James Caton, Ph.D.
James Caton is a faculty fellow at the NDSU Center for the Study of Public Choice and Private Enterprise (PCPE) and an assistant professor in the NDSU Department of Agribusiness and Applied Economics. He teachers undergraduate courses in the areas of macroeconomics, international trade, and computation. He specializes in research related to entrepreneurship, agent-based computational economics, market process theory, and monetary economics. His research has been published in the Journal of Artificial Societies and Social Simulation, Advances in Austrian Economics: New Thinking in Austrian Political Economy and Review of Austrian Economics, and he co-edited Macroeconomics, a two volume set of essays and primary sources that represent the core of macroeconomic thought. He is also a regular contributor to the American Institute for Economic Research's Sound Money Project, which conducts research and promotes awareness about monetary stability and financial privacy.
He and his wife, Ingrid, reside in Fargo.
|Ph.D. Economics, George Mason University, 2017|
|M.A. Economics, San Jose State University, 2013|
|B.A. History, Humboldt State University, 2011|
|Office: Barry Hall 400C|
|Walbert, Harold J., James L. Caton and Julia R. Norgaard. "Countries as Agents in a Global-Scale Computational Model." Journal of Artificial Societies and Social Simulation 21. (2018). Available at JASSS: http://jasss.soc.surrey.ac.uk/21/3/4.html|
Caton, James and Richard Wagner. “Volatility in Catallactical Systems: Austrian Cycle Theory Revisited.” Advances in Austrian Economics: New Thinking in Austrian Political Economy 18. (2015) Available at SSRN: http://ssrn.com/abstract=2451276
Caton, James. “Entrepreneurship, Search Costs, and Ecological Rationality in an Agent-Based Economy.” Review of Austrian Economics (2016): http://link.springer.com/article/10.1007/s11138-016-0351-2
|Macroeconomics: Past and Present. Ed., Rustici, Caton, Shamoun, and Shamoun. San Diego, CA: Cognella Academic Publishing, 2015.|
The Monetary Foundations of the Macroeconomy. Ed., Rustici, Caton, Shamoun, and Shamoun. San Diego, CA: Cognella Academic Publishing, 2015.
|Caton, James. “Book Review: America’s Spiritual Capital” Journal of Markets and Morality 16, no. 2: (2013)|
Caton, James. “Book Review: Entrepreneurship in the Public Sector: When Middle Managers Create Value” Journal of Entrepreneurship and Public Policy. 4, no. 2: (2015)
Caton, James. “Book Review: Fortune Tellers: The Story of America’s First Economic Forecasters.” History: Review of New Books. 43, no. 2 (2015)
Caton, James. “Book Review: The Midas Curse” The Review of Austrian Economics (2016, forthcoming).
Caton, James. “Book Review: The Reckoning: Financial Accountability and the Rise and Fall of Nations.” Enterprise and Society. 16, no. 3: (2015)
Caton, James. “Book Review: The Social Life of Money” EH.net: http://eh.net/book_reviews/the-social-life-of-money/
|Caton, James. "Money in American History" in The American Middle Class: an Economic Encyclopedia of Progress and Poverty, ed., Robert Rycraft.|
|Caton, James. Sound Money Project. American Institute for Economic Research. https://www.aier.org/sound-money-project|
|Caton, James. Money, Markets, and Misperceptions. http://moneymarketsandmisperceptions.blogspot.com|
|Lopez, Edward. Political Entrepreneurs: The Economic Engine of Political Change. (Guest Blogger). http://politicalentrepreneurs.com/blog|
|"The Evolution of Hayek's Thought on Gold and Monetary Standards" at Associate of Private Enterprise Education 2018. Las Vegas, NV. 3 April, 2018.|
|"Endogenous Money and the Discovery of Liquidity" at North Dakota State University Department of Agribusiness and Applied Economics Research Seminar. Fargo, ND. 8 December, 2017.|
|"Endogenous Money and the Discovery of Liquidity" at Southern Economic Association 2017. Tampa, FL. 19 November, 2017.|
|"Language Games, Entrepreneurship, and Institutions" at Southern Economic Association 2017. Tampa, FL. 19 November, 2017.|
|"Macroeconomic Outlook: Ag Lending" at Outlook Conference for Ag Lenders. Fargo, ND. 31 October, 2017.|
|"Macroeconomic Outlook: Ag Lending" at Outlook Conference for Ag Lenders. Bismarck, ND. 17 October, 2017.|
|"An Evolutionary Theory of Knowledge" at Southern Economic Association 2016. Washington D.C. 19 November, 2016.|
|“Entrepreneurship, Search Costs, and a Realist Construct of Rationality in an Agent-based Economy.” at Eastern Economic Association 2016. Washington D.C. 27 February, 2016.|
|“Entrepreneurship, Search Costs, and a Realist Construct of Rationality in an Agent-based Economy.” at Southern Economic Association 2015. New Orleans, LA. 24 November, 2015.|
|“Whither Gold?: A Reformulation of Austrian Business Cycle Theory.” at Public Choice Society. San Antonio, TX. 13 March 2015.|
|“Good as Gold?: The Elasticity of Demand for Gold during and after the Classical Gold Standard.” at Policy History Conference. Columbus, OH. 4 June 2014.|
|“Good as Gold?: The Elasticity of Demand for Gold during and after the Classical Gold Standard.” at Association for Private Enterprise Education Conference. Las Vegas, NV. 14 April 2014.|