"Against All Odds: How the Adam Smith Model of Free-Market Capitalism Triumphed over Keynesiansim, Marxism and Socialism" lecture att Timbro May 28 2001


Mark Skousen, a former CIA economist with a Ph.D. in economics, has a talent for spotting trends in the market, sägs det på hans företags hemsida på

http://www.forecasts-strategies.com/

Skousen har även en personlig hemsida på

http://www.mskousen.com/

Han är anhängare av guldmyntfot – se hans bok

Economics of a Pure Gold Standard
(Foundation for Economic Education, c. 1997, $14.95)
Now in its third edition, this paperback thoughtfully makes the clear case for the gold standard as the best monetary system.

Appearing at the 20th Anniversary banquet of the New Orleans Investment Conference in October 1993 as General George S. Patton, Jr., Mark Skousen created quite a stir.

He challenged G. Gordon Liddy to a push-up contest, slapped Doug Casey and harangued just about every hard-money movement financial guru. In this clip, "General Patton" gives his battle strategy for investing and making money to the "soldiers of fortune" in the audience. http://www.mskousen.com/Speeches/patton.html

New! The Making of Modern Economics: The Lives and Ideas of the Great Thinkers
M. E. Sharpe Publishers, 2001, 496 pages

"I loved the book--spectacular!" --Arthur B. Laffer


WALL STREET JOURNAL -- THURSDAY, OCTOBER 9, 1997
Keynesianism Defeated
By Mark Skousen

Keynes's model portrayed the market as a driver without a steering wheel, a driver that could push the economy off the road at any time. He taught that the economy needed a large and activist government to steer it on the road of full employment.

Keynesianism, or the "new economics," became widespread--the "general" theory. Modern economics textbooks thus focused primarily on the ups and downs of the capitalist system and how government policy could attempt to ameliorate the business cycle. They include many chapters studying cyclical fluctuations, while burying the study of economic growth and development--otherwise known as supply-side economics--in the back pages.

Now Mr. Mankiw has changed all that, putting classical economics back at the forefront, where it belongs. This is more than some free-market economists have been able to accomplish in tile past. James Gwartney and Richard Stroup, authors of "Economics: Private and Public Choice" (Dryden, 1997), don't believe in the Keynesian model of aggregate supply and aggregate demand, or AS-AD, but they were forced to include it by their publisher's review board, which consists of mainstream economists.

Mr. Mankiw calls his classical model "the real economy in the long run." His textbook, published by Harcourt Brace's Dryden Press, teaches that increases in government spending crowd out private capital, producing higher interest rates.

Higher thrift and greater savings produce lower interest rates and higher economic growth. Unemployment is caused not by greedy industrialists, but by minimum wage laws, collective bargaining, unemployment insurance and other regulations that raise the cost of labor.

Mr. Mankiw even approvingly quotes Milton Friedman: "inflation is always and everywhere a monetary phenomenon"--not the product of rising labor or supply costs, as many Keynesians believe. In


We can learn more about how our economy and financial markets operate and the superiority of the free market by reading the books by these economists including von Mises, Rothbard, Hayek and Mark Skousen. --Ron Holland

http://www.ronholland.com/bookstores/austrian-bkstore/austrian-index.htm

Mer om Keynes
http://www.internetional.se/monekeynes.html