Stephen P Magee
Stephen P. Magee is a professor of finance and economics at UT, where he has taught both managerial microeconomics and international finance and international economics for over 20 years. Prof. Magee is an expert in international economic policy, specifically, endogenous policy theory, which explains why tariffs and other forms of international trade protection exist. He has published on intellectual property, the pricing of new technology and has quantified the determinants of royalty rates on patents. His 15 years of work on the effects of lawyers and legal systems on the economy has appeared in the Wall Street Journal (1992) and was presented at the Bush White House in 1991. In addition to his work in international trade and finance, he is an expert on antitrust economics and firm valuation. Magee received his PhD from M.I.T. in economics (1969). In addition to teaching at the University of Texas since 1976, he taught business at the University of California at Berkeley (1969-71) and at the University of Chicago (1971-76; 1990, 1991, 1997). He was Chairman of the Department of Finance from 1980 to 1984 and has served as an associate editor for five academic journals. Magee has published over 60 scholarly articles and three books: International Trade and Distortions in Factor Markets (1976); International Trade (1980); and coauthored Black Hole Tariffs and Endogenous Policy Theory (Cambridge University Press, 1989. The last book was endorsed by two Nobel laureates in economics and the 1989 Chairman of the Nobel Committee for Economics. In 1990, Magee won the annual award for the top career research contribution by any faculty member of the Graduate School of Business at UT. He is the winner of two teaching awards at Texas. In 1999, Magee was captain and a starting defender for the Wanderers, an Austin soccer team that won the US National Soccer Championship for men over 50 years of age.