Vernon L. Smith

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Vernon L. Smith, Nobel Memorial Prize for Economics winner, 2002, is a pioneer of "experimental economics".

He has served as a consultant on the privatization of electric power in Australia and New Zealand and participated in numerous private and public discussions of energy deregulation in the United States.

Koch Connection

The Koch Brothers are the conservative billionaire co-owners of Koch Industries. As two of the richest people in the world, they are key funders of the right-wing infrastructure, including the American Legislative Exchange Council (ALEC) and the State Policy Network (SPN). In SourceWatch, key articles on the Kochs include: Koch Brothers, Koch Industries, Americans for Prosperity, American Encore, and Freedom Partners.

He will be on the "Panel of Experts" for the Copenhagen Consensus in May 2004.

Smith started his academic career in the 50s on the Harvard Economics Research Project. He went on become Associate Professor, meanwhile enjoying a stint at the RAND Corporation and the Ford Foundation.


  • "The Koch Foundation's gift was an excellent investment." -- Charles Koch, quoted in the GMU Benefactor, fall 2002 [1]

Resources and articles

Related Sourcewatch


  1. Directors, Property and Environment Research Center, accessed June 13, 2010.