Byron Carson
Contributor/Visiting Scholar – December-February 2021, July 2021
Byron Carson is an Assistant Professor of Economics and Business at Hampden-Sydney College, in Hampden-Sydney, Virginia. He teaches courses on introductory economics, money and banking, development economics, health economics, and urban economics.
Byron earned a Ph.D. in Economics in 2017 from George Mason University and a B.A. in Economics from Rhodes College in 2011. His research interests include economic epidemiology, public choice, and Austrian economics.
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The Food Revolution Nobody Planned
From food trucks to farmers’ markets and beyond, entrepreneurs — not policymakers — are finding new ways to feed people, create value, and deliver much more than just cheaper food.
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How Markets Fought Mosquitoes
More than a cartoon prop, the old-fashioned FLIT gun was one of many innovations that gave ordinary households unprecedented power over pests that plagued us for centuries.
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Coffee Business: Beans, Houses, and the Great Enrichment
From the Ottoman Empire to the modern Starbucks, coffee seems to power entrepreneurship and innovation.
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Health on the Shelf: How Markets Made Life-Saving Inhalers Accessible
Individuals create lifesaving technologies. But it’s commercial markets that ensure innovation is within reach when you need relief.
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Motorcycle Shop Becomes a Zero-Price Concert Venue
A zero-cost concert venue reveals coordination to reduce transaction costs and seek collaborative solutions.
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Cuban Food Shortages: Another Red Flag
“Facing price controls, taxes and tariffs on food in Cuba, and it shouldn’t be surprising that food markets are increasingly becoming distorted, shortages are frequent, and people remain impoverished.” ~Byron B. Carson, III
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Christmas Calculations and Yuletide Yields
“Consider the choice Christmas tree farmers face. They can chop the tree and sell it, or they could let the tree continue to grow. Farmers maximize their profits and chop the tree when the tree’s yield falls below the market rate.” ~Byron B. Carson, III
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‘The Psychology of Money’ Isn’t About Psychology or Money
“Ultimately, Housel’s book achieves its goal of conveying the richness of factors that influence financial decisions, but it blithely ignores economic principles that are the foundation of its subject.” ~Byron Carson
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What is a Pencil?
“The spontaneous order produced in a market or, in this case, the outcome of a market process that standardizes what a pencil means, is only defined as the process unfolds.” ~Byron B. Carson III
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Only a Retail Gold Standard Could Dethrone the Dollar
“If a large subset of countries, like the BRICS, adopted the retail gold standard, the United States and the European Union would have to join, or watch demand for their fiat currencies decline.” ~ Robert E. Wright and Byron B. Carson III
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•
The Food Revolution Nobody Planned
From food trucks to farmers’ markets and beyond, entrepreneurs — not policymakers — are finding new ways to feed people, create value, and deliver much more than just cheaper food.
-
•
How Markets Fought Mosquitoes
More than a cartoon prop, the old-fashioned FLIT gun was one of many innovations that gave ordinary households unprecedented power over pests that plagued us for centuries.
-
•
Coffee Business: Beans, Houses, and the Great Enrichment
From the Ottoman Empire to the modern Starbucks, coffee seems to power entrepreneurship and innovation.
-
•
Health on the Shelf: How Markets Made Life-Saving Inhalers Accessible
Individuals create lifesaving technologies. But it’s commercial markets that ensure innovation is within reach when you need relief.
-
•
Motorcycle Shop Becomes a Zero-Price Concert Venue
A zero-cost concert venue reveals coordination to reduce transaction costs and seek collaborative solutions.
-
•
Cuban Food Shortages: Another Red Flag
“Facing price controls, taxes and tariffs on food in Cuba, and it shouldn’t be surprising that food markets are increasingly becoming distorted, shortages are frequent, and people remain impoverished.” ~Byron B. Carson, III
-
•
Christmas Calculations and Yuletide Yields
“Consider the choice Christmas tree farmers face. They can chop the tree and sell it, or they could let the tree continue to grow. Farmers maximize their profits and chop the tree when the tree’s yield falls below the market rate.” ~Byron B. Carson, III
-
•
‘The Psychology of Money’ Isn’t About Psychology or Money
“Ultimately, Housel’s book achieves its goal of conveying the richness of factors that influence financial decisions, but it blithely ignores economic principles that are the foundation of its subject.” ~Byron Carson
-
•
What is a Pencil?
“The spontaneous order produced in a market or, in this case, the outcome of a market process that standardizes what a pencil means, is only defined as the process unfolds.” ~Byron B. Carson III
-
•
Only a Retail Gold Standard Could Dethrone the Dollar
“If a large subset of countries, like the BRICS, adopted the retail gold standard, the United States and the European Union would have to join, or watch demand for their fiat currencies decline.” ~ Robert E. Wright and Byron B. Carson III