Ideas on Liberty and The Freeman

The Anti-Capitalistic Mentality, Updated

November 1, 2000

Economics on Trial Ideas on Liberty November 2000 by Mark Skousen “In the excitement over the unfolding of his scientific and technical powers, modern man has built a system of production that ravishes nature and a type of society that mutilates man.” -E. F. SCHUMACHER (1) In 1956, Ludwig von Mises countered myriad arguments against [...]

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Having Their Cake

October 1, 2000

Economics on Trial Ideas on Liberty October 2000 Having Their Cake by Mark Skousen “The duty of ‘saving’ became nine-tenths of virtue and the growth of the cake the object of true religion.” -JOHN MAYNARD KEYNES (1) In his 1920 bestseller, The Economic Consequences of the Peace, John Maynard Keynes made a profound observation about [...]

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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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Neither Left nor Right

July 5, 2000

Economics on Trial – Ideas on Liberty – July 2000 by Mark Skousen “Those who control the adjectives win.” — Larry Abraham The use of the political labels “left” and “right” may be popular in today’s media, but there are several reasons why the dichotomy is a false and misleading guide to political and economic [...]

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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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A Much-Deserved Triumph in Supply-Side Economics

February 2, 2000

Economics on Trial IDEAS ON LIBERTY February 2000 by Mark Skousen “After occupying center stage during the 1980s, the supply-side approach to economics disappeared when Ronald Reagan left office.” – Paul Samuelson (1) Until Robert Mundell won the Nobel Prize in 1999, supply-side economics had been a school without honor among professional economists. Established textbook [...]

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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 has set no limit to the realization of our hopes.” — Marquis De Condorcet Recently I came across the extraordinary writings of the Marquis de Condorcet (1743-94), a mathematician with an amazing gift of prophecy in l`age des [...]

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One Graph Says It All

November 30, 1999

Economics on Trial – THE FREEMAN By Mark Skousen “But the free market is not primarily a device to procure growth. It is a device to secure the most efficient use of resources.” -Henry C. Wallich 1 In celebrating fifty years of service by the Foundation for Economic Education, we observe one overriding lesson of [...]

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