Go NCAA Underdog!!!
Readers of the blog know my affinity for the economic writings of Walter Williams and Don Boudreaux, both of George Mason University in Virginia. GMU is continuing its NCAA Tournament march as they defeated the powerful UConn yesterday. I chose UConn as tournament champ in one of my 3 NCAA pool entries (I also chose Gonzaga and West Virginia in the other entries).
I just read this reprint on NRO of an article written by John J. Miller about GMU's founding and the rise of its law school. Like the philosophy of the 2 writers mentioned above, the faculty is largely libertarian. The law school applies an economist's view to legal issues. It now ranks in the top 50 nationally per a US News ranking.
I have been reading about one of its professors, James Buchanan that Wikipedia describes as "best known for developing the "public choice theory" of economics, which changed the way economists analyze economic and political decision making." The best approach in any area of analysis, especially the efficacy of government solutions to a "crisis" or problem requires a consideration of the economic incentives that affect reaching intended results.
Congrats to the B-Ball team. I am rooting for them for reasons that go way beyond just rooting for the under-dog.