Sanford Ikeda

Biography

Sanford Ikeda is a professor of economics at the State University of New York, Purchase College. He is an expert on the economy of cities, taking an Austrian School approach to the subject. He is the author of Dynamics of the Mixed Economy: Toward a Theory of Interventionism (London: Routledge, 1997) as well as articles in the Southern Economic Journal, Journal of Economics and Humane Studies, American Journal of Economics & Sociology, Cosmos + Taxis, the Review of Austrian Economics, and the Independent Review, Forbes, and others. He received a B.A. from Grove City College and a Ph.D. from New York University.

Articles
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The Twisted Logic of "Buy Local"
Sanford Ikeda
The Twisted Logic of “Buy Local”

“Buy local” is a popular slogan, but if you stop to consider it, it isn’t sensible.

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Sanford Ikeda
“Cost” & “Price” are Not Interchangeable Economic Concepts

There is a distinct difference between the cost of things and the price of things. Cost influences price through changes in supply.

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Sanford Ikeda
What is the Actual Difference Between Micro and Macro Economics?

The major difference between macroeconomics and microeconomics is actually their respective methods, not their subject matters.

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Sanford Ikeda
What’s the Economic Meaning of Cost?

Often, the meaning of cost varies when you ask different people who are part of the same single transaction.