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Larry J. Sechrest

January 30, 2023

Larry James Sechrest (/ˈsiːkrɛst/; 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.

Larry Sechrest
Larry Sechrest
Born(1946-10-12)October 12, 1946
Detroit, Michigan
DiedOctober 30, 2008(2008-10-30) (aged 62)
Alpine, Texas
InstitutionSul Ross State University (1990–2008)
FieldEconomics
School or
tradition		Austrian School
Alma materUniversity of Texas at Arlington (Ph.D 1990, M.A. 1985, B.A. 1968)
InfluencesEdmund Burke, Friedrich Hayek, Ludwig von Mises, Ayn Rand, Murray Rothbard

Career

After working as an instructor at the University of Texas at Arlington, Sechrest joined the faculty of Sul Ross State University in 1990.[1] 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.[2]

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."[3] 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.[4][5][6][7][8]

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 Journal of Ayn Rand Studies. He was a member of the New York Academy of Sciences.[1][2][9]

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,[10] 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.[1][2][5][9]

Sechrest died from heart failure on October 30, 2008. He was survived by his wife and by two children from an earlier marriage.[1][4]

Selected bibliography

  • "White's Free Banking Thesis: A Case of Mistaken Identity". Review of Austrian Economics. November 1987, Vol. II, 247–257.
  • "The Internal Paradigm of an Austrian Economist: Economics As If Reality Mattered". South African Journal of Economic and Management Sciences. November 1988, Vol. I, 1–13.
  • "Free Banking vs. Central Banking: A Geometrical Analysis". South African Journal of Economic and Management Sciences. November 1989, Vol. II, 83–97.
  • "Free Banking in Scotland: A Dissenting View". Cato Journal. Winter 1991, Vol. 10, No. 3, 799–808.
  • "The Austrian Conception of Money: An Econometric Exercise". South African Journal of Economic and Management Sciences. Summer 1993, Vol. 11, 13–28.
  • "Internal Marketing: The Key for External Marketing Success". Journal of Services Marketing. 1994, Vol. 8, No. 4, 5–13. Co-authored with Walter Greene and Gary Walls.
  • "Delegating Pricing Authority in Mature Industries". Review of Business. Fall 1996, Vol. 18, No. 1, 19–24. Co-authored with Walter Greene and Gary Walls.
  • "Purchasing Power Parity: An Alternative Approach". South African Journal of Economic and Management Sciences. Winter 1996, Vol. 19, 35–50.
  • "Austrian and Monetarist Business Cycle Theories: Substitutes or Complements?". Advances in Austrian Economics. Fall 1997, Vol. 4, 7–31.
  • "The Irrationality of the Extended Order: The Fatal Conceit of F. A. Hayek". Reason Papers. Fall 1998, No. 23, 38–65.
  • Free Banking: Theory, History, and a Laissez-Faire Model. Westport, Connecticut: Quorum Books. 1993. ISBN 0-89930-815-5
  • "Jean-Baptiste Say: Neglected Champion of Laissez-Faire". In 15 Great Austrian Economists. Edited by Randall G. Holcombe. Auburn, Alabama: Ludwig von Mises Institute. 1999. ISBN 0-945466-04-8
  • "Rand, Anarchy, and Taxes". Journal of Ayn Rand Studies. Fall 1999, Vol. 1, No. 1, 87–105.
  • "Taxation and Government Are Still Problematic". Journal of Ayn Rand Studies. Fall 2000, Vol. 2, No. 1, 163–287.
  • "Capital, Credit, and the Medium Run". Quarterly Journal of Austrian Economics. Fall 2001, Vol. 4, No. 3, 63–77.
  • "Privateering and National Defense: Naval Warfare for Private Profit". In The Myth of National Defense: Essays on the Theory and History of Security Production. Edited by Hans-Hermann Hoppe. Auburn, Alabama: Ludwig von Mises Institute. 2003. ISBN 0-945466-37-4
  • "Public Goods and Private Solutions in Maritime History". Quarterly Journal of Austrian Economics. Summer 2004, Vol. 7, No. 2, 3–27.
  • "Private Provision of Public Goods: Theoretical Issues and Some Examples from Maritime History". ICFAI Journal of Public Finance. August 2004, Vol. II, No. 3, 45–73.
  • "Praxeology, Economics, and Law: Issues and Implications". Quarterly Journal of Austrian Economics. Winter 2004, Vol. 7, No. 4, 19–40. Reprinted in Philosophers of Capitalism: Menger, Mises, Rand, and Beyond. Edited by Edward W. Younkins. Lanham, Maryland: Lexington Books. 2005. ISBN 0-7391-1076-4
  • "Alan Greenspan: Rand, Republicans, and Austrian Critics". Journal of Ayn Rand Studies. Spring 2005, Vol. 6, No. 2, 271–297.
  • "Ayn Rand Among the Austrians". Journal of Ayn Rand Studies. Spring 2005, Vol. 6, No. 2, 241–250. Co-authored with Chris Matthew Sciabarra.
  • "Public Goods and the Non-Neutrality of Taxes". ICFAI Journal of Public Finance. May 2005, Vol. III, No. 2, 62–71.
  • "Explaining Malinvestment and Overinvestment". Quarterly Journal of Austrian Economics. Winter 2006, Vol. 9, No. 4, 27–38.
  • "Atlas, Ayn, and Anarchy: A is A is A". In Ayn Rand's Atlas Shrugged: A Philosophical and Literary Companion. Edited by Edward W. Younkins. Burlington, Vermont: Ashgate Publishing. 2007. ISBN 978-0-7546-5533-6
  • "Privately Funded and Built U.S. Warships in the Quasi-War of 1797–1801". The Independent Review. Summer 2007, Vol. 12, No. 1: 101–113.

References

  1. ^ a b c d "December 2008 Newsletter". Sul Ross State University. December 2008. Retrieved January 1, 2013.
  2. ^ a b c Sechrest, Larry J. (2010). "Burke, Rand, and Rothbard". In Block, Walter (ed.). I Chose Liberty: Autobiographies of Contemporary Libertarians (PDF). Auburn, Alabama: Ludwig von Mises Institute. pp. 329–333. ISBN 978-1-61016-002-5.
  3. ^ Sechrest, Larry J. (January 2004). . Liberty. 18 (1). Archived from the original on July 8, 2010. Retrieved January 1, 2013.
  4. ^ a b Tucker, Jeffrey (October 30, 2008). "Larry Sechrest, 1946-2008". Ludwig von Mises Institute. Retrieved January 1, 2013.
  5. ^ a b Hall, Michael (June 2004). "Class Warfare". Texas Monthly. Retrieved January 1, 2013.
  6. ^ Novovitch, Barbara (February 17, 2004). "It's Home Stupid Home, But the 'Clods' Can Read". The New York Times. Retrieved January 1, 2013.
  7. ^ Hockstader, Lee (February 19, 2004). "Is Texas Really a State of Mind? The Professor May Disagree". The Washington Post. p. A4.
  8. ^ Hamric, Roy (February 5, 2004). . The Desert-Mountain Times. Archived from the original on November 11, 2004. Retrieved January 1, 2013.
  9. ^ a b "Research Fellow: Larry J. Sechrest". The Independent Institute. Retrieved January 1, 2013.
  10. ^ "Town reaps publicity from tirade". Fort Worth Star-Telegram. December 20, 2004. p. 4B.

January 30, 2023
larry, sechrest, larry, james, sechrest, october, 1946, october, 2008, american, economist, advocated, ideas, austrian, school, professor, economics, ross, state, university, director, university, free, enterprise, institute, larry, sechrestlarry, sechrestborn. Larry James Sechrest ˈ s iː k r ɛ s t 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 Larry SechrestLarry SechrestBorn 1946 10 12 October 12 1946Detroit MichiganDiedOctober 30 2008 2008 10 30 aged 62 Alpine TexasInstitutionSul Ross State University 1990 2008 FieldEconomicsSchool ortraditionAustrian SchoolAlma materUniversity of Texas at Arlington Ph D 1990 M A 1985 B A 1968 InfluencesEdmund Burke Friedrich Hayek Ludwig von Mises Ayn Rand Murray Rothbard Contents 1 Career 2 Personal life 3 Selected bibliography 4 ReferencesCareer EditAfter working as an instructor at the University of Texas at Arlington Sechrest joined the faculty of Sul Ross State University in 1990 1 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 2 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 3 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 4 5 6 7 8 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 Journal of Ayn Rand Studies He was a member of the New York Academy of Sciences 1 2 9 Personal life EditSechrest 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 10 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 1 2 5 9 Sechrest died from heart failure on October 30 2008 He was survived by his wife and by two children from an earlier marriage 1 4 Selected bibliography Edit White s Free Banking Thesis A Case of Mistaken Identity Review of Austrian Economics November 1987 Vol II 247 257 The Internal Paradigm of an Austrian Economist Economics As If Reality Mattered South African Journal of Economic and Management Sciences November 1988 Vol I 1 13 Free Banking vs Central Banking A Geometrical Analysis South African Journal of Economic and Management Sciences November 1989 Vol II 83 97 Free Banking in Scotland A Dissenting View Cato Journal Winter 1991 Vol 10 No 3 799 808 The Austrian Conception of Money An Econometric Exercise South African Journal of Economic and Management Sciences Summer 1993 Vol 11 13 28 Internal Marketing The Key for External Marketing Success Journal of Services Marketing 1994 Vol 8 No 4 5 13 Co authored with Walter Greene and Gary Walls Delegating Pricing Authority in Mature Industries Review of Business Fall 1996 Vol 18 No 1 19 24 Co authored with Walter Greene and Gary Walls Purchasing Power Parity An Alternative Approach South African Journal of Economic and Management Sciences Winter 1996 Vol 19 35 50 Austrian and Monetarist Business Cycle Theories Substitutes or Complements Advances in Austrian Economics Fall 1997 Vol 4 7 31 The Irrationality of the Extended Order The Fatal Conceit of F A Hayek Reason Papers Fall 1998 No 23 38 65 Free Banking Theory History and a Laissez Faire Model Westport Connecticut Quorum Books 1993 ISBN 0 89930 815 5 Jean Baptiste Say Neglected Champion of Laissez Faire In 15 Great Austrian Economists Edited by Randall G Holcombe Auburn Alabama Ludwig von Mises Institute 1999 ISBN 0 945466 04 8 Rand Anarchy and Taxes Journal of Ayn Rand Studies Fall 1999 Vol 1 No 1 87 105 Taxation and Government Are Still Problematic Journal of Ayn Rand Studies Fall 2000 Vol 2 No 1 163 287 Capital Credit and the Medium Run Quarterly Journal of Austrian Economics Fall 2001 Vol 4 No 3 63 77 Privateering and National Defense Naval Warfare for Private Profit In The Myth of National Defense Essays on the Theory and History of Security Production Edited by Hans Hermann Hoppe Auburn Alabama Ludwig von Mises Institute 2003 ISBN 0 945466 37 4 Public Goods and Private Solutions in Maritime History Quarterly Journal of Austrian Economics Summer 2004 Vol 7 No 2 3 27 Private Provision of Public Goods Theoretical Issues and Some Examples from Maritime History ICFAI Journal of Public Finance August 2004 Vol II No 3 45 73 Praxeology Economics and Law Issues and Implications Quarterly Journal of Austrian Economics Winter 2004 Vol 7 No 4 19 40 Reprinted in Philosophers of Capitalism Menger Mises Rand and Beyond Edited by Edward W Younkins Lanham Maryland Lexington Books 2005 ISBN 0 7391 1076 4 Alan Greenspan Rand Republicans and Austrian Critics Journal of Ayn Rand Studies Spring 2005 Vol 6 No 2 271 297 Ayn Rand Among the Austrians Journal of Ayn Rand Studies Spring 2005 Vol 6 No 2 241 250 Co authored with Chris Matthew Sciabarra Public Goods and the Non Neutrality of Taxes ICFAI Journal of Public Finance May 2005 Vol III No 2 62 71 Explaining Malinvestment and Overinvestment Quarterly Journal of Austrian Economics Winter 2006 Vol 9 No 4 27 38 Atlas Ayn and Anarchy A is A is A In Ayn Rand s Atlas Shrugged A Philosophical and Literary Companion Edited by Edward W Younkins Burlington Vermont Ashgate Publishing 2007 ISBN 978 0 7546 5533 6 Privately Funded and Built U S Warships in the Quasi War of 1797 1801 The Independent Review Summer 2007 Vol 12 No 1 101 113 References Edit a b c d December 2008 Newsletter Sul Ross State University December 2008 Retrieved January 1 2013 a b c Sechrest Larry J 2010 Burke Rand and Rothbard In Block Walter ed I Chose Liberty Autobiographies of Contemporary Libertarians PDF Auburn Alabama Ludwig von Mises Institute pp 329 333 ISBN 978 1 61016 002 5 Sechrest Larry J January 2004 A Strange Little Town in Texas Liberty 18 1 Archived from the original on July 8 2010 Retrieved January 1 2013 a b Tucker Jeffrey October 30 2008 Larry Sechrest 1946 2008 Ludwig von Mises Institute Retrieved January 1 2013 a b Hall Michael June 2004 Class Warfare Texas Monthly Retrieved January 1 2013 Novovitch Barbara February 17 2004 It s Home Stupid Home But the Clods Can Read The New York Times Retrieved January 1 2013 Hockstader Lee February 19 2004 Is Texas Really a State of Mind The Professor May Disagree The Washington Post p A4 Hamric Roy February 5 2004 Professor receives death threats obscene calls home vandalized The Desert Mountain Times Archived from the original on November 11 2004 Retrieved January 1 2013 a b Research Fellow Larry J Sechrest The Independent Institute Retrieved January 1 2013 Town reaps publicity from tirade Fort Worth Star Telegram December 20 2004 p 4B Retrieved from https en wikipedia org w index php title Larry J Sechrest amp oldid 1125239949, wikipedia, wiki, book, books, library,

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