All Posts Tagged With: "economists"
Bastiat’s Birthday
Frederic Bastiat was born 199 years ago this month. If anyone can be described as the guiding spirit of the Foundation for Economic Education, it would be Bastiat. Thanks to the Foundation, his works, The Law, Economic Sophisms, Economic Harmonies, and Selected Essays on Political Economy, have been kept in print. They remain some of [...]
1Jun2000 | Sheldon Richman | 0 comments | ContinuedThe Force of Economics
Ninos Malek teaches economics at Valley Christian High School in San Jose, California, and is an economics lecturer at San dose State University and DeAnza College. A long time ago, in a galaxy far, far away . . . there were economists who tried to explain economics in clear terms. Unfortunately, there are only a [...]
1Dec1999 | Ninos P. Malek | 0 comments | ContinuedDismal Scientists Score Another Win
For years, economists have complained that conventional accounting distorts the true economics of the firm by not including a charge for common equity in its earnings reports and balance sheets. Generally accepted accounting principles treat equity as if it were free.
1Jul1999 | Mark Skousen | 0 comments | ContinuedHayek Turns 100
Economics captivated me from the moment that I first saw on a chalkboard a supply-and-demand graph. That was in January of 1977. I was then an 18-year-old college freshman at Nicholls State University in Thibodaux, Louisiana. I immediately took to pestering my economics professors for suggestions on what to read in economics. One of my [...]
1May1999 | Donald J. Boudreaux | 2 comments | ContinuedScientists Beware
Bruce Benson is DeVoe Moore Distinguished Research Professor at Florida State University in Tallahassee. Many political commentators lament the growing apathy among the voting-age population, but I do not believe apathy keeps many potential voters away from the polls. Many of us care a lot about what politicians are doing; we just don’t trust any [...]
1Apr1999 | Bruce L. Benson | 1 comment | ContinuedGreat Turnabouts in Economics, Part II
“I used to love hedgehogs but those were ‘my salad days when I was green in judgement’. Now I prefer foxes—Smith over Ricardo, Mill over Senior, Marshall over Walras.” —Mark Blaug[1] Last November, I reported on three economists who courageously reversed their published views. Now, I’d like to add a fourth: Mark Blaug. He is [...]
1Jun1998 | Mark Skousen | 0 comments | ContinuedYale Brozen
Good economists do two things. First, they challenge people’s intuitions. (Such as: social order requires design; more people mean fewer resources; high market share indicates a lack of competition.) Then they make people say, “Oh, that’s simple; I should have thought of that.” By that standard, Yale Brozen, a former member of the University of [...]
1Jun1998 | Sheldon Richman | 0 comments | ContinuedFree Marketers Miss Opportunity at AEA Meetings
Dr. Skousen is an economist at Rollins College, Department of Economics, Winter Park, Florida 32789, and editor of Forecasts & Strategies, one of the largest investment newsletters in the country. The third edition of his book Economics of a Pure Gold Standard has recently been published by FEE. People saved more and we had a [...]
1Apr1998 | Mark Skousen | 0 comments | ContinuedThe Vatican and the Free Market
Dr. Goodman is president of the National Center for Policy Analysis, a research institute founded in 1983 and internationally known for its studies on public policy issues. The NCPA is headquartered in Dallas, Texas. An unusual event took place in Rome earlier this year. A group of pro-free enterprise intellectuals assembled at the Vatican to [...]
1Oct1996 | John C. Goodman | 0 comments | ContinuedWealth and Poverty
Throughout much of the twentieth century, economists seemed destined to make themselves irrelevant. Emphasis on aggregate demand management and input-output economic models came to dominate the discipline, truly making it a dismal science. Though many outstanding economists fought nobly against this trend, by the 1970s the Keynesian victory of macroeconomics over microeconomics seemed almost complete. [...]
1May1996 | Raymond J. Keating | 2 comments | ContinuedFree Market Economists: 400 Years Ago
Llewellyn H. Rockwell, Jr., is president of the Ludwig von Mises Institute in Auburn, Alabama. Students of free enterprise usually trace the origins of pro-market thinking to Scottish professor Adam Smith (1723-90). This tendency to see Smith as the fountainhead of economics is reinforced among Americans because his famed book An Inquiry into the Nature [...]
1Sep1995 | Llewellyn H. Rockwell Jr | 1 comment | ContinuedClassics in Austrian Economics, 3 volumes
When Carl Menger published his seminal book on economic theory in 1871 he established a tradition of economic scholarship that is still attempting to come to terms with his revolutionary insights into human action and the exchange process. As Mises reports in Notes and Recollections, it was upon reading Menger’s Principles that he became an [...]
1Feb1995 | Peter J. Boettke | 0 comments | ContinuedEconomics on Trial
European Unemployment: The Age of Ignorance, Part II “This persistence of high unemployment in the European Community is a major puzzle.” —Charles R. Bean, “European Unemployment: A Survey,“ Journal of Economic Literature, June 1994 “Is This the Age of Ignorance—Or Enlightenment?”, my most controversial column, was published in the June 1994 issue of The [...]
1Jan1995 | Mark Skousen | 0 comments | Continued-
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Individualism, Trade-Unions, and “Self-Governing Combinations”
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Bubbles, Malinvestment, and Higher Education
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