Rate My Professor Raymond March

Raymond March, PhD, served as Assistant Professor of economics in the Department of Agribusiness and Applied Economics at North Dakota State University from 2018 to 2024, during which time he was promoted to Associate Professor. He previously held an Assistant Professor position at San Jose State University from 2017 to 2018. Currently, he maintains an affiliate scholar role at the NDSU Challey Institute for Global Innovation and Growth, as well as Non-Resident Scholar status. March earned his PhD in Agricultural and Applied Economics from Texas Tech University in 2017, with a dissertation titled 'Self-Regulation in the US Pharmaceutical Market.' He also holds an MA in Agricultural and Applied Economics from Texas Tech University and a BS in Economics and Business Management, with a concentration in Entrepreneurship, from Florida Gulf Coast University in 2012.

March's research examines the public and private provision and governance of health care in the United States, with a particular focus on pharmaceutical markets, the political economy of regulation, self-regulation, deregulation, and health policy. His scholarship has appeared in leading journals, including the Southern Economic Journal ('The FDA and Covid-19: A Political Economy Perspective,' 2021), Public Choice ('Rent-Seeking for Madness: The Political Economy of Mental Asylums in the US, 1870-1910,' 2020, with Vincent Geloso), Research Policy ('Gordon Tullock Meets Phineas Gage: The Political Economy of Lobotomies in the US,' 2019, with Vincent Geloso), Journal of Institutional Economics ('Skin in the Game: Comparing the Private and Public Regulation of Isotretinoin,' 2016), and the Independent Review ('Flatten the Bureaucracy: Deregulation and Covid-19 Testing,' 2021). He co-edited the volume Pandemics and Liberty (2022). Recent works include 'Does Economic Liberalization Increase Government Accountability?' (Journal of Economic Behavior & Organization, 2025) and 'Recreational Marijuana Legalization's Impact on Opioid Death Rates: A Synthetic Control Approach' (Public Health, 2024). March has received numerous honors, including the Outstanding Dissertation in Social Sciences from Texas Tech University (2018), the Adam Smith Fellowship from the Mercatus Center at George Mason University (2015-2017), the Institute for Humane Studies Fellowship (2015-2016), and multiple grants from the Institute for Humane Studies, Free Market Institute, and American Institute for Economic Research. He was nominated for the NDSU Odney Award for Excellence in Teaching in 2020 and serves as a referee for journals such as Public Choice, Southern Economic Journal, and Journal of Economic Behavior & Organization. Additionally, he is a research fellow at the Independent Institute and director of FDAReview.org.