Ep. 1036 What Are Other Economists Missing About the Economy?
Release Date: 11/10/2017
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.