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Mark Skousen

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“There should be no billionaires. We are going to tax their extreme wealth and invest in working people.” — Senator Bernie Sanders Sen. Bernie Sanders is a genuine socialist. He hates wealthy people, even though he is worth an estimated $2.5 million and is one of the 1%. I had to laugh when he said […]

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Dr. Mark Skousen explains the billionaire’s paradox and then states what he has learned from the Forbes’s 400 Richest People in America.

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Until this week, popular TV host Judge Judy has “carefully stayed away from politics.” Now, she has come out in favor of former New York City Mayor Michael Bloomberg running against President Trump. She says that Bloomberg is “an independent, tough-minded businessman, he represents our best chance to bring America together again and begin the […]

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“Government is the only agency that can take a valuable commodity like paper, slap some ink on it, and make it totally worthless.” — Ludwig von Mises Last weekend, I was in Miami to give a talk on “Modern Monetary Theory,” and had dinner with Bill Beach, the director of the Bureau of Labor Statistics […]

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“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.” — Winston Churchill A few weeks ago I gave a lecture at Hillsdale College on “How to Get Rid of a Bad Idea (Democratic Socialism): With a Better Idea — Democratic Capitalism!” In this talk, I wrote on the blackboard Karl […]

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Charles Schwab and I have several things in common — we were born in California, we each have five children and we both made the latest “Forbes 400 Richest People in America” issue (to be released next week). He’s on page 129 as the #63 richest person in America, and I’m mentioned by name on […]

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"...It's worse than you think."
—Dr. Mark Skousen