Tyler Watts

Tyler Watts is an assistant professor of economics at East Texas Baptist University.  Prior to this, he was an assistant professor of economics at Ball State University and a visiting assistant professor of economics at Grand Valley State University. Watts earned his PhD in economics at George Mason University in 2010. While at George Mason, he was a Mercatus Center PhD Fellow. His research has appeared in the Independent Review, Review of Austrian Economics, and Journal of Private Enterprise.

Related Freeman Articles

Feature

Lower Oil Prices: Dark Cloud or Silver Lining?

Current deflation is a good thing for the US economy

MARCH 30, 2015 by TYLER WATTS, NICHOLAS CUROTT

The plummeting price of oil is great news — not just for drivers, but for all consumers. So why are some economists so intent on seeing cheaper goods as bad news?

Clichés of Progressivism

#36 – "Outsourcing Is Bad for the Economy"

DECEMBER 19, 2014 by TYLER WATTS

Outsourcing boosts productivity and living standards.

Feature

How Three Neighbors Got Gas: A Parable

FEBRUARY 22, 2013 by TYLER WATTS

Think scarce resources demand a centralized rationing system? Think again--prices can do the work a lot more efficiently.

It Just Ain't So

Outsourcing Is Bad for the Economy?

OCTOBER 18, 2012 by TYLER WATTS

Politicians love blaming economic troubles on outsourcing. But outsourcing is fundamental to the creation of wealth--and it happens constantly, with nearly everything we buy, explains Tyler Watts.

Article

Outsourcing Is Bad?

It's the division of labor, that is, cooperation.

AUGUST 27, 2012 by TYLER WATTS

Economics makes clear that outsourcing is not the problem; the problem is scarcity. Outsourcing is (part of) the solution.

CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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