Economic Logic Fourth Edition

Mark Skousen

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Language: English

Published by Regnery Publishing Inc, 2013

1621572226 / 9781621572220

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Eureka! Skousen has done the impossible. Students love it! I will never use another textbook again.?Harry Veryser, University of Detroit-Mercy They said it couldn?t be done. Austrian economics is so different, they said, that it couldn?t be integrated into standard neo-classical? textbooks. Consequently, college students learn nothing about the great Austrian economists (Mises, Hayek, Schumpeter). Professor Mark Skousen?s Economic Logic aims to change that. Based on his popular course taught at Columbia University, Skousen starts his micro? section with Carl Menger?s theory of the good? and the profit-and-loss income statement to explain the dynamics of the market process, entrepreneurship, and the advantages of saving. Then he uses a powerful Hayekian four-stage model of the economy to introduce macro,? including a new Austrian measure of spending at all stages of production (Gross Domestic Expenditures). Economic Logic also offers chapters on: The international gold standard, the defects of central banking, and the Mises/Hayek theory of the business cycle. A full critique of the Keynesian Aggregate Supply and Demand (AS-AD) model, and a revolutionary Austrian alternative. Entrepreneurship, the financial markets, environmental economics, monetary policy and inflation, federal spending and taxes, and government regulation. Leaders of all schools, including Austrian, Keynesians, Marxist, Chicago, and Public Choice.…

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Title
Economic Logic Fourth Edition
Author
Mark Skousen
Publisher
Regnery Publishing Inc
Publication year
2013
Condition
Very Good
Binding
Paperback
Language
English
ISBN 10
1621572226
ISBN 13
9781621572220
Edition
4th Edition

World of Books (was SecondSale)

Montgomery, IL, U.S.A.

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Founded in 2002, World of Books is a leading online destination for buying and selling both preloved and new books, committed to making sustainable reading accessible to all. With a mission to help people read more and waste less, World of Books offers a huge range of affordable, high-quality books — giving both new and preloved titles a second life. The company also operates World of Books – Sell Your Books, an easy-to-use platform that allows customers to trade in unwanted books for cash, helping to keep books in circulation while promoting sustainability. As a Certified B Corp, World of Books is driven by a vision to become the world’s largest and most sustainable dedicated online bookstore. The company measures its success through the positive environmental impact it creates, the value it provides to customers, and its ability to operate profitably while supporting its sustainable mission …

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