Advertisement.

Mark Skousen

Another First on CNBC, Thanks to Rick Santelli

Rick Santelli, CNBC’s commentator on interest rates, is the father of the “tea party” after his rant in 2009 against the government bailouts. Now he is a new supporter of my Gross Output statistic. A few weeks ago, he said on the air that consumer spending drives the economy because “consumption is two-thirds of the economy.” […]

Janet Santa is Coming to Town: A Christmas Gift for You

In the face of another crisis on Wall Street, Fed Chair Janet Yellen eased investors’ fears in a news conference, saying that the U.S. economic recovery still needs support from Fed stimulus.

A 2015 Market Correction Could Be Coming

After five years of double-digit percentage profits on Wall Street, a correction is due, and I would not be surprised to see it happen in 2015. What could trigger it?

Gross Output and Gross Domestic Product Show State of Economy

Gross Output, a broader measure of U.S. economic activity published by the Bureau of Economic Analysis, advanced to nearly $30.9 trillion in the second quarter of 2014, a 4.8% jump in real terms (annualized).

How Argentina Could Improve Its Monetary Policy

“Ni Democracia ni Dictadura” — Graffiti on wall in Rosario, Argentina I spent a week in Rosario, Argentina, attending and speaking at an Austrian economics conference (www.austrianeconomicsconference.org). About 100 scholars, students and professors gathered at the conference, organized by Frederico Fernandez at the Catholic University. Speakers included Benjamin Powell of Texas Tech University (who spoke about […]

Why Gold and Silver Dollar Coins Maintain Value

The U.S. Mint announced that it had temporarily run out of 2014 American eagle silver dollars. At $16 an ounce, investors were buying them at record numbers (40 million were sold last year).