Back to Top

Leo Krasnozhon

Associate Professor of Economics and holder of the Chase Minority Entrepreneurship Distinuished Professorship


Ph.D., Economics, George Mason University

M.A., Economics, Clark University

B.A., Economics, Kharkiv State University


  • College of Business
  • Decision Science
  • Economics


Leo Krasnozhon is an Associate Professor of Economics and the holder of the Chase Minority Entrepreneurship Distinguished Professorship in the Joseph A. Butt, S.J., College of Business at Loyola University New Orleans. He earned a PhD in Economics from George Mason University, a MA in Economics from Clark University, and a BA in Economics from Kharkiv State University (Ukraine). Leo was a research fellow at the Property and Environment Research Center, the Institute for Humane Studies, and the American Institute for Economic Research.

Leo’s research interest is primarily in political economy of governance, public choice, economic development of Ukraine and Eastern Europe, and history of economic thought. He is the author of more than 15 scholarly articles and several book chapters. His work has appeared in Economics of Governance, Constitutional Political Economy, Econ Journal Watch, and other outlets. Leo’s research has been featured in popular press outlets, including Forbes, the World Politics Review, and the Kyiv Post. Leo has been a recipient of the 2013 Best Educational Paper award by the Association of Private Enterprise Education. His award-winning paper presents an innovative learning activity that uses Beyoncé’s hit song “Irreplaceable” to teach important concepts of demand and quantity demanded.

Leo also serves as a faculty advisor to the Loyola Economics Club. Every academic year the Economics Club hosts about twelve events, including guest speaker series, student honors thesis panels, and student conferences.