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
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?
DECEMBER 19, 2014 by TYLER WATTS
Outsourcing boosts productivity and living standards.
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.
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.
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.