The late Harold Demsetz was the leading intellectual force among a strong group of free-market economists associated with the University of California, Los Angeles, who emphasized information and property rights. A pioneering thinker and great writer, he possessed the rare ability to explain economic behavior in ways that had previously eluded the entire profession.
Stan J. Liebowitz is a Research Fellow at the Independent Institute and Professor of Economics at the University of Texas at Dallas.
Stephen E. Margolis is a Professor of Economics in the College of Management at North Carolina State University and research fellow at the Independent Institute.
EconomistsEconomyPhilosophy and Religion
Other Independent Review articles by Stan J. Liebowitz
Spring 2011 Unchecked and Unbalanced: How the Discrepancy Between Knowledge and Power Caused the Financial Crisis and Threatens Democracy
Spring 2004 What’s Yours Is Mine: Open Access and the Rise of Infrastructure Socialism
Other Independent Review articles by Stephen E. Margolis
Summer 2006 Digital Phoenix: Why the Information Economy Collapsed and How It Will Rise Again
Winter 2001/02 Only One Place of Redress: African-Americans, Labor Regulations, and the Courts from Reconstruction to the New Deal