Mark Skousen, Ph. D., is the editor of the monthly investment newsletter, Forecasts & Strategies, as well as three weekly trading services, Skousen High-Income Alert, Hedge Fund Trader and Fast Money Alert. He also is a professional economist, investment expert, university professor, and author of more than 25 books. He earned his Ph. D. in monetary economics at George Washington University in 1977. He currently holds the Benjamin Franklin Chair of Management at Grantham University. He has taught economics and finance at Columbia Business School, Columbia University, Barnard College, Mercy College, Rollins College and Chapman University. He also has been a consultant to IBM, Hutchinson Technology and other Fortune 500 companies.
Free market capitalism requires substantial progressive income and estate taxation. Lanny Ebenstein, Chicagonomics: The Evolution of Chicago Free Market Economics, p. 202.
When Pope Francis visited the United States last week, he elevated Father Serra to sainthood at the Mass at the Basilica of the National Shrine of the Immaculate Conception in Washington.
Good economists need to look not only at the value of final output, known as gross domestic product (GDP). They also should look at how the final output was achieved by measuring the stages of production, or the supply chain.
Yogi Berra died on Tuesday at the age of 90. I grew up watching Berra and the other great Yankees in the 1950s, and I became a fan even before moving to New York.
In 1999, I met Newt Gingrich, the most influential Speaker of the House in the 20th century, for the first time.
The August 29, 2015, issue of The Economist lambasted the West, and the United States in particular, for failing to address a ticking time bomb rebuilding its roads, bridges, airports and other infrastructure when interest rates are low.
With Pope Francis visit to the United States next week for the first time I suggest you read the column by Pat Buchanan on the Popes social philosophy, which appears to be quite anti-capitalist. Lets hope the Pope gets a more positive view of capitalism after visiting the center of capitalism New York next week.
Stay with the winners Invest simply Be your own financial advisor. Donald Trump, How to Get Rich
A Chinese stock market crash could set off a chain reaction around the world. (August issue, Forecasts & Strategies, p. 4).
This Labor Day weekend, millions of Americans will be driving the interstate freeways, facing a nightmare of traffic congestion. According to the Texas Transportation Institute, U.S. commuters will spend about 42 hours a year stuck in traffic jams.
Over the years, Ive met quite a few friends and relatives who need regular income but are afraid of the stock market, especially when it plunges from time to time (like it did on Monday, Aug. 24). They prefer to invest in income-producing real estate.
Consumer spending represents about two-thirds of the U.S. economy. Mitch Zacks, Zacks Financial Services (August)
America is becoming a third world country when it comes to its roads, bridges, and airports. Jimmy Rogers
Hillary Clinton looks to be going down in the polls as she pursues her presidential bid, and the sooner the better.
Buy when blood is running in the streets. Baron Rothschild
This years FreedomFest attracted a large number of financial gurus who use the Austrian economics of Ludwig von Mises and Friedrich Hayek to make investment decisions.
The U.S. governments Bureau of Economic Analysis (BEA) released its latest Gross Output (GO) statistic, a broader measure of U.S. economic activity that I have been advocating for years, and it confirms little or no economic growth in the economy in 2015.
I am not a defender of socialism or big government! Paul Krugman
Now that Greece officially has defaulted on its 1.6 billion euro ($1.1 billion) debt payment to the International Monetary Fund (IMF) and Greek voters voted no to the budget cuts the creditors had demanded in return for additional rescue loans, will Greece be the first country to exit the euro zone?
I finally agree with Ben Bernanke, the former Fed chairman, on something. He and I agree that its a big mistake to replace Alexander Hamilton, the father of the nations financial system, on the $10 bill with an unnamed woman.