Great Economists

“Making of Modern Economics” Translated into Polish!

December 18, 2012

I spent time with the “Anti-Bernanke” Polish central banker Les Balcerowicz when I visited Poland in June at the invitation of Jan Fijor, who has published several of my books in Polish. Along these lines, I’m happy to announce that the Polish edition of “The Making of Modern Economics” has just been published. “The Making [...]

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Milton Friedman Turns 100 Today — the Day I Tore up his $20 Bill!

July 31, 2012

Today is Milton Friedman’s 100th birthday. He was born on July 31, 1912, just in time to witness the birth of the Federal Reserve (1913). Monetary policy became his top subject in his career, and he made quite an impact. The Economist ranks him as the most important economist of the 20th century, ahead of [...]

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How Keynes Changed His Investment Philosophy and Died Wealthy

May 24, 2012

by Mark Skousen, Investment U Research Friday, April 27, 2012: Issue #1761   “When the facts change, I change my mind. What do you do, sir?” – John Maynard Keynes As longtime subscribers and readers of my books know, I’m no fan of John Maynard Keynes as an academic economist. His legacy is the welfare state, trillion-dollar [...]

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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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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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The Making of Modern Economics Wins 2009 Choice Award

January 22, 2010

My book The Making of Modern Economics has just won the Choice Book Award for Outstanding Academic Title for 2009. Choice is the reviewing journal for academic libraries. I was delighted by this surprise announcement, especially for a 2nd edition! Some of the unique characteristics of The Making of Modern Economics: 1. A major critique of Karl Marx’s [...]

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