Mark Skousen

Posted March 28, 2015

What amazed me about the latest Billionaire issue of Forbes magazine was not the stories about the billionaires, but about Forbes itself.

Posted March 27, 2015

Some economists worry that if the Fed raises rates too soon or the Republican-run Congress cuts government spending too much, we will have a 1937-style recession.

Posted March 22, 2015

On Wednesday, March 18, Barack Obama was speaking at a town-hall event in Cleveland, Ohio, when he openly endorsed mandatory voting laws.

Posted March 21, 2015

The Economist recently suggested that Americas out-of-control spending on healthcare 17% of gross domestic product (GDP), higher than any other nation is about to slow down.

Posted March 14, 2015

Thomas Stanley dispelled the notion that the rich are bad people, that they flaunt their wealth, engage in white-collar crime, divorce then marry trophy wives and dont pay their fair share in taxes. In fact, most millionaires are model citizens.

Posted February 28, 2015

Of course, this so-called paradox of thrift is nonsense and might only apply during periods of Great Depression when savings were stashed away as cash under a mattress or stayed idle in a bank account.

Posted February 21, 2015

its a misnomer to call it the Internal Revenue Service. Its not internal the IRS arm reaches out beyond our borders. Revenue is just a nice word for taxation, or even theft. And certainly the IRS is no service to anyone except bureaucrats and what Ayn Rand called looters

Posted February 20, 2015

One of the consequences of Keynesian economics is the gradual decline in capital investment, especially in infrastructure, in the United States.

Posted February 13, 2015

If I asked customers what they wanted, they would have said, a faster horse. Henry Ford

Posted February 06, 2015

I see that New York Mayor Bill de Blasio just gave his State of the City address. But like his predecessor, Michael Bloomberg, de Blasio has decided to do nothing about the worst problem facing every New Yorker its crumbling infrastructure.

Posted January 31, 2015

Andrew Carnegie was right: Capitalism is about turning luxuries into necessities, and the poor benefit even more than the rich.

Posted January 30, 2015

We constantly hear about the need for tax reform but never really get it. The U.S. Tax Code gets more complex every year, whether its a Republican or Democrat in office.

Posted January 24, 2015

Good news! Not everything in the Obama administration is bad.

Posted January 17, 2015

Every American, whether they are young or just young at heart, should be able to learn the skills necessary to compete and win in the 21st century economy. President Barack Obama, January 9, 2015

Posted January 10, 2015

This is by far the worst kind of tax for several reasons. First, it is a tax on capital, the engine of economic growth. Transferring money from the productive private sector to the unproductive public sector is a recipe for disaster.

Posted January 03, 2015

Whats his prediction? You wont believe it: The United States is going to have a robust 2015, he says.

Posted December 27, 2014

Rick Santelli, CNBCs 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.

Posted December 22, 2014

Historically, one of the ironies is that more Republicans voted for the Civil Rights Act of 1964 than Democrats.

Posted December 14, 2014

Two bestselling books have been published recently on George Herbert Walker Bush, the 41st president of the United States, both arguing that Bush Sr. was a wise man of character, a war veteran, a former congressman, CIA director, vice president and president who served his country well. But...

Posted December 13, 2014

With the collapse in oil prices (down 40% in the past two months) and energy service stocks, Wall Street has sold off again. Although its too early to tell when the next correction hits the stock market, it could happen at any time in 2015.