Klein received his doctorate in economics from New York University in 1990. He was a visiting scholar at the City University in Stockholm and the Department of Economics,Stanford University.[3]
Debates
In an article appearing in the August 2004 Econ Journal Watch he criticized libertarian paternalism,espoused by Cass Sunstein and Richard Thaler,as oxymoronic.[4] He argued against what he perceived as an overly loose and weak definition of libertarianism on the grounds that Thaler and Sunstein made no meaningful distinction between liberty and coercion. In failing to define the concepts of liberty and coercion as fundamentally dissimilar processes.[vague] Libertarian paternalism uses a hyperrational behavior model of human nature as a definition for libertarianism,and neglects alternative definitions such as those advanced by Adam Smith and F.A. Hayek.
Klein has also been involved in a longstanding debate over the appropriate use of the terms "coordination" and "discovery" with emeritus professor of economics at New York University Israel Kirzner. Klein maintains that Kirzner's reliance and identification with "the Misesian image of science" threatens to discredit his more sensible contributions.[5]
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