Mark Skousen

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.

Posted December 07, 2014

Gross Output (GO), 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).

Posted December 06, 2014

Based on the evidence, including a video of the arrest by several policemen, the grand jury decision is an outrage. An indictment is not a guilty verdict, just a decision to go to trial.

Posted November 29, 2014

While jogging, I saw a line of graffiti on the wall in Rosario, suggesting neither democracy nor dictatorship. But what? I would suggest a republic representative limited government.

Posted November 23, 2014

A popular myth, perpetuated by Lou Dobbs, is that the best period of economic growth was during the 1950s when the top rate was more than 90%.

Posted November 22, 2014

Surprise, surprise! Last week the terrorist group ISIS announced that it was issuing its own currency.

Posted November 15, 2014

Last week on Veterans Day, I had breakfast at the magnificent old Union League of Philadelphia with Jeremy Siegel, the University of Pennsylvanias renowned professor of finance, who is known as the Wizard of Wharton.

Posted November 07, 2014

Now that the Republicans have taken over Capitol Hill, can they make any difference?

Posted November 01, 2014

I had a great time at the 40th anniversary of the New Orleans Investment Conference, which is largely a gold bug convention that features representatives from dozens of small mining companies.

Posted October 24, 2014

I met up with Krugman. He assured me that he tries not to let his political biases affect his economic analysis.

Posted October 18, 2014

This year, Forbes has a fascinating chart of inherited vs. self-made wealth. The chart shows that during a 30-year period, 1984-2014, more self-made billionaires are beating out the inherited billionaires.

Posted October 12, 2014

I have my issues with the airlines, but the days are long gone when you could arrive 45 minutes before an international flight.

Posted October 11, 2014

Why didnt anyone address the primary reason Hayek got the Nobel Prize, that is, Austrian macroeconomics and the Mises-Hayek theory of the business cycle?

Posted October 03, 2014

When the monthly data comes out on retail spending or consumer confidence, the media goes crazy talking about how consumer spending drives the economy, because it represents 70% of the gross domestic product (GDP).

Posted September 27, 2014

I have just confirmed the Dream Debate of the Century at my big show FreedomFest. On July 9, 2015, in the Celebrity Ballroom in Planet Hollywood, Las Vegas, Paul Krugman has agreed to debate the Heritage Foundations chief economist Steve Moore.

Posted September 19, 2014

Whats the key to success? Simple. Use the three fundamental principles of Benjamin Franklin: industry, thrift and prudence.

Posted September 13, 2014

I spent the last week in Hong Kong at the Mont Pelerin Society meetings. While there, I visited the Bruce Lee exhibit that was held at the Hong Kong Heritage Museum.

Posted September 06, 2014

The greatest threat today is the welfare state, Meltzer said. Lowering taxes does not appeal to the average voter because they dont pay income taxes anymore.

Posted August 30, 2014

The Austrian school of economics was one of the few to warn of impending disaster coming from the real-estate bubble. But I have my doubts about Austrian school policy recommendations during a financial crisis.