It is with great sadness that the Miller College of Business at Ball State University announces the passing of Steven G. Horwitz, Emeritus Professor of Free Enterprise in the Department of Economics and Director of the Institute for the Study of Political Economy ( ISPE). Dr Horwitz passed away on Sunday, June 27, after a courageous, nearly four-year battle with multiple myeloma.
“Steve was an extraordinary scholar and researcher in economics, but he would tell you that he was first a teacher,” said Dr. Todd Nesbit, assistant professor of free enterprise and entrepreneurial economics at Ball State. “He loved teaching and was looking forward to the return of students to campus this fall. Steve inspired us with his positivity on how exploring ideas can bring prosperity for all. He was particularly interested in finding the best way to empower those who have been historically marginalized. . “
Dr Horwitz has been commemorated on social media by colleagues and friends around the world, many of whom had never met him in person but considered him a teacher, mentor and friend.
On Forbes.com, Art Carden remembers Dr. Horwitz is “a dedicated scholar, passionate teacher, good friend and insightful mentor”. Trevor Burrus, a researcher at the Cato Institute, called him “the great libertarian economist and my friend … a teacher, a father, a husband, a communicator, a mentor, a Rush fan, a scholar, a writer, a pontificator, and much more. “
Dr Horwitz was Emeritus Professor of Free Enterprise in the Ball State Department of Economics. He was also director of the Institute for the Study of Political Economy at Miller College of Business. He received a doctorate in economics from George Mason University and a bachelor’s degree in economics and philosophy from the University of Michigan.
Dr Horwitz is the author of four books: Monetary development, free banking and economic order (Westview, 1992); Micro-Foundations and Macroeconomics: An Austrian Perspective (Routledge, 2000); Hayek’s Modern Family: Classical Liberalism and the Evolution of Social Institutions (Palgrave Macmillan, 2015); and Austrian economy: an introduction (Caton Institute, 2020). He has written extensively on Austrian economics, Hayek’s political economy, monetary theory and history, and American economic history.
Dr. Horwitz’s work has been published in professional journals such as History of Political Economy, Southern Economic Journal and The Cambridge Journal of Economics.
Dr Horwitz has served as an Affiliate Principal Investigator at the Mercatus Center in Arlington, Va., Principal Investigator at the Fraser Institute in Canada, and Economics Editor at the Cato Institute’s libertarianism.org project. A guest on numerous radio and cable television shows, he was the 2020 recipient of the Julian L. Simon Memorial Award from the Competitive Enterprise Institute and a fellow of the Mont Pelerin Society.
Dr Horwitz has been a guest speaker to professionals, students, policy makers and general audiences in North America, Europe, Asia and South America. He was also Emeritus Professor of Dana Economics at St. Lawrence University in Canton, NY, where he taught for 28 years.
“Steve was really proud of the work of the Institute for the Study of Political Economy,” said Dr. Nesbit. “ISPE is proud to continue to expand our research and public events in Steve’s honor.
Dr. Horwitz is survived by his beloved wife, Sarah Skwire; father, Ronald; children Andrew Horwitz, Rachel Horwitz, Abigail Waschow and Penelope Waschow; and his trusty moutondoodle, Panda. He is also survived by brothers Michael (Laura Marchak) Horwitz, David (Laurie) Horwitz and Robert (Dr. Amy) Horwitz, as well as several nieces, nephews, other family members and friends.
A private family service for Dr. Horwitz was held June 30 in Farmington Hills, Michigan. A public celebration of his life will be scheduled later this summer in Indianapolis.