Vienna and Chicago Friends or Foes?,Mark Skouson

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Vienna and Chicago Friends or Foes? (Book/ Paperback)

by Mark Skouson

Product Overview

In his book, Vienna and Chicago, Friends or Foes? economist and author Mark Skousen debates the Austrian and Chicago schools of free-market economics, two schools in constant, heated disagreement in their theories of money, business cycle, government policy, and methodology.

From the Inside Flap

Is the bridge between the Austrian and Chicago schools coming together or moving apart?

In his new book, Vienna and Chicago, Friends or Foes? economist and author Mark Skousen debates the Austrian and Chicago schools of free-market economics, which differ in monetary policy, business cycle, government policy, and methodology. Both have played a successful role in advancing classic free-market economics and countering the critics of capitalism during crucial times and the battle of ideas. But, which of the two is correct in its theories?

Vienna and Chicago, Friends or Foes? includes interviews with economists in both camps, uncovering their strengths and weaknesses. At the end of each chapter, Skousen declares who’s right and who’s wrong either with "Advantage, Vienna," or "Advantage, Chicago." The results are surprising, and Professor Skousen ends his provocative and timely work by attempting to foster common ground between these two warring schools.

From the Chicago school: "This tale is thorough, thoughtful, even-handed, and highly readable. All economists, of whatever school, will find it both instructive and entertaining." —Milton Friedman

From the Austrian school: "In his upbeat tale of two schools, Skousen gives us a delightful blend of theory, history, and political science, and shows that there is much common ground and scope for development." —Roger W. Garrison

About the Author(s)

Mark Skouson

Skousen was born in 1947 in San Diego, California, and grew up in Portland, Oregon. He earned his B.A. and Master's degree in economics from Brigham Young University and his Ph.D. in economics and monetary history from George Washington University in 1977. Political scientist and survivalist Joel Skousen and linguist Royal Skousen are his older brothers, and Cleon Skousen, the late conservative author, was his uncle. Skousen and his wife, Jo Ann, and their five children have lived in Washington, D.C.; Nassau, Bahamas; London, England; Orlando, Florida; and New York. Skousen was an economic analyst for the CIA from 1972 to 1975. He later worked as a consultant for IBM and Hutchinson Technology, among other Fortune 500 companies. He was a columnist for Forbes magazine from 1997 to 2001, and has contributed articles to such financial publications as The Wall Street Journal and The Journal of Economic Perspectives as well as to the libertarian periodicals Reason, Liberty and The Freeman. He has been a speaker at investment conferences around the world. He has also lectured for think tanks, as well as at colleges and universities. In 2002, Skousen was elected a member of the Mont Pelerin Society, an international group of social scientists and economists. He is a regular contributor on CNBC's Kudlow & Company, for Human Events and appears frequently on C-SPAN Book TV.

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Product Details

Category: Business & Economics

Format: Book (Paperback)

Publisher: Capital Press

Date Published: Jul 01, 2005

Language: English

ISBN: 9780895260291

SKU: LT-503

Dimensions: 5.50 x 8.50 x 0.75 (in)

Weight: 15.90 oz



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