Manny Klausner

Manuel Klausner: I had experience with the NYU Law Review and New Individualist Review and the Journal of Law and Economics, which I'd worked on with Ronald Coase in Chicago. I was doing lots of speaking at the time, was very interested in achieving positive social change using the political system and print media, so it was a natural for me.
... When we took it over, reason was in a paradoxical stage of becoming more burdensome. Instead of economies of scale, there were diseconomies of scale.

Tibor and I became friends, and during 1970 brainstormed the idea of buying Reason from Lanny [Friedlander] and putting it on a businesslike basis ... By that point, Tibor had brought young libertarian attorney Manny Klausner into our fledgling partnership, Reason Enterprises, and Manny worked out all the legal details ... Tibor, Manny, and I developed the plan for what became the Reason Foundation ... For the [March 2015 Reason Weekend] Friday night after-dinner event, Matt Welch interviewed Tibor, Manny, and me on stage, reminiscing about Reason's long history.

Manuel S. Klausner, Ford Foundation Fellow in Comparative Law at New York University declared in New York University Law Review [reviewing Man, Economy, and State], "Lawyers and noneconomists in general, can find no more readable treatise and no more forthright case for freedom and free enterprise."

Since the economic revolution ushered in by the New Deal, the unhampered free market system has been regarded as ill-suited to the needs of the modern, industrialized American society. We live in an age in which the government has assumed a steadily expanding role in the economy ...
Despite this manifest necessity for economic education as a part of the preparation for the practice of law, such training has been neglected in the curriculum of most American law schools. Serious study of volumes such as Man, Economy, and State could alleviate this problem.