From the category archives:

Ideas on Liberty and The Freeman

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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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 writers such as Paul [...]

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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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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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