Mark Skousen
A Milestone: GO to the New York Times!
“By integrating the vital role of the supply chain into national income accounting, Mark Skousen’s development of gross output (GO) has created a more dynamic and broader view of the economy, and of the central role that business plays in national income, the business cycle and economic growth. I recommend that economists seriously consider his […]
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Inequality? This Product is the Great Equalizer
“Without one in your pocket you would have to lug around the equivalent of 50 separate items.” — The Daily Mail Whenever the subject of growing inequality comes up, I readily agree with the statement that the rich are doing better than the average income earner when it comes to wealth and income. But in […]
Adam Smith Reveals His Invisible Hand!
“Adam Smith was a radical and revolutionary in his time — just as those of us who preach laissez faire in our time.” — Milton Friedman In honor of Adam Smith, the father of modern economics, and his 300th birthday (born in 1723), I have attended and spoken at several conferences in the United States […]
The Magnificent Seven at FreedomFest
“The entire FreedomFest is an unbelievable achievement. What you and your family have accomplished with this annual conference is phenomenal. I don’t see how you all put together so many speakers and so many sessions and make it work so well.” — Bumper Hornberger This year’s FreedomFest in Memphis, Tennessee, was another triumph, with over […]
Two Shocking Surprises from the ‘Twin Towers of Finance’
As part of a pre-conference event for FreedomFest, Alex Green (the chief investment strategist at the Oxford Club) and I interviewed Jeremy Siegel, the Wizard of Wharton, and Burt Malkiel, the Profound Professor of Princeton, on their “50 Years on Wall Street” and the lessons they learned. It was quite an eye-opener. The interview is […]
The ‘Austrian’ Crystal Ball: Is the 2024 Recession Inevitable?
“For the last six recessions, a recession on average began six to 36 months after the yield curve inverted.” — Anu Gaggar, Commonwealth Financial Network Note: I have a special announcement at the end of this Skousen CAFÉ. In the face of rising interest rates and a tight money policy, the economy and the stock market have […]