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Professor Yoram Barzel’sRetirement Celebration
November 25, 2014
Professor Yoram Barzel joined the UW Department of
Economics in 1961. A prolific and lifelong
researcher, Prof. Barzel’spioneering work in
transaction cost economics and property rights has been
fundamental to the development of New
Institutional Economics.
When Yoram Barzelwas a teenager in Israel in the late
1940’s, newspaper columns about
economics sparked his interest in the
subject.
Professor Eugene Silberberg’s
Retirement Party, June 2008
Professors Yoram Barzel, Richard Parks, and Eric Zivot.
In the summer of 1961 Barzel was hired by the
Department of Economics as an
Assistant Professor to teach microeconomics
and econometrics, joining a faculty corps that included would-be
Nobel Laureate Douglass North and
Don Gordon.
A year later he was joined by Walter Oi.
Another new Assistant Professor, Judith Thornton, also started teaching in 1961; and 53 years later she, too, is still teaching in the department.
Yoram and Judy’s 50th
Teaching Anniversary Celebration,
October 2011
Professor Barzel has published dozens of
influential works, first on estimation of cost and
production functions, later moving into property rights and transaction
costs, and more recently delving into the political
economy.
Retirement Party for Brenda Snell,
June 2012.
Yoram has written four books, the most recent being A Theory of the State: Economic Rights, Legal Rights, and the Scope of the State (Cambridge University Press, 2002).
His book Economic Analysis of Property Rights (Cambridge University Press 1989) is in its second edition and has been translated into Chinese and Japanese.
Yoram with Assistant Professor
Hendrik Wolff, Commencement
2014
Yoram’s 70th Birthday at the
UW Faculty Club
Celebrating Michael Hadjimikalakis’
Retirement ,June 2014