
Barry R. Weingast:
· Ward C. Krebs Family Professor, Department of Political Science, and a Senior Fellow, Hoover InstitutionStanford University · Political Economy
Active 1976–2026
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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
Routledge eBooks · 2020 · 12 citations
1st authorCorrespondingAdam 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…
Princeton University Press eBooks · 2021-03-09 · 11 citations
book-chapterSenior authorThe Functions of Constitutional Monarchy: Why Kings and Queens Survive in a World of Republics
SSRN Electronic Journal · 2023-01-01 · 10 citations
articleOpen accessSenior authorPolitical Stability and Civil War:
Princeton University Press eBooks · 2020-07-21 · 8 citations
book-chapter1st authorCorrespondingDeriving ‘general principles’ 1
2020-12-08 · 7 citations
book-chapterSenior authorAdam 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
- 51 shared
Douglass C. North
- 45 shared
John Wallis
University of Cambridge
- 39 shared
Gillian K. Hadfield
- 26 shared
George Mason
Royal North Shore Hospital
- 25 shared
Maria Niles
Rice University
- 25 shared
Michelle Boyd
- 25 shared
Kenneth A. Shepsle
Harvard University Press
- 25 shared
Toni‐Michelle C. Travis
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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