Economics

Historic Economic Ideas Relevant to Today

My name is Mark Biernat. This site is about Economics as it affects your life. I am also a fourth-year Ph.D. student in Economics (my thesis is on the Natural Rate of Interest and Money Macro Equilibrium).

Here are my latest posts:

On this I stress Classic Economic ideas. Ideas from the past’s great minds have often been neglected or misunderstood.

A common fallacy is that ‘people ‘back then did not know as much as people today. I would argue in today’s time, we have been distracted by the constant flow of information. We had lost the insights from a time when reflection on the ideas of Political Economy was both subtle and powerful.

  • Great Knowledge is often forgotten. I want to make sure that does not happen.

Specifically, I provide the words and books of:

  • Adam Smith
  • Karl Marx
  • Knut Wicksell
  • Ludwig Von Mises
  • John Maynard Keynes
  • F. A. Hayek
  • Great minds like these economists come around only once every 100 years or so.

I have a collection of free economics books on this site for you to download. These are classics from the history of economics.

I also have personal commentary on Politics and Economics that you will find interesting. These are not academic articles that have been peer-reviewed, more for fun, but no less relevant.