Economics

Eight things to know about Mason’s impact on NoVa’s economy

In October, Mason’s Center for Regional Analysis released a study of the university’s impact on the region’s economy. Universities are regularly cited as economic engines for surrounding communities, but just how much value does Mason generate?

1. All in all, Mason produces $1.14 billion in economic activity.

Office of Global and International Studies answers questions about Songdo Campus

Students confused about the Mason Songdo campus now have the chance to get their questions answered through weekly information and Q&A sessions provided by the Office of Global and International Strategies.

This spring, George Mason University will open a campus in Songdo, South Korea. As a feature of Mason’s vision to become a university for the world, the campus will offer increased opportunities for Mason students to deepen their global understanding in an increasingly globalized society.

Nobel-winning economics professor passes away

On Jan. 9, James Buchanan, a Mason professor emeritus and Nobel Prize winning economist, passed away at the age of 93 in Blacksburg, Virginia, where he lived.

Buchanan was the founder of Mason's Center of Study of Public Choice, which he founded at Virginia Tech in 1969 and relocated to Mason in 1983. He received the Nobel Prize in 1986 for his work on Public Choice theory. After retiring in 1999, Buchanan continued to serve as advisory general director for Center of Study of Public Choice until his death.

LETTER TO THE EDITOR: James Buchanan and his legacy in economics

Over winter break I was saddened to learn of the passing of Dr. James Buchanan. I would like to offer condolences to Betty Tillman, his secretary of over fifty years.

As Mason’s first Nobel laureate, winning the Nobel Memorial Prize in Economics in 1986, he put the university and its economics program on the map. Buchanan’s work was groundbreaking and has inspired countless colleagues and students. He leaves behind a prolific list of books and papers that he authored as a testament to his work ethic and remarkable mind.

Mason professors debate on government subsidized education

On Wednesday, Oct. 24, Bryan Caplan and Steven Pearlstein debated at the Johnson Center Cinema about whether the government should stop promoting and subsidizing higher education.

This debate was a follow-up to the flash debate on Wednesday, Oct. 17, that covered the same topic. Both the flash debate and the Johnson Center debate were arranged by the George Mason University Economics Society. 

GMU professors to teach economics in free online university

Two George Mason University economics professors have started a free online university.

In September, Tyler Cowen and Alex Tabarrok announced the opening of Marginal Revolution University (MRU) on their widely read economics blog, Marginal Revolution.

Tabarrok and Cowen first started publicly discussing and debating economic ideas on their blog in 2003.

Economics major calls transportation plan ‘bad incentive structure,’ organizes protest at Kiosk B

A few dozen students plan to attend a protest of George Mason University Parking and Transportation Services on Tuesday, taking issue with planned changes to parking permit price and space availability for future parking and transportation on the Fairfax Campus.

Question Box: Um... What's that house by President's Park?

The Buchanan House is home to 1986 Alfred Nobel Memorial Prize winner of Economic Sciences, James M. Buchanan. Buchanan, 92 years old, is still an active member of George Mason University’s staff.

The house was built in the 1920s and was the former home of previous GMU President George W. Johnson. Later the building was renovated to be used for student research and hold the Center for Study of Public Choice.