Diana Thomas

Diana Thomas

  • Associate Professor, Economics and Finance Department, Creighton University
  • Director, Institute of Economic Inquiry, Creighton University

Diana Thomas is an Associate Professor in the Economics and Finance Department at Creighton University. She is also Director for the Institute of Economic Inquiry at Creighton University, and the 2016 President-Elect at the Society for the Development of Austrian Economics. She was previously an assistant professor of economics at the Jon M. Huntsman School of Business at Utah State University. Dr. Thomas earned her Diploma in Business Administration from Fachhochschule Aachen in Germany and her BS in Finance from George Mason University in 2004. After working as a junior portfolio manager at Allianz Global Investors in Frankfurt Germany for a year, she returned to George Mason University in the Fall of 2005. She earned her MA in Economics in 2007 and her PhD in Economics in 2009 both from George Mason University. Her primary fields of research are public choice, development economics, and Austrian economics. Dr. Thomas has published papers on political entrepreneurship and the regulation of late medieval German beer markets. She is currently at work on a project exploring informal property rights institutions in the developing world. In 2012, Dr. Thomas won the Researcher of the Year award from the Jon M. Huntsman School of Business at Utah State University.

Published Research

Diana Thomas | Apr 2015
Adam Smith and Bruce Yandle's book, Bootleggers and Baptists: How Economic Forces and Moral Persuasion Interact to Shape Regulatory Politics, provides a great introduction to some of the fundamental principles of public choice theory (chapters 1-3), as well as interesting applications of that theory to current regulatory topics (chapters 4-7).
Diana Thomas, William F. Shughart II | Apr 2014
The article offers a memorial tribute to economist James M. Buchanan, focusing on his November 19633 presidential address to the Southern Economic Association. It considers Buchanan's distinction between voluntary and potentially coercive exchange relationships as well as examines the economics literature on voluntary and potentially coercive relationships in the field of collective action.
Diana Thomas, Michael D. Thomas | Mar 2014
The most important distinction between Virginia political economy (VPE) and the other branches of public choice scholarship is a close affinity of the former to Austrian economics. Contributions in both the Virginia and the Vienna (Austrian) traditions have emphasized this connection and highlighted the analytical and ideological interdependencies of the two schools.
Diana Thomas, Benjamin M. Blau, Tyler J. Brough | Mar 2014
This paper investigates the link between economic freedom and the price stability of individual securities in a unique setting. Using a sample of 327 American Depositary Receipts (ADRs), we find an inverse relation between the economic freedom of a ADRs' home country and the price volatility of the ADR.

Working Papers

Testimony & Comments

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