Great Economics

The Rise of the Commercial Society: The Business Leader as Hero

April 22, 2013

By Mark Skousen Editor, Forecasts & Strategies Keynote Address at Annual International Assembly for Collegiate Business Education (IACBE), April 18, 2013, Orlando, Florida “It is business that creates wealth, not countries or governments.  It is businesses that decide how well or poorly off we are.”   —Shlomo Maital, MIT managerial professor Tomorrow my wife Jo Ann [...]

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Video on “Maxims of Wall Street”

April 17, 2012

Here’s a new 4-minute video of my talking about my new book “The Maxims of Wall Street”:  http://www.moneyshow.com/video/video.asp?wid=8168&t=3&scode=027326  We’re making a special offer for those who want to buy additional copies for gifts:  You may $20 for the first copy and only $10 for each additional copy.  All copies will be autographed.  To take advantage [...]

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Making of Modern Economics #2 in Ayn Rand Institute’s Top-Ten Must Read Books in Economics

April 7, 2012

Good news.  My book, The Making of Modern Economics, now in its second edition, won recognition from the Ayn Rand Institute, which published its first “top ten must-read books in economics,”  The Making of Modern Economics was ranked second, right behind Henry Hazlitt’s classic Economics in One Lesson. I’m not complaining, since Steve Mariotti, president [...]

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Free Market Textbooks Reign!

April 5, 2012

A Special Report from APEE Meetings in Las Vegas by Mark Skousen On April 2, 2012, I moderated a panel at the annual APEE meetings in Las Vegas.  APEE (Association of Private Enterprise Education) is the gathering place of free-market academic economists, and this year a record group of 500 showed up from colleges and [...]

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Hillsdale College Lecture: Will the Real Adam Smith Please Stand Up?

February 15, 2012

Was Adam Smith, the founder of modern economics, a libertarian, conservative, or radical democrat? Traditionally, free-market economists such as Milton Friedman, Ludwig von Mises, and Friedrich Hayek, have defended Smith as a great free-market economist, while Emma Rothschild, Gordon Brown, and yes, even Murray Rothbard, have demurred, suggesting that Smith was an interventionist who should [...]

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The Centrality of the Invisible Hand

January 31, 2012

THE CENTRALITY OF THE INVISIBLE HAND By Mark Skousen Lecture, Center for Constructive Alternatives Hillsdale College, January 31, 2012 “Adam Smith had one overwhelmingly important triumph: he put into the center of economics the systematic analysis of the behavior of individuals pursuing their self-interest under conditions of competition.”– George Stigler[1] A major debate has flared [...]

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Free-Market Economists on the Defensive at AEA Meeting in Chicago

January 11, 2012

“The big cannon should be fiscal policy [more deficit spending].” — Peter Diamond, Nobel Prize Economist and New Fed Member Every year I attend (and sometimes speak) at the American Economic Association (AEA) meetings, where the top economists meet and present papers on current issues. In the past, I’ve confronted Fed chairman Ben Bernanke, government [...]

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New Interview with Mark Skousen and His Major Works

August 18, 2011

Adrián Ravier, a professor of economics at Francisco Marroquin University in Guatemala and the National University of La Pampa in Argentina, has just completed a major interview with me on my life and contributions to economics, finance and the freedom movement.  It will appear in the third volume of “LA ESCUELA AUSTRIACA DESDE ADENTRO: Historias [...]

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Major Interview with Mark Skousen on His Life and Works in Economics, Finance and the Freedom Movement

July 15, 2011

BETWEEN CHICAGO AND VIENNA: INTERVIEW WITH MARK SKOUSEN Mark Skousen is an American economist, investment analyst, newsletter editor, college professor and author of more than 25 non-fiction books. AR: Professor Skousen… Thank you for this opportunity to let us know a little more about yourself. Please, explain the context in which you grew up in [...]

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Adam Smith Reveals His (Invisible) Hand!

March 9, 2011

Today is the anniversary of the publication of Adam Smith’s most famous work,  ”The Wealth of Nations” (March 9, 1776). To celebrate this important day, I’ve written an article for FEE on Dan Klein’s discovery about the “deliberate centrality” of the invisible hand in Smith’s work, and what it all means: www.thefreemanonline.org/headline/invisible-hand-middle/ It will appear in print in [...]

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