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Investment expert Mark Skousen shares what the Austrian Indicator is telling him about the economy.

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The Austrian Indicator: What Is It Predicting Now?

Investment expert Mark Skousen shares what the Austrian Indicator is telling him about the economy.

I presented two papers on Austrian economics at the annual Association of Private Enterprise Education (APEE) last week.

One was called ‚??Squaring the Mises Circle:¬†How to Integrate Austrian Economics in the Classroom and Mainstream Textbooks.‚?̬†The other was entitled, ‚??Measuring Hayek‚??s Triangle:¬†Gross Output as the Top Line in National Income Accounting and a Leading Indicator.‚?Ě

In both presentations, I talked about gross output (GO) as an important breakthrough in accurately measuring the economy. It demonstrates that business is the key catalyst in determining the direction of the economy and our standard of living.

Click here to read the rest of the article, “The Austrian Indicator: What Is It Predicting Now?

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Mark Skousen is a college professor, prolific author and world-renowned speaker. He‚??s made his unique sense of market and investment trends known and respected in the financial world. With a Ph.D. in economics and a focus on the principles of free-market capitalism and ‚??Austrian‚?Ě economics, Mark Skousen has often gone contrary to the crowd in his investment choices and economic predictions ‚?? and has often been proved right.

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archive

The Austrian Indicator: What Is It Predicting Now?

I presented two papers on Austrian economics at the annual Association of Private Enterprise Education (APEE) last week.

One was called ‚ÄúSquaring the Mises Circle:¬†How to Integrate Austrian Economics in the Classroom and Mainstream Textbooks.‚Ä̬†The other was entitled, ‚ÄúMeasuring Hayek‚Äôs Triangle:¬†Gross Output as the Top Line in National Income Accounting and a Leading Indicator.‚ÄĚ

In both presentations, I talked about gross output (GO) as an important breakthrough in accurately measuring the economy. It demonstrates that business is the key catalyst in determining the direction of the economy and our standard of living.

Click here to read the rest of the article, “The Austrian Indicator: What Is It Predicting Now?

Newsletter Signup.

Sign up to the Human Events newsletter

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FOREIGN AFFAIRS

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U.S. POLITICS

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