Benjamin Powell


Benjamin W. "Ben" Powell is the director of the Free Market Institute at Texas Tech University and Professor of Economics at Texas Tech University's Rawls College of Business. He is also a Senior Fellow at the Independent Institute and the North American Editor of the Review of Austrian Economics.

Biography

Benjamin Powell earned his B.S. in Economics and Finance from the University of Massachusetts Lowell and his M.A. and Ph.D. in economics from George Mason University. He is a Professor of Business Economics at Texas Tech University's Rawls College of Business and the director of the Free Market Institute at Texas Tech University. Previously, he was an Associate Professor of Economics at Suffolk University and an Assistant Professor of Economics at San Jose State University. He has performed numerous other professional roles in the past including Director of the Center on Entrepreneurial Innovation at the Independent Institute., President of Association of Private Enterprise Education, North American Editor of the Review of Austrian Economics, Senior Economist at the Beacon Hill Institute, Editorial Board Member at the Journal of Private Enterprise, and host and co-executive producer of KTTZ Channel 5 Lubbock's—a PBS affiliate—Free to Exchange.

Research

Sweatshops

Powell's academic interest in sweatshops dates back to at least 2004, when he wrote a working paper along with David Skarbek for the Independent Institute looking at how sweatshop jobs compared with the other jobs available to people who took them. The working paper was later published as an article for the Journal of Labor Research. Powell also wrote an article for Human Rights Quarterly, responding to the argument by Arnold and Hartman that activists should encourage sweatshop employers to voluntarily work toward improving the conditions of sweatshop workers. Powell has since written journal articles on sweatshops for the Journal of Business Ethics and Comparative Economic Studies and has also written about sweatshops based on his research in other venues, such as Forbes, The Christian Science Monitor, and Dallas Morning News. He has also summarized his arguments in a 3-minute video for LearnLiberty.
Powell has been interviewed about the subject by The Freeman, the magazine of the Foundation for Economic Education. Powell's work on sweatshops has also been reviewed online.

Economic and political systems

Powell has studied the economics of anarchy. He wrote a journal article along with Ryan Ford and Alex Nowrasteh comparing Somalia before and after it transitioned to anarchy.
Powell has also co-authored with Edward Stringham a paper on public choice theory and its implications for the economics of anarchy.

Books

Powell was the editor of the 2007 volume Making Poor Nations Rich: Entrepreneurship and the Process of Economic Development published by the Independent Institute in collaboration with Stanford University Press as part of the Stanford Economics and Finance series. He also edited The Economics of Immigration: Market-based Approaches, Social Science, and Public Policy.
He is the author of Out of Poverty: Sweatshops in the Global Economy.
With Robert Lawson, he is the co-author of Socialism Sucks: Two Economists Drink Their Way Through the Unfree World.