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 [...]

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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 think it is quite likely that we are entering an era of much more interaction among the sciences.” Kenneth E. Boulding 1 During the 20th century it was popular to label economics the “dismal science,” a term of derision coined [...]

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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 [...]

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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” [...]

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The Gap Between Rich and Poor Is…Narrowing!

April 30, 2000

Personal Snapshots FORECASTS & STRATEGIES April 2000 by Mark Skousen “The poor remain poor and the command of income by those in the top income brackets is increasing egregiously.” — John Kenneth Galbraith “The poor have not gotten poorer. The average family below the poverty line today is doing as well or better than middle-class [...]

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What It Takes to Be an Objective Scholar

April 5, 2000

Economics on Trial IDEAS ON LIBERTY April 2000 by Mark Skousen “It was the facts that changed my mind.” -Julian Simon (1) During the 1990s we watched the Dow Jones Industrial Average increase fourfold and Nasdaq stocks tenfold. Yet there were well-known investment advisers-some of them my friends-who were bearish during the entire period, missing [...]

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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 by Mark Skousen “It was the facts that changed my mind.” -Julian Simon (1) During the 1990s we watched the Dow Jones Industrial Average increase fourfold and Nasdaq stocks tenfold. Yet there were well-known investment advisers-some of them my [...]

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Will the Savings Crisis Lead to Stagnation?

March 29, 2000

Economics on Trial IDEAS ON LIBERTY March 2000 by Mark Skousen “There is a virtuous cycle in which high growth promotes high saving, and high saving in turn promotes high growth.” — Joseph Stiglitz, Chief Economist, The World Bank “America’s Expansion Cannot Be Sustained.” — The Economist, November 6, 1999 In a return to the [...]

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Greed Is Good — NOT!

February 1, 2000

Personal Snapshots Forecasts & Strategies, February 2000 Greed is Good — NOT! “Unbridled avarice is not in the least the equivalent of capitalism, still less its ‘spirit.’” — Max Weber Recently I heard free-market economist Walter Williams speak at a local college about capitalism. He quoted approvingly from Gordon Gekko, the fictional character of the [...]

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What Are the Bears Missing?

January 31, 2000

Forecasts & Strategies Personal Snapshots January 2000 What Are the Bears Missing? By Mark Skousen “He has been wrong about the stock market for a decade, he said, because he is a contrarian.” — The New York Times, December 26, 1999 The 1990s has turned out to be the best-performing decade of the 20th century [...]

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