EPISODE 2558

Ep. 1036 What Are Other Economists Missing About the Economy?

Subscribe on your favorite platform:

Don’t pay another cent for a book until you’ve read Tom’s free eBooks on the most controversial issues of our time. Over a dozen await!

Want to write that book, but the obstacles seem insurmountable? I can help.

The history and economics
they kept from you.

A Simple
Online Business

In this 30-minute crash course I’ll walk you through the simplest online business model there is. But don’t knock it: that deceptively simple model can take you very far.

Join Tom Woods and his very special guests in his first public return to the sea in six years…for the Tom Woods Cruise!

Check out Tom’s 13 published books for suppressed history, economics, and more.

Mark Skousen, who just released the 5th edition of his economics textbook, joins me to discuss quite a few topics, with special emphasis on why the Austrian School sees the economy more clearly than do other schools of thought. He takes on the “circular flow” model, the problems with GDP, and why the standard approach leaves out some of the most important activity in the economy.

About the Guest

Mark Skousen is an economist, investment analyst, newsletter editor, college professor, and author.

Special Offer

Ebates, which gives cash rebates for purchases at hundreds of online retailers, is offering $50 for referring 2 people. Check it out.

Course Discussed

Economic Logic, 5th ed.

Guest’s Websites

MarkSkousen.com
MSkousen.com
FreedomFest.com

Selected Books by the Guest

A Viennese Waltz Down Wall Street: Austrian Economics for Investors
Investing in One Lesson
Maxims of Wall Street: A Compendium of Financial Adages, Ancient Proverbs, and Worldly Wisdom

Guest’s Twitter

@MarkSkousen1

Previous Appearances

Ep. 577 Where Should You Put Your Money? The Answer May Surprise You
Ep. 172 The Fallacies of GDP (Mark Skousen and Jeff Herbener)

eBook Mentioned

Sane Space: Libertarian Dispatches from Bizarro America, by Tom Woods

Free Resources!

1) Free guide on how to start your blog or website. Click here to get it. Plus, check out my step-by-step video taking you from no blog to a blog in about five minutes!

2) Free publicity for your blog. As a special thanks if you get your hosting through one of my affiliate links (this one for Bluehost, or this one for WP Engine), I’ll boost your blog. Click here for details.

3) Free History Course: The U.S. Presidents — Politically Incorrect Edition. Get access to this 22-lesson course: 22 videos, 22 mp3 files for listening on the go, and a bibliography of reliable books on the presidents. Get it at FreeHistoryCourse.com!.

4) $160 in Free Bonuses. Free signed copy of my New York Times bestseller The Politically Incorrect Guide to American History, plus a free 10-lesson bonus course on the foundations of liberty, plus a free year’s subscription to LibertyClassroom.com, when you subscribe to the Ron Paul Curriculum site through RonPaulHomeschool.com.

5) Free Books. Boost your intellectual ammunition with my free libertarian eBooks, including 14 Hard Questions for Libertarians — Answered, Bernie Sanders Is Wrong, and Education Without the State. Find them at TomsFreeBooks.com.

Audio by Chris Williams Audio.