Mark Mark Skousen

editor@markskousen.com

Related Freeman Articles

Article

Why Is the "Invisible Hand" in the Middle of Smith’s Works?

Coincidence or subtle statement?

MARCH 09, 2011 by MARK SKOUSEN

To think that Adam Smith, the renowned absent-minded professor, hid a little "invisible" secret in his tomes is indeed the ultimate irony.

Article

Consumer Spending Doesn’t Drive the Economy

Investment does.

MAY 17, 2010 by MARK SKOUSEN

The truth is that consumer spending does not account for 70 percent of economic activity and is not the mainstay of the U. S. economy.

Related Publications

CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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