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Robert Higgs

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Robert Higgs
Robert Higgs

Robert Higgs (born 1 February 1944) is an American economist who adheres to the tenets of the Austrian School.

Higgs graduated cum laude from San Francisco State College with a Bachelor of Arts in economics (1965). He received his PhD with Distinction in Economics from Johns Hopkins University in 1968.

He is a Senior Fellow in Political Economy at the Independent Institute (since September 1994), and is editor of The Independent Review (since 1995). He is an adjunct faculty member of the Ludwig von Mises Institute and is an adjunct scholar at the Cato Institute. Higgs is also a contributor to LewRockwell.com. His areas of special interest include defense economics, environmental economics, the Food and Drug Administration (FDA) and health care issues, government growth, property rights, race relations, and war.

Higgs has held teaching positions at University of Washington, Lafayette College, and Seattle University. He has also been a visiting scholar at Oxford University and Stanford University, and has supervised dissertations in the PhD program at [Universidad Francisco Marroquín].

Higgs currently resides in Covington, Louisiana.

The Ratchet Effect

One significant contribution by Higgs is his description of what he refers to in Crisis and Leviathan (and elsewhere) as the ratchet effect. According to Higgs, government tends to grow at a fairly regular rate under normal circumstances. When a crisis—such as war or economic depression—arises, however, government expands at a far more rapid pace in response. Then, when the crisis subsides, the size of government is reduced, but not to the pre-crisis levels. Thus, crises "ratchet up" the size of government at a rate greater than would otherwise be the case.

According to a Mises.org article[link] detailing the July 2003 Higgs seminar, "Crisis and Liberty: The Expansion of Government Power in American History,"

His "ratchet" theory of the expansion of power provides a model for understanding the current policy environment in which the government is using war and the threat of terrorism to justify its assaults on the personal and economic liberties of Americans.
Tibor Machan[link], Jörg Guido Hülsmann[link], Joseph Salerno[link], Lew Rockwell[link], and other scholars have discussed the Higgs Ratchet Effect in their writings.

Books

As author:

As editor:

External links

 


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