Industrial Economics, Antitrust, Health Economics, Privatization, Economics of Crime


Professor Blackstone received his A.B. from Syracuse University where he was elected to Phi Beta Kappa. He received his Ph.D. from the University of Michigan. He has taught economics for over forty years. Prior to coming to Temple in 1976, Dr. Blackstone taught at Dartmouth College and Cornell University. His research areas and publications include the Economics of Industrial Organization, Health Economics, Antitrust, the Economics of Crime, and Privatization. He has published on a variety of antitrust topics including mergers, dominance, reciprocal buying, collusion and damages. His publications include over fifty articles in major economics and public policy journals, chapters in books, two edited books, a monograph on private policing, and a book on the electronic security industry. Dr. Blackstone has taught courses from the introductory to the Ph.D. level. He was given in 1976 the Clark Award for distinguished teaching at Cornell and at Temple, the Andrisani-Frank Award for Excellence in teaching in 2001, and the Musser Excellence in Leadership Award for teaching in 2006.

Selected Publications

  • “Innovation and Competition: Will Biosimilars Suceed?”, Biotechnology Healthcare, Spring 2012, pp. 24-27 (with Joseph P. Fuhr, Jr.)
  • “The Case of Duopoly: Industry Structure is not a Sufficient Basis for Imposing Regulation”, Regulation, vol. 34, no. 4, Winter 2011-2012, pp. 12-17 (with Larry F. Darby and Joseph P. Fuhr, Jr.)
  • “Privatizing the Police”, Milken Institute Review, vol. 12 no. 3, third quarter 2010, pp. 54-61 (with Simon Hakim)
  • “Vertical Integration in Motion Pictures”, Journal of Communication, Winter 1999, pp. 123-139 (with Gary W. Bowman)
  • “Rural Hospital Mergers, Antitrust Policy and the Ukiah Case”, Journal of Health Politics, Policy and Law, vol. 23, no. 6, December 1998, pp. 949-971

Courses Taught

  • Microeconomics Principles – Honors (Econ 1902)
  • Economics of American Industry (Econ 3536)
  • Public Control of Business: Antitrust (Econ 3535)
  • Theory of Industrial Organization (Econ 8115)
  • Economics of Antitrust and Regulation (Econ 8105)