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Mark Skousen

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“The light on Wall Street can at any time go from green to red without pausing at yellow.” — Warren Buffett (“The Maxims of Wall Street,” p. 113) Every October, a host of gold bugs and doomsayers predict another stock market crash. The latest is Robert Kiyosaki, the famed author of “Rich Dad, Poor Dad,” who warned of the […]

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“Government is the only agency that can take a valuable commodity like paper, slap some ink on it and make it totally worthless.” (“Maxims of Wall Street”, p. 152) Yesterday, the Social Security Administration announced that it will increase monthly Social Security checks by 5.9% in 2022, its largest jump in 40 years. Inflation is […]

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So, you think the “Green New Deal” is dead? Think again. Energy prices are soaring not only in the United States but in Europe and Asia as well. The price of crude oil has doubled in the past year and is approaching $80 a barrel. Gasoline prices are over $4 a gallon in some parts […]

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“Taxes are the price we pay for failing to build a civilized society. The higher the tax rates, the greater the failure.” — “Persuasion vs. Force” “Inflation: When nobody has enough money because everybody has too much.” — Harold Coffin (“Maxims of Wall Street,” p. 152) First, I have some good news. Today’s gross domestic […]

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When the market plunged on Monday, the situation reminded me of the classic book, “Don’t Sell Stocks on Monday,” by Yale Hirsch. Yale is now in his nineties. His son, Jeffrey Hirsch, who speaks regularly at the MoneyShow, says he is doing well and hopes to celebrate his 100th birthday. In his book, Yale points […]

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“The philosophers have only interpreted the world in various ways: the point, however, is to change it.” — Karl Marx on his tombstone (1883) My talk, “My Most Successful Technique to Change the Minds of Students about Socialism, Keynesianism and the $15 Minimum Wage,” was voted the #1 popular session at this year’s FreedomFest. I’ve given this lecture numerous […]

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