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T. Norman Van Cott

Member of: FEE Faculty Network

T. Norman Van Cott, professor of economics, received his Ph.D. from the University of Washington in 1969. Before joining Ball State in 1977, he taught at University of New Mexico (1968-1972) and West Georgia College (1972-1977). He was the department chairperson from 1985 to 1999. His fields of interest include microeconomic theory, public finance, and international economics. Van Cott's current research is the economics of constitutions.

Dr. Van Cott's numerous publications include:

Baack, B., McGuire, R., & Van Cott, T. N. (2009). Constitutional Agreement during the Drafting of the Constitution: A New Interpretation. Journal of Legal Studies, 38(2): 533-567.

Bohanon, C., & Van Cott, T. N. (2005). Tariffs, Immigration, and Economic Insulation: A New View of the U.S. Post-Civil War Era. The Independent Review, 9(4), 529-542.

T. Norman Van Cott's Articles

How Not to Fall for the Sunk Cost Fallacy

The used up gasoline was water under the bridge. Might as well enjoy our peaches.

- August 31, 2016

The Iceman's Job was Destroyed. Good!

The advent of home refrigerators destroyed a whole class of job. That turns out to be a good thing. 

- August 09, 2016

"Creating Jobs" Will Hurt the Economy

In the best of all worlds, there would be zero jobs required to transfer oil from Canada to the Texas Gulf Coast.

- May 03, 2016

Why Is Everyone Saying, "Thank You"?

Buyers and sellers owe each other real gratitude. They are cooperating to make each other wealthier.

- March 21, 2016

Stimulus Delusions

Sometimes I think I’m reading or hearing about an economic miracle of epic proportions—you know, something akin to the manna God provided the Israelites during their 40-year journey to the Promised Land.  But then I come to my senses and remember that manna was a net addition to the Israelites’ food supply.  It was not pilfered from a subset of the Israelites to be “given” to their compatriots. Not so for Obama stimulus dollars.  More . . .

A NEW article by T. Norman Van Cott

- March 16, 2009

Immigration: Friend or Foe?

Working immigrants benefit not only themselves, but also Americans.

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