John D. Mueller

The Lehrman Institute Fellow in Economics

John D. Mueller is the Lehrman Institute Fellow in Economics and Director of the Economics and Ethics Program at the Ethics and Public Policy Center. Mr. Mueller specializes in the relation of modern economic theory to its Judeo-Christian and Greco-Roman origins, its practical application to personal, family, and political economy, and the interaction of economics, philosophical worldviews, and religious faith. He is also an adjunct senior research fellow at the Social Futuring Center.

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John D. Mueller is the Lehrman Institute Fellow in Economics and Director of the Economics and Ethics Program at the Ethics and Public Policy Center. Mr. Mueller specializes in the relation of modern economic theory to its Judeo-Christian and Greco-Roman origins, its practical application to personal, family, and political economy, and the interaction of economics, philosophical worldviews, and religious faith. He is also an adjunct senior research fellow at the Social Futuring Center.

Mr. Mueller retired in January 2015 as president of LBMC LLC, a firm in Washington, D.C. specializing in economic and financial-market forecasting and economic policy analysis. He has more than 35 years’ experience in those fields. Besides investment managers, Mr. Mueller has advised many American and foreign economic policymakers on monetary policy and exchange rates, policies for reducing unemployment, and income-tax, welfare and Social Security reform. He is author of Redeeming Economics: Rediscovering the Missing Element (ISI Books, 2010; updated paperback, 2014). From 1979 through 1988, Mr. Mueller was economist and speechwriter to then-Congressman Jack Kemp, mostly as Economic Counsel to the House Republican Conference (caucus) of which Kemp was chairman. In that capacity he drafted bills originating some key features of President Ronald Reagan’s tax cuts of 1981 and Tax Reform Act of 1986 and of Kemp’s 1988 presidential campaign. Mr. Mueller graduated in 1974 from Haverford College, and after his children completed their education, received his master’s degree in applied economics in 2019 from the University of Maryland, and in 2020 became a doctoral candidate in economics of Corvinus University in Budapest.

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View a video on a special issue of the Society and Economy Journal, featuring commentary from Mr. Mueller:

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Reviews of John D. Mueller’s Redeeming Economics: Rediscovering the Missing Element, ISI Books, Wilmington, DE, 2014 [2010]

Jennifer Roback Morse, “How the ‘A-Team’ Redeems Modern Economics,” The Family in America, Volume 24 Number 3, Summer 2010

Kevin D. Williamson,  “Summa Economica,” National Review, October 18, 2010, Issue

William E. Dean, Journal of Interdisciplinary Studies, XXIII2011: 207-209 (PDF)

David Colander, Middlebury College, Journal of Economic Literature: Vol. 49 No. 3 – Book Review, JEL 2011–0025 (Abstract | PDF)

Joseph Lawler, “A Review of Redeeming Economics,” First Things, January 2011

Kevin Clark, “Redeeming Economics” (PDF)

William English, “Still Awaiting Redemption,” The Intercollegiate Review, Spring 2011, 55-58, First Principles

Ryan T. Anderson, “Dismal Science Redeemed: What’s Gone Wrong,” The Public Discourse, May 4, 2011; “Dismal Science Redeemed: Where to Go from Here,” May 6, 2011

Troy Gibson, “Redeeming Economics, a review,” The Reformed Mind, 23 June 2011

Father John Flynn, L.C., “Can Neo-Scholastics Transform Economy? A Rediscovery of the Human Element on the Horizon,” Zenit.org, September 18, 2011

Matthew McCaffrey, “Surveying Recent Literature on Economic Theory and Morality,” Journal of Markets and Morality, Vol. 15, No. 1, pp. 179-200 (2012)

Brian Douglass, “Ite ad Thomam: John Mueller’s Return to a Solid Foundation for Economics,” The Distributist Review, 2012

J. Daniel Hammond, Wake Forest University, Faith and Economics, 59 (Spring 2012): 73-77

Rev. James V. Schall, S.J., “Economics—When the Truth Really Matters,” Aleteia, November 22, 2014

Tamás Halm, Közgazdasági Szemle (monthly journal of economics of the Hungarian Academy of Sciences), 2017

James M. Kushiner, “The Wealth of Families: The Realization of Adam Smith,” Touchstone, February 22, 2019

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Peer-Reviewed Journal Articles and Submissions

Social Futuring, Modern and Ancient (PDF)

Submitted to World Futures: The Journal Of New Paradigm Research

Rueff’s Laws of Unemployment and Inflation (PDF)

Submitted to Theoretical Economics

Recession and Depression

Published in American Governance (2016)

Federal Budget Deficit

Published in American Governance (2016)

Comment on Michael V. Szpindor Watson’s “Mueller and Mises: Integrating the Gift and ‘Final Distribution’ within Praxeology”

Published in Quarterly Journal of Austrian Economics 18, no. 2 (Summer 2015)

The ‘Missing Element’ in Modern Economics

Published in Quarterly Journal of Austrian Economics 18, no. 2 (Summer 2015)

Why “AAA Economics” Has Legs

Mueller, J. (2013), “Mueller’s redeeming economics”, A Research Annual (Research in the History of Economic Thought and Methodology, Vol. 31A), Emerald Group Publishing Limited, pp. 109-118.

Mueller, J. (2013), “Mueller’s redeeming economics”, A Research Annual (Research in the History of Economic Thought and Methodology, Vol. 31A), Emerald Group Publishing Limited, pp. 109-118.

Finn’s “Nine Libertarian Heresies” and Mueller’s First Lemma: Economists Complain Exactly Insofar as They Are Unable to Explain

Published in Journal of Markets and Morality 14, no. 2 (2011)

How Does Fiscal Policy Affect the American Worker?

Published in The Notre Dame Journal of Law Ethics and Public Policy (Vol. 20, No. 2, Spring 2006, pp. 563-619) (2006)

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AAA Index

The AAA Index, or Index of Human Flourishing (IHF)

Presented at 17th Annual Conference, Doctoral School of Economics, Business and Informatics, Corvinus University Budapest

AAA Index Project Listing on ResearchGate

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(Neo-) Scholastic Economics and Morality

John D. Mueller

Getting the history of economic theory wrong inevitably leads to inferior modern theory, particularly regarding morality and economics.

Uncategorized

Washington, Wall Street and the “Monetary Sin of the West”

John D. Mueller

To speak partly American, partly Wall Street and partly Catholic: the current monetary system violates the first principle of American political economy, qualifies as what Pope John Paul II called a “structure of sin,” and acts as a machine that creates bad apples both in Washington and on Wall Street.

Articles

 

An American Theory of Public Choice

John D. Mueller

Despite its apparent attractions it is time to retire the neoclassical theory of public choice and re-adopt the Founders’ theory of American public choice.

Articles

Fiscal Fitness

John D. Mueller

President Obama will have succeeded, and any candidate of either party contending for the presidency in 2016 will succeed or fail, in precise proportion to these classic and successful principles of American public finance.

Articles

The Weekly Standard / February 25, 2013

Principles of Economic Sanity Redux

John D. Mueller

President Obama and any 2016 presidential candidates will succeed or fail precisely in proportion to their adherence to these four principles of economic sanity.

Articles

 

A Long View of Longevity, Fertility, Education and Income

John D. Mueller

Evidence going back to at least AD 1 shows that longevity, fertility, education and income are interconnected. And this connection allows us to predict the demographic results of the alternatives presented in last Tuesday's U.S. presidential election.

Articles

 

Tocqueville’s Comparison of America and Russia, Updated

John D. Mueller

How has Tocqueville's 1835 prediction about Russia and the U.S. fared? And why is Russia's birth rate, after sinking as low as 1.2 children per couple, sharply improving, while America's birth rate, after remaining near the replacement rate of 2.1 children per couple for the past decade, sharply declining?

Articles

 

Practical Steps on Births, Benefits, Booms and Busts

John D. Mueller

Several practical policies could improve the Spanish and American birth rates, lower their unemployment rates, and render their real estate markets less vulnerable to boom-bust cycles.

Articles

Finn’s “Nine Libertarian Heresies” and Mueller’s First Lemma: Economists Complain Exactly Insofar as They Are…

John D. Mueller

Mark Twain remarked that "Wagner's music is better than it sounds." Similarly, Daniel K. Finn's "Nine Libertarian Heresies Tempting Neoconservative Catholics to Stray from Catholic Social Thought" is better than it reads–like a draft introduction to 'The Catholic Economist's Guide to How to Make Enemies and Fail to Influence People.'

Articles

The Demographic Winter (How We Got to Where We Are)

John D. Mueller

By discussing "The Demographic Winter (How We Got to Where We Are)," we are asking, in effect, why so many nations are acting against human nature.

Articles

Benefits or Babies: Will Social Benefits “Crowd Out” Children?

John D. Mueller

Without reforms of the same magnitude as Congressman Ryan proposes, there will be no way to prevent a sharp decline in the U.S. birth rate, and thus a decline in the relative size of the U.S. population and economy.

Articles

Redeeming Economics: How Federal Budgets Affect the American Family

John D. Mueller

Without reforms of the magnitude Congressman Ryan proposes, there will be no way to prevent a sharp decline in the U.S. birth rate, and thus a decline in the relative size of the U.S. population and economy.

Articles

Family Research Council / April 11, 2012