Education
He graduated from Oberlin College in 1948 with an Bachelor of Arts and was granted an Master of Arts from Columbia University in 1949 and a Doctor of Philosophy from there in 1952.
He graduated from Oberlin College in 1948 with an Bachelor of Arts and was granted an Master of Arts from Columbia University in 1949 and a Doctor of Philosophy from there in 1952.
He had previously served in the United States Army in World World War II, translating Japanese codes. He temporarily served as the Vice President of the Interlingua Institute from 1997 to 1998 after Deanna Hammond died. He has been a regular contributor to Liberty magazine and an occasional contributor to the "Mises Daily".
He is a Professor Emeritus at both Auburn University and the University of Virginia.
His subsequent writings have tilted towards a laissez-faire approach to monetary reform. In his 1989 paper "Can Monetary Disequilibrium Be Eliminated", he advocates that government "be banished from any role in the monetary system other than that of defining a unit of account or numeraire.".
(Book by Yeager, Leland B., Tuerck, D. G.)
(Hardcover book.)