Richard McKenzie

University of California, Irvine

Richard McKenzie is the Walter B. Gerken Professor of Enterprise and Society Emeritus in the Paul Merage School of Business at the University of California, Irvine, and an adjunct fellow at the Center for the Study of American Business at Washington University in St. Louis. Dr. McKenzie received his B.S. from Pfeiffer College in North Carolina (1964), his M.A. from the University of Maryland (1967), and his Ph.D. from Virginia Tech (1972). Dr. McKenzie is the author of over 35 books, his most famous work being The New World of Economics, co-authored with the late Gordon Tullock, which in 2012 received a 6th edition. The New World of Economics has become a foundational text in economics education throughout the United States' colleges and universities. Dr. McKenzie's research spans a broad number of topics in economic policy and methodology such as monopoly in economic theory and law, anti-trust law, the complexity of human behavior in economic theory, and orphanages in relation to public policy. The latter of which is the topic of his 2013 book, Miracle Mountain: A Hidden Sanctuary for Children, Horses, and Birds Off a Road Less Traveled (Dickens Press), along with many other works of his such as academic papers, book edits, and documentaries all building off his own experiences growing up at Barium Springs Home for Children. Dr. McKenzie has produced hundreds of academic and nonacademic works, which have appeared in numerous scholarly journals such as including Southern Economics Journal, Antitrust Bulletin, Public Choice, Journal of Political Economy, and various newspapers and editorial magazines such as the Wall Street Journal, New York Times, Washington Post, USA Today, Christian Science Monitor, National Review, Forbes, and many more.
Dr. McKenzie retired from UC Irvine in 2011, where he worked for twenty years where he earned a significant number of teaching and service awards. In retirement Dr. McKenzie continues to contribute to education in economics through his online video course, academic papers in economic policy such as, Should Tipping be Abolished, and the development of an academic book, A Reconstruction of the Foundations of Economic Science, which seeks to reconcile traditional economic thinking with that of behavioral economists, and neurologists.