Ted A. Burczak

Ted A. Burczak

Professor & Interim Director (Global Commerce)
Central Campus
Fellows Hall 406
Position Type 



Teaching economics at Denison is a great job. Having the opportunity to share one’s intellectual passions with intelligent, interested, young adults, while helping them to think more clearly, analytically, and critically, is an exciting task to wake up to every day for a faculty member who has chosen the life of the mind as one’s profession. That the job also facilitates and encourages the possibility of continual learning for oneself is icing on the cake.

B.A. 1986. State University of New York at Binghamton Ph.D. 1994. University of Massachusetts-Amherst.

Learning & Teaching


Econ. 101: Introduction to Macroeconomics, Econ. 301: Intermediate Macroeconomics, Econ. 201: Economic Justice, Econ. 402: Twentieth Century History of Economic Thought, Hayek and Keynes



My research is in the area of the History of Economic Thought, particularly in the development of 20th century economic theory. I specialize in the work of F.A. Hayek, a 1974 Nobel Prize-winning economist, who was a broad interdisciplinary thinker known for his advocacy of a free market economy and related criticism of central planning. My research is a sympathetic yet ultimately critical engagement with Hayek, as I seek to develop socialist alternatives that both respond to and “fit in” with Hayek’s system of ideas. As such, I also engage with the legacies of Karl Marx and John Maynard Keynes in the development of economic theory and alternative economic systems.



Selected Publications:

  • Catallactic Marxism: Hayek, Marx, and the Market.” In Marxism without Guarantees, ed. R. Garnett, T. Burczak, and R. McIntyre. Forthcoming.
  • Socialism and Communism.” Handbook of Marxian Economics. Routledge. Forthcoming.
  • Dictating Liberty.” Review of Political Economy 26 (July): 368-71. 2014.
  • A Hayekian Case for a Basic Income,” in Basic Income and the Free Market: Austrian Economics and the Potential for Efficient Redistribution, ed. G. Nell, pages 49-64. Palgrave-MacMillan. 2013.
  • A Socialist Spontaneous Order,” in Hayek, Mill and the Liberal Tradition, ed. A. Farrant, pages 130-147. Routledge. 2011.
  • Socialism after Hayek. University of Michigan Press. 2006.