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Barry R. Weingast:

Barry R. Weingast:

· Ward C. Krebs Family Professor, Department of Political Science, and a Senior Fellow, Hoover Institution

Stanford University · Political Economy

Active 1976–2026

h-index79
Citations60.9k
Papers37120 last 5y
Funding

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About

Barry R. Weingast is the Ward C. Krebs Family Professor in the Department of Political Science at Stanford University and a Senior Fellow at the Hoover Institution. He has served as Chair of the Department of Political Science from 1996 through 2001. Weingast is a member of the National Academy of Sciences and the American Academy of Arts and Sciences. His research focuses on the political foundation of markets, economic reform, and regulation. He has written extensively on issues related to the political economy of development, federalism and decentralization, legal institutions and the rule of law, and democracy. Weingast is a co-author of the book 'Violence and Social Orders: A Conceptual Framework for Interpreting Recorded Human History' and 'Analytic Narratives,' and he has edited 'The Oxford Handbook of Political Economy.' His work has earned numerous awards, including the William H. Riker Prize, the Heinz Eulau Prize, the Franklin L. Burdette Pi Sigma Alpha Award, and the James L. Barr Memorial Prize in Public Economics.

Research topics

  • Political Science
  • Computer Science
  • Law and economics
  • Sociology
  • Law
  • Economics
  • Business
  • Market economy
  • Geography

Selected publications

  • Persistent inefficiency

    Routledge eBooks · 2020 · 12 citations

    1st authorCorresponding

    Adam Smith forcefully argued that slavery was highly inefficient, implying that freeing the slaves was Pareto improving: both slaves and their masters could be made better off without slavery. In modern, developed economies, the judicial system maintains the rule of law and enforces contracts, affording credible solutions to double-sided commitment problems. But the economies Smith discusses, such as medieval Europe, lacked a functioning system of justice associated with the rule of law. Smith’s…

  • Constitutions and Commitment:

    Princeton University Press eBooks · 2021-03-09 · 11 citations

    book-chapterSenior author
  • The Functions of Constitutional Monarchy: Why Kings and Queens Survive in a World of Republics

    SSRN Electronic Journal · 2023-01-01 · 10 citations

    articleOpen accessSenior author
  • Political Stability and Civil War:

    Princeton University Press eBooks · 2020-07-21 · 8 citations

    book-chapter1st authorCorresponding
  • Deriving ‘general principles’ 1

    2020-12-08 · 7 citations

    book-chapterSenior author

    Adam Smith’s approach to uncovering general principles of order and the conditions under which that order changes is evident throughout his lesser-known works as well, from his essay on the formation of languages to his Lectures on Rhetoric and Belles-Lettres. The incentives to act according to the general principles of morality arise from our desire for social approval, to be seen as worthy of the fellow-feeling of others, to seek peace of mind and our own self-approbation. Smith assumes that,…

Frequent coauthors

  • Douglass C. North

    51 shared
  • John Wallis

    University of Cambridge

    45 shared
  • Gillian K. Hadfield

    39 shared
  • George Mason

    Royal North Shore Hospital

    26 shared
  • Maria Niles

    Rice University

    25 shared
  • Michelle Boyd

    25 shared
  • Kenneth A. Shepsle

    Harvard University Press

    25 shared
  • Toni‐Michelle C. Travis

    25 shared

Awards & honors

  • William H. Riker Prize
  • Heinz Eulau Prize
  • Franklin L. Burdette Pi Sigma Alpha Award
  • James L. Barr Memorial Prize in Public Economics

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