Mark Skousen

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.

Posted August 29, 2014

Financial literacy is important, but sadly, only a handful of states require students to take personal finance or an investment course.

Posted August 25, 2014

Wall Street knows that any big financial institution probably will be bailed out in the future, and such thinking will affect private sector decision making about risky investments.

Posted August 23, 2014

Most Austrian economists argue that the best response to the 2008 financial crisis was to do nothing. By refusing to bail out the banks, investment firms and insurance companies, the government would be sending a clear message that Wall Street and the private markets must avoid irresponsible decisions in the future.

Posted August 17, 2014

The libertarian movement will truly arrive whenT he New York Times does a serious article on the #1 libertarian think tank (Cato Institute), the #1 libertarian TV show (Stossel on Fox) and the #1 libertarian conference (FreedomFest).

Posted August 11, 2014

Sadly, the U.S. government is making enemies out of our friends.

Posted August 02, 2014

Stocks sold off sharply Thursday. Finally, the much anticipated correction is happening, but I don’t see any fundamental reason for the decline. It’s purely a technical correction.

Posted July 26, 2014

Certainly, under Obama, the stock market has done well. In fact, when Democrats have been in the Oval Office, Wall Street tends to do better.

Posted July 22, 2014

I saw a sign from the so-called Transportation Security Administration (TSA) that read “Eight Most Common Reasons for Security Delays.” It warned against putting liquids in carry-ons, failing to take off shoes, etc. They forgot to list the #1 reason for delays: the TSA itself.

Posted July 04, 2014

It’s a sad commentary when a major consumer corporation buys into his hippie-style philosophy and encourages people to live off of others and to adopt the welfare, no-workfare mentality.

Posted June 30, 2014

Thomas Piketty should take note! Inequality is shrinking, not growing, when it comes to useful goods and services.

Posted June 29, 2014

There is a natural tendency for private enterprise to increase services and for government agencies to reduce them.

Posted June 21, 2014

“Hundreds of thousands of illegal immigrants who came to the United States as children will be allowed to remain in the country without fear of deportation.” -- President Barack Obama (June 16, 2012)

Posted June 14, 2014

The European Central Bank, under Italian banker Mario Draghi, cut its bank deposit rate below zero in an effort to “avert the dangerous threat of deflation” and to spur the “sluggish” euro-zone economy.

Posted June 09, 2014

Rosen has a volunteer “anti-poverty” program that really works at Tangelo Park in Central Florida, where high-school graduation levels have soared and crime has fallen sharply amid his “good-works” activities.

Posted June 01, 2014

I took an extensive tour last April through Asia, visiting Thailand, Singapore, Vietnam, Hong Kong, Taiwan and Japan. I noticed that while their economies were booming, their stock markets have been lackluster since the Great Recession of 2008.