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Mark Skousen

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“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.” — Winston Churchill A few weeks ago I gave a lecture at Hillsdale College on “How to Get Rid of a Bad Idea (Democratic Socialism): With a Better Idea — Democratic Capitalism!” In this talk, I wrote on the blackboard Karl […]

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Charles Schwab and I have several things in common — we were born in California, we each have five children and we both made the latest “Forbes 400 Richest People in America” issue (to be released next week). He’s on page 129 as the #63 richest person in America, and I’m mentioned by name on […]

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“I have always believed in giving investors choices, and with those choices the freedom and power to make their own decisions.” — Charles Schwab, “Invested: Changing Forever the Way Americans Invest” My wife Jo Ann and I had the pleasure this week of sitting down with one of the great innovators on Wall Street — Charles Schwab, […]

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“How dare you!” — Greta Thunberg before the United Nations (to thunderous applause) The global warming alarmists are everywhere. Al Gore is back with his scare-mongering. Anti-capitalist Naomi Klein has another new book out, “On Fire: The (Burning) Case for a New Green Deal” and Jeremy Rifkin has written “The New Green Deal: Why the […]

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“How many insecurities traded today on Wall Street?” — Franz Pick “Everything will end badly.” — Bill Henry “October is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February.” — Mark Twain The stock market has fallen sharply this […]

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House Speaker Nancy Pelosi finally has given into the desperate Democrats who hate all things involving President Trump and called for impeachment hearings. Is history repeating itself? I remember the Republicans impeaching President Bill Clinton for his sexual escapades in the White House. However, the move backfired and Clinton survived. In fact, the 1990s under […]