About the Author:

Morgan O. Reynolds an NCPA Senior Fellow and a professor of economics at Texas A&M University, received his Ph.D. from the University of Wisconsin in 1971. He has published many articles in academic journals, edited W. W. Hutt: An Economist for the Long Run (1986), and authored Power and Privilege: Labor Unions in America (1984), Crime by Choice: An Economic Analysis (1985), Making America Poorer: The Cost of Labor Law (1987) and Public Expenditures, Taxes, and the U.S. Distribution of Income (1977). He has been a consultant for the National League of Cities, the U.S. Department of Labor and many private organizations. He also serves on the board of the Journal of Labor Research and the Review of Austrian Economics and is a member of the Mont Pelerin Society and an adjunct scholar of the Cato Institute.