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Dissent on Keynes: A Critical Appraisal of Keynesian Economics
Publication
Author: Mark Skousen
Online Publish Date:
Contrary to occasional pronouncements that “Keynes is dead,” government interventionism continues to be a growing threat throughout the world economy. Keynesianism and its many facets represent the most sophisticated defense of the Welfare State ever imagined. It will not die easily. In the long run Keynes may be dead, but in the short run he
The Panic of 1819
Mises Daily
Author: Mark Skousen
Online Publish Date:
Category: Business Cycles, History of the Austrian School of Economics, Money and Banking, Free Markets
[ Libertarian Review , August 1975.] Though short-shrifted in most history books, the Panic of 1819 was an unforgettable nightmare for early Americans. Banks throughout the country were unable to make good on customers’ claims for specie and were forced to close their doors. Creditors foreclosed on deeply indebted farmers, city dwellers, and
Understanding the Austrian Theory of the Business Cycle
Free Market
Author: Mark Skousen
Online Publish Date:
Category: Business Cycles, Booms and Busts
The Free Market 4, no. 6 (June 1986)   One of the highlights of my professional career occurred recently when I had the opportunity to talk with Professor F. A. Hayek at his vacation home in the Austrian Alps. It was an unforgettable experience. Since the death of Ludwig von Mises in 1973, Professor Hayek has been the acknowledged dean of the