All Posts Tagged With: "free-market economics"

Human Action: The 60th Anniversary

We are celebrating the 60th anniversary of a great book, Human Action: A Treatise on Economics, by a learned man and a clear thinker: the Austrian economist Ludwig von Mises. It presents Mises’s understanding–after long years of study and thought–of how the market economy functions. It is a major contribution to human knowledge. Interventionist ideas [...]

19Aug2009 | Bettina Bien Greaves | 2 comments | Continued

A Triple Whammy for Austrian Economics

They say that when economic times are good businesses can get away with sloppy practices. In the intellectual world, however, it seems that sloppy thinking prevails in desperate times and important distinctions get thrown out the window. A good example of this appeared recently in a March 4 New York Times article titled “Ivory Tower [...]

19Aug2009 | Sandy Ikeda | 9 comments | Continued

Where Are the Best Schools in Austrian Economics?

Here in the United States most colleges and universities have a goodly number of “neoclassical” economists with a free-market bent. (There are a number of “free market” colleges and universities in Latin America, Europe, and Asia, a topic I shall pursue in a future column.) The American schools include the University of Virginia; the University of California, Los Angeles (UCLA); Florida State University; and the University of Chicago.

1Jul2001 | Mark Skousen | 35 comments | Continued

Heilbroner’s One-Armed Philosophers

I am not surprised that The Worldly Philosophers has gone through multiple editions since 1953. Heilbroner has written a colorful and entertaining masterpiece. And no one has come up with a better title about the lives and ideas of the great economic thinkers.

1Dec1999 | Mark Skousen | 1 comment | 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

Vienna and Chicago: A Tale of Two Schools

Since its inception, the Foundation for Economic Education has been associated with two free-market schools, the Austrian school of Ludwig von Mises and, to a lesser extent, the Chicago school of Milton Friedman. Mises, after leaving Vienna for New York City, was closely involved with Leonard Read, FEE’s founder. He spoke frequently at FEE’s headquarters in Irvington-on-Hudson, and wrote regularly for The Freeman.

1Feb1998 | Mark Skousen | 2 comments | 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

Austrians vs. The Chicago School, Part III

At every Mont Pelerin Society meeting, a debate develops between the two schools of free-market economics: the Austrians (followers of Ludwig von Mises) and the Chicago school (followers of Milton Friedman). I’ve discussed their similarities and differences in various columns (see, for example, the February, March, and April 1995 issues of The Freeman).

1Dec1996 | Mark Skousen | 1 comment | Continued

The Constitution of Liberty

Friedrich Hayek’s Constitution of Liberty surely merits front rank in any list of outstanding books on liberty, free market economics, history, and political philosophy. What is especially remarkable about the work is that it makes important contributions in each of these areas. Personally, I have always been taken by the broad-minded view that Professor Hayek [...]

1May1996 | Murray Weidenbaum | 1 comment | Continued
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