Mark Skousen
The Almost Perfect People
A few years ago, I read a book called “The Almost Nearly Perfect People.” It extoled the virtues of the Scandinavian people, often told in a tongue-in-cheek manner. Yet, in many ways, there’s a lot of truth about these people who live in a relatively cold climate most of the year and have persevered. My […]
GO Ahead: Make My Day!
“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 new […]
Elon Musk Reads This Classic Free-Market Book During Banking Crisis
“From classic sci-fi works to complex studies on artificial intelligence, Musk credits books with helping him achieve his success. In fact, when asked how he learned to build rockets, he famously replied, ‘I read books.’” — Blinkist magazine I’ve been a big fan of Elon Musk and made a lot of money in his Tesla stock […]
“The Fed Disaster Plan” Creates a Financial Crisis
“Now we are facing another alarming trend, what I call ‘The Fed Disaster Plan,’ raising interest rates in a fast and furious fashion, causing a potential recession, a prolonged bear market on Wall Street and perhaps even a monetary crisis in 2023.” – January issue of Forecasts & Strategies. “There’s always more than one cockroach.” […]
Adam Smith’s Incredible Prophecy Comes True!
“Adam Smith was a radical and revolutionary in his time — just as those of us who preach laissez faire are in our time.” — Milton Friedman “The Wealth of Nations is the most important book ever written about capitalism and its moral ramifications. It was intended to make men better, not just better off.” […]
My Simple ‘High Total Return’ Formula for Financial Success
“A cow for her milk, A hen for her eggs, An orchard for its fruit, Bees for their honey, And stocks for their dividends.” — John B. Williams From time to time, I get letters from people who have come into a considerable sum of money from an inheritance, an insurance policy or having sold […]