David Chandler Thomas

Ball State University - Department of Economics

Assistant Professor of Economics

Muncie, IN 47306-0340

United States

http://www.davidchandlerthomas.com

SCHOLARLY PAPERS

14

DOWNLOADS

1,088

SSRN CITATIONS

1

CROSSREF CITATIONS

0

Scholarly Papers (14)

1.

Efficient Derivative Pricing and Sequestered Capital: The Case of Investment Trust Pricing in 1929

Number of pages: 57 Posted: 20 Aug 2018 Last Revised: 13 Jan 2020
James McClure, David Chandler Thomas and Steven Horwitz
Ball State University - Department of Economics, Ball State University - Department of Economics and Ball State University - Department of Economics
Downloads 294 (130,619)

Abstract:

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Efficient Market Hypothesis, Financial Derivative, Sequestered Capital, Closed-end Mutual Fund, Investment Trust, 1929 Stock Market Crash, Regression Discontinuity in Time Design (RDiT)

2.

Health Insurance and Moral Hazard: A Misdiagnosis

Number of pages: 20 Posted: 03 May 2016
David Chandler Thomas and David Henderson
Ball State University - Department of Economics and Naval Postgraduate School
Downloads 190 (199,444)

Abstract:

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moral hazard, subsidies, health care, insurance

3.

When R&D is Not a Public Good, Why Subsidize it?

Number of pages: 21 Posted: 17 Feb 2017 Last Revised: 07 Mar 2017
James McClure and David Chandler Thomas
Ball State University - Department of Economics and Ball State University - Department of Economics
Downloads 160 (231,272)

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Public Good, Patent, Subsidy, Intellectual Property

4.

Austrian Business Cycle Theory and Sticky Consumption: Reconciling Hayek, Mises, and Schumpeter

Number of pages: 32 Posted: 03 Feb 2017
Nicholas Adam Curott, James McClure and David Chandler Thomas
Ball State University - Department of Economics, Ball State University - Department of Economics and Ball State University - Department of Economics
Downloads 138 (260,818)

Abstract:

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Austrian Business Cycle, Sticky Consumption, Schumpeterian Malinvestment

5.

The Essential Fact of Capitalism: On the Divergence of Hayekian and Schumpeterian Thought

Number of pages: 28 Posted: 09 Aug 2017 Last Revised: 17 Oct 2017
James McClure and David Chandler Thomas
Ball State University - Department of Economics and Ball State University - Department of Economics
Downloads 130 (272,986)

Abstract:

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economy of knowledge, creative destruction, business cycles, capitalism, socialism

6.

Dial 911 for Murder: The Impact of Emergency Response Time on Homicides

CESifo Working Paper Series No. 6140
Number of pages: 46 Posted: 30 Nov 2016
Thomas Stratmann and David Chandler Thomas
George Mason University - Buchanan Center Political Economy and Ball State University - Department of Economics
Downloads 84 (366,387)

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homicides, aggravated assault, response times, value of time, 9-1-1

7.

Capitalism Is Alive and Well: How Venture Entrepreneurs Saved Schumpeter's Entrepreneur

Number of pages: 26 Posted: 21 Nov 2018
James McClure and David Chandler Thomas
Ball State University - Department of Economics and Ball State University - Department of Economics
Downloads 63 (429,537)

Abstract:

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Joseph Schumpeter, Creative Destruction, Venture Capital, Capitalism

8.

A Theory of the Multi-Tenant Firm

Number of pages: 20 Posted: 08 Jul 2016
David Chandler Thomas
Ball State University - Department of Economics
Downloads 29 (580,852)
Citation 1

Abstract:

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multi-tenant, bazaars, shopping malls, airports

9.

The Impact of New-Product R&D on the Circular Flow

The American Economist, 2018
Posted: 17 Dec 2019
James McClure and David Chandler Thomas
Ball State University - Department of Economics and Ball State University - Department of Economics

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Circular Flow, New-Product R&D, Process R&D, Leakages, Injections, Hayek, Keynes, Knight

10.

Austrian Business Cycle Theory Redux: Integrating Sticky Consumption and Sequestered Capital

Journal of Prices and Markets, Forthcoming
Posted: 21 Nov 2019
Nicholas Adam Curott, James McClure and David Chandler Thomas
Ball State University - Department of Economics, Ball State University - Department of Economics and Ball State University - Department of Economics

Abstract:

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Sticky Consumption, Sequestered Capital, Austrian Business Cycle Theory (ABCT), Hayek’s Challenge

11.

New-Product Research and Development: The Earliest Stage of the Capital Structure

The Quarterly Journal of Austrian Economics (2018)
Posted: 20 Jun 2017 Last Revised: 03 Dec 2019
James McClure and David Chandler Thomas
Ball State University - Department of Economics and Ball State University - Department of Economics

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sequestered capital, research and development, R&D, business cycle, capital structure

12.

Hayek's Price Fan Simile: The Seeds of the Economy of Knowledge

The Journal of Private Enterprise 34(3), 2019, 43–58
Posted: 24 Mar 2017 Last Revised: 12 Nov 2019
James McClure and David Chandler Thomas
Ball State University - Department of Economics and Ball State University - Department of Economics

Abstract:

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F. A. Hayek, price fan simile, economy of knowledge, capitalistic production, division of labor, division of knowledge

13.

Explaining the Timing of the Tulipmania Boom and Bust: Historical Context, Sequestered Capital, and Market Signals

Financial History Review, Volume 24, Issue 2, 2017
Posted: 16 Sep 2016 Last Revised: 26 Jul 2018
James McClure and David Chandler Thomas
Ball State University - Department of Economics and Ball State University - Department of Economics

Abstract:

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Tulipmania, Tulips, Business Cycles, Sequestered Capital, Structure of Capital

14.

Can Sticky Consumption Cause Business Cycles?

Review of Austrian Economics, 2017, DOI: org/10.1007/s11138-016-0371-y
Posted: 04 Aug 2016 Last Revised: 09 Aug 2017
James McClure and David Chandler Thomas
Ball State University - Department of Economics and Ball State University - Department of Economics

Abstract:

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sticky consumption, business cycle, hysteresis, entrepreneur, capital structure, economic growth