Mark Skousen
Elon Musk Reads This Classic Free-Market Book During Banking Crisis
“From classic sci-fi works to complex studies on artificial intelligence, Musk credits books with helping him achieve his success. In fact, when asked how he learned to build rockets, he famously replied, ‘I read books.’” — Blinkist magazine I’ve been a big fan of Elon Musk and made a lot of money in his Tesla stock […]
“The Fed Disaster Plan” Creates a Financial Crisis
“Now we are facing another alarming trend, what I call ‘The Fed Disaster Plan,’ raising interest rates in a fast and furious fashion, causing a potential recession, a prolonged bear market on Wall Street and perhaps even a monetary crisis in 2023.” – January issue of Forecasts & Strategies. “There’s always more than one cockroach.” […]
Adam Smith’s Incredible Prophecy Comes True!
“Adam Smith was a radical and revolutionary in his time — just as those of us who preach laissez faire are in our time.” — Milton Friedman “The Wealth of Nations is the most important book ever written about capitalism and its moral ramifications. It was intended to make men better, not just better off.” […]
My Simple ‘High Total Return’ Formula for Financial Success
“A cow for her milk, A hen for her eggs, An orchard for its fruit, Bees for their honey, And stocks for their dividends.” — John B. Williams From time to time, I get letters from people who have come into a considerable sum of money from an inheritance, an insurance policy or having sold […]
This Little-Known Section of the Constitution Made America the World’s #1 SuperPower
“There is always one, more prosaic, test of a nation’s position: Are people trying to get into it; or to get out of it? I think we know the answer to that in America’s case; the United States offers more freedom and opportunity than any other in history.” — Prime Minister Tony Blair Most constitutional […]
When Will This Time Bomb Explode?
“If the national debt rises for 60 years at the rate it has risen during the previous 30, it will then exceed $1.5 quadrillion. (A quadrillion is a thousand trillions).” — George Will (2023) The debate over raising the national debt limit has also sparked a longtime issue: Is the national debt at $31.5 trillion getting out […]