May 2012

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I sit here in awe of "The Boettke Boys." You have done an incredible job, Pete. I don't know of a more robust Austrian program than the one you've resuscitated at GMU. And the "boys" (now clearly men) have launched their own programs that promise to be powerhouses in Austrian economics as well. Three cheers to all of you.

I had looked forward to meeting these folks at the SAE's last fall -- it was something that I wanted to do for quite some time now -- and it was as thrilling as seeing you and Steve again after all these years. They are good, smart guys.

Once again, kudos to all of you!

Dave,

As you know, graduate professors only get to have success if the undergraduate professors do their job. Scott Beaulier was as well prepared as any student ever to come to GMU because of your mentoriing of him as an undergraduate. He also had an unusual passion for teaching which you instilled in him. So now when he goes out there, he has a passion for ideas, passion for sharing those ideas, and the ability to both speak and write clearly and effectively. And he is now passing that along to his students at Mercer. You would be so proud of him Dave, he has just a buzz of excitement about economics around him with these students and they are all pursuing it as a career beyond Mercer. Amazing.

Scott is exceptional, but it is true across the board that our best students at GMU are the ones that are best prepared from undergraduate days. The students of Ebeling, the students of Block, the students of Emily Chamlee Wright, the students of Howie Baejter, etc. Within the Austrian camp, these students have hit the ground running here and never stopped. It is awesome to see, especially after they graduate and then start new centers for research and education in economics.

But I have to tell you, while I am very proud of the work we do here at GMU, I am very thankful for the work that the undergraduate teachers in economics are doing in preparing students for the rigors of graduate school while instilling in these students a passion for economic ideas and for correct thinking on issues of public policy, and for a sense that communicating economics to students, general public, and peers is a "calling" in the same sense that a Priest or Nun is "called" to their vocation.

I think this sense of "calling" explains the behavior of our best students from GMU both while in school and after. It is NOT an ideological calling, but an educational one. I bet that our best students on the day they got to teach their first principles of economics class as a graduate student they considered it a dream come true. You cannot say that about most graduate students (and faculty) who view teaching as a tax. The idea of explaining supply and demand to the unwashed undergraduates excites the minds of our best students at GMU. I hope we never loose that.

Here, btw, Pete Leeson was again a first-mover. I might say that supply and demand is the sexiest figure the students will ever see, but Pete actually has the tatoo on his arm to prove it. Talk about a pre-commitment device for becoming an economist!

NObody motivates like The Boettke. Congrats to you too, Pete. And keep up the good work for many decades to come.


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