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Dr. Brian P. Simpson

Dr. Brian P. Simpson
Associate Professor
National University
(619) 563-7313

Selected Items from Curriculum Vita


  • Market process theory (or free market economics)
  • Monetary economics
  • The philosophical foundations of economic ideas


  • Current research: I am writing a book on the business cycle. I plan to show what causes the business cycle. My explanation is based on the "Austrian" theory of the business cycle. I will defend Austrian cycle theory from criticisms and show why alternative theories of the business cycle do not provide good explanations of the cycle. Finally, I will apply Austrian business cycle theory to various cyclic episodes that have occurred throughout history to show how Austrian cycle theory can be used to help understand economic history.
  • Working papers:
    -- “Safety and Quality: The Free Market Versus Government Regulation”
    -- “There are no Exceptions to the Law of Demand”


Peer-Reviewed Journal Articles

  • “The Assault on Energy Producers,” The Objective Standard vol. 3, no. 4 (Winter 2008-2009), pp. 55-70
  • “Austrian Trade Cycle Theory and Rationality,” New Perspectives on Political Economy vol. 4, no. 2 (2008), pp. 113-129,
  • “The Relation Between Interest Rates and the Demand for Money: Correlation or Causation?” Journal of Business and Behavioral Sciences vol. 16, no. 1 (Fall 2007), pp. 57-67
  • “An Economic, Political, and Philosophical Analysis of Externalities,” Reason Papers no. 29 (Fall 2007), pp. 123-140


  • Markets Don’t Fail! (Lexington Books: Lanham, MD: 2005)


  •  “Gold and a Free Market: The Solutions to Our Financial Crisis,” The Daily Transcript, October 24, 2008. A longer version of this article was published in Capitalism Magazine,, October 31, 2008.
  •  “The House Passes Green Energy Bill” Human Events, May 9, 2005
  •  “The Real Debate Over Social Security: To Save it or Not To Save it” The Daily Transcript, April 25, 2005, p. 9A
  •  “Who’s to Blame for High Gas Prices?” San Francisco Chronicle, April 14, 2005, p. B-9. Similar versions of this article were published in The San Diego Union-Tribune and the San Diego Business Journal, as well as other media outlets.
  • “Insider Trading: Politics and Law,” The Sephardic Voice, March 15, 2005, p. 1

“Wealth and Income Inequality: An Economic and Ethical Analysis”
     - 33rd annual international convention of the Association of Private Enterprise Education; April 7, 2008; Las Vegas, NV
     - 13th annual conference of The American Society of Business and Behavioral Sciences; February 24, 2006; Las Vegas, NV (session chair)
 “The Relation Between Interest Rates and the Demand for Money: Correlation or Causation?” (session chair)
     - 14th annual conference of The American Society of Business and Behavioral Sciences; February 23, 2007; Las Vegas, NV

“A Critical Analysis of Keynes’s Business Cycle and Depression Theory”
     - A colloquium sponsored by the Social Philosophy and Policy Center and the Department of Economics at Bowling Green State University; October 24, 2008; Bowling Green, OH

“The ‘Market Failure’ Fallacy”
     - Ayn Rand Institute Public Lecture Series; January 31, 2008; Costa Mesa, CA
     - A similar version of this talk was given at The Fraser Institute’s Policy Briefing Series, April 26, 27, and 28, 2006 in Toronto, Calgary, and Vancouver.

“Economics (part 1): The Nature of Economics, Wealth, and the Division of Labor”
     - Objectivist Summer Conference; July 6-15, 2007; Telluride, CO

“The Business Cycle” (Presented Multiple Times)
     - Small Business Development Seminar, Center for Entrepreneurship; National University; 2003-2006; San Diego, CA
“Money, Banking, and the Business Cycle”
     - Objectivist Summer Conference; July 3-13, 2005; San Diego, CA


  • The Daily Transcript, “Fed to Buy up to $300B Long-Term Treasury Bonds,” March 18, 2009
  • The Daily Transcript, “Aside from Recession, Financial Future Still Blurry, Analysts Say,” October 31, 2008
  • The Daily Transcript, “Investors Show ‘Crisis of Confidence’ as Stocks Tumble,” September 29, 2008
  • The Daily Transcript, “Local Opinion Mixed on Proposed Fed Changes,” July 10, 2008
  • The Province, (Vancouver) “New Carbon Tax Fuels Anger, Rally,” July 2, 2008



Ph.D. Economics,
George Mason University

MA Economics,
George Mason University

Pepperdine University

BS Aerospace Engineering,
Syracuse University