Could the American Economy Collapse Like Venezuelas? (Mark Skousen)
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Shermer and Skousen discuss: whether economics is politicized \\u2022\\xa0Adam Smith and what he really said \\u2022\\xa0how the economy really works \\u2022\\xa0fiat money vs. gold standard money \\u2022\\xa0inflation and what to do about it \\u2022 experimental economics \\u2022 regulation on capitalism \\u2022 what the Fed does (or should do) \\u2022 Modern Monetary Theory \\u2022 bitcoin/cryptocurrency \\u2022 monopolies, duopolies, and market capture \\u2022 antitrust, trustbusting \\u2022 What\\u2019s wrong with free market capitalism? \\u2022 money, happiness, and meaningfulness.
Mark Skousen is a Presidential Fellow and the Doti-Spogli Endowed Chair of Free Enterprise at Chapman University. He has a BA, MA, and Ph.D. in economics (George Washington University, 1977). In 2018, Mr. Steve Forbes awarded him the Triple Crown in Economics for his work in theory, history, and education. He has taught economics, business and finance at Columbia Business School and Columbia University. He has worked for the government (CIA), non-profits (president of FEE, the Foundation for Economic Education), and been a consultant to IBM and other Fortune 500 companies. He is the author of over 25 books, including The Making of Modern Economics and The Maxims of Wall Street. He has been editor in chief of an award-winning investment newsletter, Forecasts & Strategies, since 1980. He has written for the Wall Street Journal and Forbes magazine. He produces \\u201cFreedomFest, the world\\u2019s largest gathering of free minds,\\u201d every July in Las Vegas and other cities. He and his wife have five children and eight grandchildren, and have lived in three countries and visited 77. Influenced by his work The Structure of Production(NYU Press, 1990), the federal government began publishing a broader, more accurate measure of the economy, Gross Output (GO), every quarter along with GDP. It is the first macro statistic of the economy to be published quarterly since GDP was invented in the 1940s. His books can be found at skousenbooks.com. His website is markskousen.com.
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