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Summary: Common Sense Can Prevail
Review: College economics is mostly in a sorry state--a bunch of ivory-tower eggheads with little or no experience in the real world, teaching theories taught them, which are disconnected from reality in the first place. And along comes Skousen with some common sense. This book makes sense of the silliness taught in universities. Professors should stop borrowing irrelevant mathematics and concepts from physics, which they do to make the inherently 'soft' science of economics into a 'hard' science. If you were disgusted and disappointed at what was taught you in college, this book will be a welcome antidote.
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Summary: Essential for understanding economics
Review: Economics in school is BORING. But, because the ideas in "Economics on Trial" include morality and question the average text, this book makes economics interesting and understandable. A must read for anyone interested in politics and ethics -- especially clergy.
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Summary: Essential for understanding economics
Review: Economics in school is BORING. But, because the ideas in "Economics on Trial" include morality and question the average text, this book makes economics interesting and understandable. A must read for anyone interested in politics and ethics -- especially clergy.
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Summary: A must read for any serious student of economics.
Review: I wish that this book had been available while I was taking Economics Priniples courses. Mark Skousen's cogent analysis will help both friend and foe of statist government to hone their arguments, a thus allow for a more productive debate among academics.
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Summary: Common Sense Can Prevail
Review: This book does something truly revolutionary. All arguments originate from common-sense understanding of how people and businesses actually use their resources--including, and especially--their time. Time is a crucial element in understanding basic economics. The proper consideration of time is critical in laying the ridiculous notions of Keynesian theory to rest.I sympathize especially with the author's introductory remarks in which he describes how he manages to get a Ph.D. in economics without much confidence that he had learned anything useful about the subject. It is essential that we introduce real-world, practical considerations into the educational curricula in this country. The tyranny of the Ivory Tower must end! Mark Skousen offers an important step in the right direction.
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Summary: The only Economics book you should read
Review: This is probably the most accurate text on economics that has ever been penned. What Mark Skousen does in this book is absolutely astounding, at least for an economist. He seems to be out in the real world, seeing just what effects the newest policy has on businesses and people. He first of all destroys the myth that the GNP is an accurate number and shows what should be done to reflect a more accurate measurement of the economy. He also brings back the Gold Standard and idea that will have to be put into place especially now that we have the Euro Dollar.
I highly suggest this book to anyone who has an interest in basic economics. This book should be required reading for all high school students, because if they read this text and understand it America will grow to be a very strong financial secure nation.
Good Job Mr. Skousen
One suggestion: A good book that could complement this one is to read "The Seven Fat Years: and how to do it again" BY: Robert L. Bartley
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