David Prychitko

Photo of David Prychitko

Originally from the Chicago area, Professor Prychitko earned his B.S. in Economics at NMU (1984), and his Master’s and Ph.D. in Economics at George Mason University (1987 and 1989).  He was a Junior Visiting Fellow in the Program on Participation and Labor-Managed Systems at Cornell University in 1988, and as a Fulbright scholar at the University of Zagreb in Croatia, he studied first-hand the events that led to the collapse of the former Yugoslavia in 1989.  After attaining the rank of associate professor at SUNY-Oswego in upstate New York, he “returned home” to Northern in 1997, and has enjoyed it greatly ever since.  Prychitko estimates (although he always loses count) that, between his side of the family and especially his wife Julie’s side of the family, over 25 of his relatives have attended Northern over the past several decades.

Prychitko teaches EC 101 Introduction to Economics, EC 340 Capitalism, Socialism, & Democracy, EC 401 Intermediate Microeconomics, and EC 402 Intermediate Macroeconomics, and has guided several students in one-on-one informal seminars on Austrian School economics and on the methodology of economics and philosophy of science.

In his spare time Professor Prychitko loves spending time with his family, and reading, camping, fishing, and playing guitar and old-time fiddle.  Prychitko also enjoys heating up his outdoor wood-fired sauna a couple times a week.  He has long recognized that, in the U.P., sauna is neither a luxury nor a necessity.  It is a way of life.

Some of his publications include:

The Economic Way of Thinking, 13th edition (Pearson, 2014), co-authored with Paul Heyne and Peter Boettke.  12th edition 2010.  11th edition 2006.  10th edition 2003.  International edition (2013, 2010). Translated into Chinese (2015, 2009), Russian (2005), Hungarian (2004), and Japanese (2003) editions.

Markets, Planning and Democracy: Essays after the Collapse of Communism.  Northampton, Mass, and Cheltenham, UK:  Edward Elgar Publishing, 2002. 

Marxism and Workers' Self-Management:  The Essential Tension (Contributions in Economics and Economic History, no. 123), Westport, CT:  Greenwood Press, 1991.

The Market Process:  Essays in Contemporary Austrian Economics (co-edited with Peter Boettke).  Fairfax, VA:  The Mercatus Center at George Mason University, 2018.

Why Economists Disagree:  An Introduction to the Alternative Schools of Thought (edited).  Albany, NY:  State University of New York Press, 1998.

Market Process Theories, Vol. I: Classical and Neoclassical and Vol. II: Heterodox Approaches, (co-edited with Peter Boettke), #91 in The International Library of Critical Writings in Economics, series edited by Mark Blaug.  Cheltenham, UK, and Northampton, Mass: Edward Elgar Publishing, 1998. 

O Slobodnom Trzistu: Klesicni Eseji (co-edited with Nevenka Cuckovic).  Zagreb, Croatia: MATE, 1998.

Producer Cooperatives and Labor-Managed Systems Vol. I: Theory and Vol. II: Case Studies (co-edited with Jaroslav Vanek), #62 in the International Library of Critical Writings in Economics, Mark Blaug, series editor.  Brookfield, VT and Cheltenham, Glos.:  Edward Elgar Publishing Ltd, 1996.

Individuals, Institutions, Interpretations:  Hermeneutics Applied to Economics (edited).  Brookfield, VT: Ashgate Publishing and Aldershot: Avebury Publishing, 1995.

Feel free to visit Prychitko’s Google Scholar Page

His articles can be found and downloaded on ResearchGate and Academia.Edu