene messages, and his property was vandalized. The president of Sul Ross State disavowed Sechrest's views, but could not take any formal action against him since Sechrest had tenure. Students threatened to boycott his classes. The town's mayor responded by declaring a "We Love Alpine Week" with a rally and parade. The controversy eventually tapered off and Sechrest continued teaching at the university.
Sechrest had numerous articles published in peer-reviewed journals, including the Journal of Economics, the South African Journal of Economic and Management Sciences, the Review of Austrian Economics, and Reason Papers. He also wrote for non-academic outlets such as Liberty, The Freeman, and Free Radical. He served on the editorial board of the Quarterly Journal of Austrian Economics and the advisory board of the The Journal of Ayn Rand Studies. He was a member of the New York Academy of Sciences.
Personal life
Sechrest was born on October 12, 1946 in Detroit, Michigan. At the age of 11 he moved with his family to Arlington, Texas. He graduated from Grand Prairie High School, and then received a Bachelor of Arts from the University of Texas at Arlington in 1968. He worked for many years in the hotel business, but eventually returned to the university to obtain his master's degree in 1985 and his Ph.D. 1990.
Sechrest died from heart failure on October 30, 2008. He was survived by his wife and by two children from an earlier marriage.