Work
Bruno Frey's main focus lies on the application of economics to new areas (politics, art, history, terrorism and war, family) and the extension of the model of human behavior to incorporate psychological and sociological elements. He has been among the first economists to deal with: a) empirical models about the relation between the economy and politics, especially politico-economic cycles; b) new concepts of federalism (Functional, Overlapping, Competing Jurisdictions, FOCJ); c) crowding-out and intrinsic motivation; d) orders and awards.
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“People run away from the name subsidy. It is a subsidy. I am not afraid to call it so. It is paid for the purpose of giving a merchant marine to the whole country so that the trade of the whole country will be benefitted thereby, and the men running the ships will of course make a reasonable profit.... Unless we have a merchant marine, our navy if called upon for offensive or defensive work is going to be most defective.”
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