All Posts Tagged With: "classical economics"

E.G. West: Champion of the Market for Education

(Editor’s Note: Professor E. G. West, the distinguished economist and historian of education, died last October 6 at the age of 79. His most recent articles in this magazine, “The Spread of Education Before Compulsion: Britain and America in the Nineteenth Century” and “Classical Libertarian Compromises on State Education,” appeared in the July and October [...]

29Jun2010 | Charles K. Rowley | 0 comments | Continued

The Vanity of the Philosopher: From Equality to Hierarchy in Post-Classical Economics

By Sandra J. Peart and David M. Levy Reviewed by Gene Callahan

1Apr2007 | Gene Callahan | 1 comment | Continued

Rolling Back the Market: Economic Dogma and Political Choice by Peter Self

St. Martin’s Press · 2000 · 265 pages · $26.00 paperback Reviewed by Michael D. Mallinger Critiques of the market system are a dime a dozen. Authors of these critiques typically choose to gloss over most of the theory underlying classical economics and classical-liberal political philosophy. However, what sets Peter Self apart is his willingness [...]

1Dec2001 | Michael D. Mallinger | 0 comments | Continued

Pulling Down the Keynesian Cross

In his third and final volume on John Maynard Keynes, Robert Skidelsky comes to the shocking conclusion that the Keynesian revolution was temporary, that Keynes’s General Theory was really only a “special” case, and that “free market liberalism” has ultimately triumphed. This is all the more amazing given that Lord Skidelsky has spent the past 20 years of his professional career studying Keynes and resides in Keynes’s old estate, Tilton House. Few scholars would have the guts to repudiate the theory of the man they adore.

1Jun2001 | Mark Skousen | 0 comments | Continued

Best Textbooks for a Free-Market University

“I don’t care who writes a nation’s laws . . . if I can write its economics textbooks.” -Paul A. Samuelson When I majored in economics in the late 1960s and early 1970s, there were precious few textbooks with a strong free-market bent. My introductory course required Paul A. Samuelson’s Economics, a strictly Keynesian work [...]

1Dec1998 | Mark Skousen | 2 comments | Continued

Samuelson’s Last Hurrah

As readers of The Freeman know, this column has documented the dramatic changes in Samuelson’s thinking over the past few years.[1] Along with the rest of the economics mainstream, he has shifted gradually from standard Keynesian analysis to the Classical model of Adam Smith.

1Mar1998 | Mark Skousen | 1 comment | Continued

Best Textbooks for a Free-Market University

Mark Skousen is an economist at Rollins College, Department of Economics, Winter Park, Florida 32789, a Forbes columnist, and editor of Forecasts & Strategies. He is also the author of Economics on Trial (Irwin, 1993), a review of the top ten textbooks in economics. He is currently working on his own textbook, Economic Logic. “I [...]

1Dec1997 | Mark Skousen | 0 comments | Continued

Great Turnabouts in Economics

We can only admire the scholar who is willing to change when he is convinced by the facts or a new theory. It takes a strong dose of courage and honesty to go against one’s vested interest, especially after publishing books and articles on the subject.

1Nov1997 | Mark Skousen | 1 comment | Continued

Human Action

Human Action is the legacy of a genius, left to us and to be passed on from generation to generation. Most books, like their authors, are soon forgotten. Human Action lives, and its influence will live throughout the centuries. It is one of those books to which we return again and again—it never fails us, [...]

1Jul1996 | Hans F. Sennholz | 0 comments | Continued

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