From the category archives:

Economics Articles

Is Alan Greenspan Really That Good?

January 1, 2001

Forecasts & Strategies
Personal Snapshots
January 2001
Is Alan Greenspan Really That Good?
By Mark Skousen
“He played the game, skillfully …. He helped breath life into the vision of America as strong, the best, invincible.” -Bob Woodward, Maestro: Greenspan’s Fed and the American Boom
Last month I listened on audiotape to Bob Woodward’s new book, Maestro (Simon & Schuster), the [...]

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The Imperial Science

January 1, 2001

Ideas on Liberty
Economics on Trial
January 2001
The Imperial Science
by Mark Skousen
“I [...]

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An Enemy Hath Done This

September 1, 2000

Economics on Trial – Ideas on Liberty – SEPTEMBER 2000
by Mark Skousen
“Government measures . . . give individuals an incentive to misuse and misdirect resources and distort the investment of new savings.”
- MILTON FRIEDMAN 1
Several months ago, I had the opportunity of speaking before a Miami chapter of Legatus, a group of Catholic business leaders [...]

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If You Build It – Privately – They Will Come

August 26, 2000

Ideas on Liberty
Economics on Trial
August 2000
by Mark Skousen
“Government provides certain indispensable public services without which community life would be unthinkable and which by their nature cannot appropriately be left to private enterprise.” – PAUL A. SAMUELSON
If you take a course in public finance, you will invariably encounter the “public goods” argument for government: Some services [...]

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What It Takes to Be an Objective Scholar

April 1, 2000

Economics on Trial
IDEAS ON LIBERTY
April 2000
What It Takes to Be an Objective Scholar [...]

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Greed Is Good — NOT!

February 1, 2000

Personal Snapshots
Forecasts & Strategies, February 2000
Greed [...]

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Economics for the 21st Century

January 1, 2000

Economics on Trial
IDEAS ON LIBERTY
January 2000
Economics for the 21st Century
by Mark Skousen
“Nature [...]

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Say’s Law Is Back

August 2, 1999

Ideas on Liberty
August 1999
by Mark Skousen

“Keynes . . . misunderstood and misrepresented Say’s Law. . . . This is Keynes’s most enduring legacy and it is a legacy which has disfigured economic theory to this day.”
—Steven Kates[1]
In researching my forthcoming book, The Story of Modern Economics (to be published by M. E. Sharpe next [...]

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Keynesianism Defeated

October 9, 1997

WALL STREET JOURNAL — THURSDAY, OCTOBER 9, 1997
By Mark Skousen
In 1992, Harvard Prof. Greg Mankiw was paid an unprecedented advance of $1.1 million to produce the “next Salmuelson”–a successor to Paul Samuelson’s “Economics,” the most successful economics textbook ever written, with more than four million copies sold in 15 editions and 41 foreign translations since [...]

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Economics in One Page

January 2, 1997

Economics on Trial – THE FREEMAN – JANUARY 1997
By Mark Skousen
“What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.”1
–Milton Friedman
The above statement by Friedman got me thinking: Is it possible to summarize [...]

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