Economic History

Book Review: The Making of Modern Economics

August 24, 2009

From an online book review on BillyBush.Net: I recently finished “The Making of Modern Economics” by Mark Skousen.  I found this book quite intriguing.  It provides a powerful foundation and historical background to economic thought by offering the histories of the individuals that most contributed to modern schools of economics and public policy. Read more: [...]

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A Year of Miracles — 1776

August 2, 2002

Personal Snapshots Forecasts & Strategies August 2002 Call 1-800-USA-1776 and Receive a FEE Gift! “The cause of America is in great measure the cause of all mankind.” — Tom Paine, Common Sense (1776) Good news! We have just acquired two of the most memorable toll-free numbers for FEE: 800/USA-1776 and 888/USA-1776. We wish to thank [...]

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Where Are the Best Schools in Austrian Economics?

July 1, 2001

Ideas On Liberty Economics on Trial July 2001 by Mark Skousen “We must raise and train an army of fighters for freedom.” —F. A. Hayek Frequently students or parents approach me at investment or economics conferences with the question, “Can you recommend an undergraduate or graduate program in free-market economics?” With the explosive interest in [...]

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Pulling Down the Keynesian Cross

June 1, 2001

Ideas On Liberty Economics on Trial June 2001 by Mark Skousen “The circle had come right round; it was as though Keynes had never been.” -Robert Skidelsky1 “Textbooks have to be rewritten in the aftermath of each scientific revolution.” -Thomas S. Kuhn2 In his third and final volume on John Maynard Keynes, Robert Skidelsky comes [...]

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It All Started with Adam

May 1, 2001

Ideas On Liberty Economics on Trial May 2001 by Mark Skousen Adam Smith, that is. Having just completed writing a history of economics,1 I have concluded that, despite the protestations of Murray Rothbard and other detractors, the eighteenth-century moral philosopher and celebrated author of The Wealth of Nations deserves to be named the founding father [...]

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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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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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