Richard K. Vedder is a policy advisor on economics to The Heartland Institute. He is co-author (with Lowell Gallaway) of The Independent Institute book, Out of Work, the recipient of both the Sir Antony Fisher International Memorial Award and Mencken Award Finalist for Best Book, and the Institute monograph, Can Teachers Own Their Own Schools?
Professor Vedder received his Ph.D. in economics from the University of Illinois, and he has been Senior Economist at the U.S. Joint Economic Committee and Visiting Fellow at the Center for the Study of American Business, Washington University, and he has taught at the University of Colorado, Claremont Men’s College, and MARA Institute of Technology. His other books include Going Broke by Degree: Why College Costs Too Much, The American Economy in Historical Perspective; Poverty, Income Distribution, the Family and Public Policy (with L. Gallaway); Essays in Nineteenth Century Economic History; Essays in the Economy of the Old Northwest; Economic Impact of Government Spending: A Fifty State Analysis, and Variations in Business and Economic History. His hundreds of articles and reviews have appeared in numerous scholarly journals as well as such publications as the Wall Street Journal, Christian Science Monitor, National Review, Washington Times, and Investor’s Business Daily.