Mark Skousen
The Biggest Game in Town: The Profits Keep on Coming
“To be successful in business and investing, you’ve got to have skin in the game, a stake in the company.” — Warren Buffett “Performance comes and goes. Fees never do.” — Warren Buffett Note: I have a special announcement below about my new position, the Doti-Spogli Endowed Chair of Free Enterprise. What is the most […]
Five Big Debates at FreedomFest: Which Was #1?
“I love FreedomFest — wonderfully interesting people and non-stop intellectual stimulation. The debates are the best!” — John Mackey, CEO, Whole Foods Market FreedomFest was a triumph this year, with over 2,600 registered attendees. At the same time, thousands of concerned citizens were watching the events live on FoxNation. FreedomFest is famous for its debates. […]
Big FreedomFest Debate: Who’s Really Responsible for Chronic Deficits?
“More recently, the emphasis has been on government expenditures as a balance wheel. Unfortunately, the balance wheel is unbalanced.” — Milton Friedman One of the big debates at this week’s FreedomFest is on supply-side economics and the Laffer curve. It pits Ben Stein against Art Laffer. In fact, the debate will take place today at […]
Are Friedman and Hayek Villains or Heroes?
“Yet the award [the 1974 Nobel Prize in Economics] documented the beginning of a great shift toward a renewal in the belief in the superiority of markets…the eventual victory of this viewpoint was really a tale of two cities — Vienna and Chicago.” — Daniel Yergin and Joseph Stanislaw, The Commanding Heights (1998) “Hayek, Friedman, […]
Update on Recession Fears: Surprise on the Upside!
“GDP is the X-ray of the economy, GO is the CAT-Scan.” — Steve Forbes In the face of a bear market on Wall Street and rising interest rates, I have some good news. Yesterday, the federal government (specifically the Bureau of Economic Research) released first-quarter 2022 Gross Output (GO) — which measures total U.S. economic […]
The Real Cause of Income Inequality Will Surprise You
“Inflation is never neutral.” — Ludwig von Mises “Inflation is like trying to catch a tiger by its tail.” — Friedrich Hayek Adam Smith, the founder of free-market economics, always taught that laissez faire capitalism would actually reduce inequality by dramatically improving the lives of the common man. He promised that his system of natural […]