Russell S. Sobel is Professor of Economics & Entrepreneurship in the Baker School of Business at The Citadel in his hometown of Charleston, South Carolina. He received his Ph.D. in economics from Florida State University in 1994. He is co-editor of the Southern Economic Journal and is a member of the editorial boards for the journals Public Choice and the Journal of Entrepreneurship & Public Policy. He serves as a Regional Advisory Committee Member for the South Carolina Revenue and Fiscal Affairs Office Board of Economic Advisors. He is the recipient of numerous awards for both his teaching and research including the Kenneth G. Elzinga Distinguished Teaching Award from the Southern Economic Association, the Georgescu-Roegen Prize for Best Article of the Year in the Southern Economic Journal, the Association of Private Enterprise Education Distinguished Scholar Award, and the Sir Antony Fisher International Memorial Award for his book Unleashing Capitalism. He has produced over two dozen Ph.D. students, most of which have gone on to pursue distinguished academic careers. He is the author or coauthor of over 250 academic journal articles and books including Growth and Variability in State Tax Revenue: An Anatomy of State Fiscal Crises, The Rule of Law, Unleashing Capitalism, and The Essential Joseph Schumpeter. His publications have appeared in a wide variety of academic journals including the Journal of Political Economy, Journal of Law and Economics, Public Choice, Journal of Business Venturing, Small Business Economics, and Economic Inquiry. His research has been featured in many leading news outlets including the New York Times, Wall Street Journal, Washington Post, U.S. News and World Report, Investor’s Business Daily, The Economist Magazine, The Financial Post, CNBC, and the CBS Evening News. His current recent research focuses on the intersection of entrepreneurship and economic policy.