From the category archives:

Economics Articles

Who's to Blame for ObamaCare? Two Conservatives!

December 30, 2009

(I wrote the following article for Human Events, but apparently it was too controversial and was removed after about 100 e-letters of commentary, both favorable and critical. Read here’s the original op-ed, uncensured.)

By Mark Skousen
This week the Senate grinches stole Christmas. The Obama Nation is getting Obama Care.
It’s easy to blame the [...]

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Will we survive Obamanomics?

March 5, 2009

From the Gilroy Dispatch
Officially, President Obama’s $3.6 trillion budget is titled “A New Era of Responsibility.”
That’s false on two counts. It’s an era – not of responsibility, but of big-government taxation, spending, and regulation. And it’s not new. History is full of attempts to inflate the state to grow the economy. Virtually all have ended [...]

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Proof Is in the Dow

March 2, 2009

From Human Events
“The Obama budget is nothing less than an attempt to end the ideas of Ronald Reagan.” — New York Times
Adam Smith, the father of free-market economics, once stated, “There is much ruin in a nation.”  President Obama is out to prove it in his Newspeak program he calls “A New Era of Responsibility.”  [...]

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Obamanomics Is Making Matters Worse

February 24, 2009

From Human Events
Unfortunately, the [Keynesian] balance week is unbalanced. ~ Milton Friedman
We have outlived the short-run and are suffering from the long-run consequences of [Keynesian] policies. ~ Ludwig von Mises
Last week, Treasury Secretary Timothy Geithner announced another solution to the financial crisis — his new “Financial Stability Plan.” Since the announcement, Citigroup has fallen 51 [...]

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From Poverty to Riches: Is There a Magic Elixir?

July 1, 2002

From The President’s Desk
Published in Ideas on Liberty
July 2002
by Mark Skousen
“The problem of making poor countries rich was much more difficult than we thought.”
—William Easterly, World Bank1
“If there is one formula for our success, it was that we were constantly studying how to make things work, or how to make them work better.”
—Lee Kuan Yew, [...]

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Where Are the Best Schools in Austrian Economics?

July 1, 2001

Ideas On Liberty
Economics on Trial
July 2001
by Mark Skousen
“We must raise and train an army of fighters for freedom.”
—F. A. Hayek
Frequently students or parents approach me at investment or economics conferences with the question, “Can you recommend an undergraduate or graduate program in free-market economics?” With the explosive interest in a degree in economics, it’s [...]

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Pulling Down the Keynesian Cross

June 1, 2001

Ideas On Liberty
Economics on Trial
June 2001
by Mark Skousen
“The circle had come right round; it was as though Keynes had never been.”
-Robert Skidelsky1
“Textbooks have to be rewritten in the aftermath of each scientific revolution.”
-Thomas S. Kuhn2
In his third and final volume on John Maynard Keynes, Robert Skidelsky comes to the shocking conclusion that the Keynesian [...]

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Whatever Happened to the Egyptians?

June 1, 2001

Forecasts & Strategies
Personal Snapshots
June 2001
By Mark Skousen
Governments are generally reluctant to admit mistakes and to change mistaken policies until much harm has been done. -P.T. Bauer and B.S. Yamey
In Whatever Happened to the Egyptians?, a popular book in Egypt, author Galan Amin raises a good question. Thousands of years ago, Egypt was the birthplace of [...]

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Beyond GDP: A Breakthrough in National Income Accounting

April 1, 2001

IDEAS ON LIBERTY
Economics on Trial
APRIL 2001
Beyond GDP: A Breakthrough in National Income Accounting [...]

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The Troubled Economics of Ayn Rand

January 1, 2001

Published in January, 2001, issue of Liberty Magazine:
THE TROUBLED ECONOMICS OF AYN RAND
by Mark Skousen
“No creator was prompted by a desire to serve his brothers…”
–Howard Roark, The Fountainhead (1994:710)
Ayn Rand, author of the celebrated Capitalism: The Unknown Idea, is honored almost universally as the fountainhead of market capitalism, an impassioned proponent of reason, individualism, and [...]

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