“Mark Skousen is America’s leading economic author because he roots his luminous books in the real world. He is the Hayek of our era.” – George Gilder
Based on his popular classes at Chapman University and Columbia Business School, Professor Mark Skousen has just released the 5th edition of Economic Logic, the only “no compromise” college-level course in free-market economics.
It is uniquely based on his 40 years of experience as a CEO of several successful businesses, economic analyst for the CIA, president of a non-profit (FEE), and teacher at major colleges and universities. (He has a Ph. D. in monetary economics from George Washington U.) He is the founder of FreedomFest, “the world’s largest gathering of free minds.” Dr. Skousen was recently ranked as one of the world’s top 20 most influential economists today.
Economic Logic is divided into 28 lessons or chapters, and is used as a primary textbook in over a dozen major colleges and universities. It is designed to give you the analytical tools and market solutions to the most pressing problems facing business, government leaders, and individuals today:
- Real market solutions to the Great Recession and European debt crisis (including the hidden benefits of “austerity” programs).
- How John Mackey’s revolutionary “stakeholder” brand of “conscious capitalism” is destined to transform global business.
- Proof that the Federal Reserve is the engine of inflation, not the defender of sound money. (And why gold will never disappear as a monetary asset.)
- Why the Chinese model of state capitalism is destined to fail.
- How the Austrian school of Mises and Hayek trumps the Keynesians, Chicago monetarists, and Marxists. (Each chapter highlights an influential economist).
- How the welfare state violates the fundamental principles of sound economics, and how other countries have resolved the unfunded liability problem.
- Why saving, technology, entrepreneurship, and business investment drive the economy — not consumer spending or government stimulus.
- It introduces a major breakthrough in macroeconomics: a “top line” in national income accounting called gross output (GO), and why GDP distorts and leaves out critical information about production, consumption and investment.
- A full critique of Keynesian economics and the dangers of easy-money policies.
- Updates on the economics of global warming, Obamacare, and other threats to prosperity.
For more information, go to www.mskousen.com
What Others Are Saying
“Students love it. I will never go back to another textbook.” – Prof. Harry Veryser (University of Detroit-Mercy)
From Amazon reviews: “Ground breaking….Gave me a profound new understanding of real-world economics and personal finance….Easy to read without any need for math…My college economics courses, filled with perplexing theories like the paradox of thrift, GDP and Keynesian fiscal policy, were completely refuted in this excellent free-market textbook.”
This new 5th ed. of Economic Logic is completely revised and updated, a 714-page workbook published by Capital Press/Regnery. It retails for $79.95, but you pay only $39.95, plus $5 S&H (for all orders outside the US, add an additional $15). For all credit call orders, call Ensign Publishing, toll-free 1-866-254-2057, or go to www.miracleofamerica.com.
Dear Mark
Congratulations on the new version of Economic Logic. I have an earlier version 3 edition and considering whether to buy a new one. I have therefore checked versions 4 and 5 (On Amazon website), where the description of the special revised points seems very similar. To what extent is it changed in 5 edition and what are the main points.
Regards søren