- Discipline: Economics
- Organization: New York University
Mario J. Rizzo received his B.A. from Fordham University and an M.A. and Ph.D.in economics from the University of Chicago. He has been a law and economics fellow at the University of Chicago Law School and a civil liability fellow at Yale Law School. Currently he is associate professor of economics at New York University and Director of the Program on the Foundations of the Market Economy. Professor Rizzo is the co-author (with Gerald P. O'Driscoll) of The Economics of Time and Ignorance (1985), reissued in 1996 with a new and substantial introductory essay on the more recent development of Austrian economics. His most recent work includes an article (with Glen Whitman), "The Camel's Nose is in the Tent: Rules, Theories and Slippery Slopes" in the UCLA Law Review (Dec. 2003). Currently, he is working on morals laws (e.g., laws against prostitution and sodomy) and the newer kinds of moralistic legislation (e.g., the Americans Disabilities Act and proposed taxes on the fat content of food). He is also working on a critique of the "New Paternalism" -- the view that the State should force, or at least encourage us, to act upon our own "higher" values.
Professor Rizzo's teaching and research interests include the economic tradition of Hayek and Mises, ethics and economics, the economic analysis of law, the philosophy of science, and nineteenth-century liberalism. For nearly fifteen years he has taught a seminar on classical liberalism for first-semester freshmen at NYU.