Career
He is a Distinguished Adjunct Professor of Economics at the Mercatus Center, a faculty member with George Mason University"s Capitol Hill Campus, and a Senior Fellow with the Property and Environment Research Center (PERC). He has served as executive director of the Federal Trade Commission in Washington, District of Columbia, and served as senior economist on the President"s Council on Wage and Price Stability from 1976 to 1978. Yandle received his bachelor"s degree from Mercer University and his Master of Business Administration and Doctor of Philosophy from Georgia State University.
He has been president of the Association of Private Enterprise Education, member and chairman of the South Carolina State Board of Economic Advisors, and member and chairman of the Spartanburg Methodist College board of trustees.
He produces a quarterly newsletter on the economic distributed by Clemson University"s Thurmond Institute. He was the first to put forth the story of the bootlegger and the Baptist, which describes how economic and ethical interests ally with one another to promote regulation, even though the two groups would never interact otherwise.
Prior to starting his career in academia, he had a fifteen-year career in the industrial machinery business.
