Tag Archives: Shawn Ritenour

Shawn Ritenour on the Tom Woods Show

Posted on February 26, 2014 by Dr. J

I’m happy to say that I got to listen to two of my favorite intellectuals (and friends) in my podcast feed yesterday. Shawn Ritenour, the author of Foundations of Economics, a book I have discussed extensively on this site, was the guest … Continue reading →

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“Procapitalist” and “Pseudocapitalist” Economic Thought

Posted on October 8, 2013 by Dr. J

George Reisman, Capitalism, Introduction: In my Reading Economics Project, I’ve completed the series of posts on Shawn Ritenour’s Principles of Economics and made fair progress on the Ludwig von Mises Institute’s Home Study Course. However, this is my very first … Continue reading →

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Fulfilling the Cultural Mandate

Posted on June 6, 2012 by Dr. J

The final chapter of Shawn Ritenour’s Foundations of Economics marks a return to the emphasis on theology found in the first chapter. Here the focus is on the cultural mandate of Genesis 1, where God creates Adam and Eve and … Continue reading →

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Socialism

Posted on June 5, 2012 by Dr. J

The penultimate chapter of Shawn Ritenour’s Foundations of Economics deals with socialism–what it is, why its supporters advocate it, and why it always fails. Socialism is defined as an economic system in which the State owns all the means of … Continue reading →

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Voluntary Exchange and Regulation

Posted on June 2, 2012 by Dr. J

We are nearing the end of our chapter-by-chapter discussion of Shawn Ritenour’s Foundations of Economics; it looks like we’ll wrap it up next Wednesday on schedule. Chapter 17, the topic of today’s post, deals with the impact of state regulation … Continue reading →

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Taxing and Spending

Posted on June 1, 2012 by Dr. J

In Chapter 16 of Foundations of Economics Shawn Ritenour gives a detailed discussion of the economic impact of taxation and government spending. Government participates in the monetary economy because it is the most efficient way for it to secure the … Continue reading →

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Price Controls

Posted on May 31, 2012 by Dr. J

Chapter 15 of Shawn Ritenour’s Foundations of Economics discusses a government intervention into the economy so obviously flawed that even most mainstream economists condemn it. Moreover, even a large number of government officials seem to understand that it doesn’t work. … Continue reading →

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Macroeconomic Policy

Posted on May 30, 2012 by Dr. J

In Chapter 14 of Foundations of Economics, Shawn Ritenour discusses macroeconomic policy, focusing on the monetarist and Keynesian schools. He first outlines their tenets and then explains why he considers each a flawed approach to the questions of inflation and … Continue reading →

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Inflation and Recession

Posted on May 29, 2012 by Dr. J

Chapter 13 of Shawn Ritenour’s Foundations of Economics marks a significant change in the author’s approach. Up to this point, the discussion of economic phenomena has been purely descriptive. Ritenour follows Ludwig von Mises in arguing that economics as a … Continue reading →

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Money and Its Purchasing Power

Posted on May 26, 2012 by Dr. J

In Chapter 12 of Foundations of Economics, Shawn Ritenour inally gives us a detailed discussion of “what makes the world go round.” For something that is universally used, it seems as though the understanding of money in our society is pretty … Continue reading →

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