
Wiley - Wiley
Release date: 2008-03-21
Hardcover
Author: Mark Skousen
Capitalism, Economics (General), Business & Economics, Business / Economics / Finance, Business/Economics, Business & Economics / Economics / General, Economics - General, Economics - Theory, Economics, Economists, Philosophy




Mark Skousen has emerged as one of the clearest writers on all matters economic today, the next Milton Friedman, and his latest contribution to the literature is a brilliant primer on the power of economics to change the world through free minds, free trade, and market capitalism. Each chapter is short and to the point, providing readers with the essence of what they need to know to wrap their minds around a particular problem. I found most useful his chapter on what components go into a society that leads to prosperity. Surprisingly, and to Skousen's credit, it is not simply removing government altogether and allowing capitalists to do whatever they like, but instead markets must operate within a society based on the rule of law. Trust between strangers is always tentative, so measures must be in place to insure secure and safe trade transactions, The rest of Econopower is equally honest in its appraisal of the data, and Skousen is no ideologue. Read this book to arm yourself with the essential facts.