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Mark Skousen

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“History is seasonal, and winter is coming.” — The Fourth Turning, 1997 “A forecast is never so useful as when it warns man of a crisis.” — Bertrand de Jouvenal (“Maxims of Wall Street,” p. 112) My newsletter, Forecasts & Strategies, specializes in making predictions about the markets and global trends. I’ve been writing my […]

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Non-renewal fossil fuels — oil, gas and coal — have proven to be much more efficient than solar, wind, water and other alternative energy sources. Investing in fossil fuels has made us rich. Meanwhile, the production of “green” energy has to be subsidized. Investing in solar and wind has been much more risky. Of course, […]

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“It is the essence of a successful investor that he should be eccentric, unconventional and rash in the eyes of the average opinion.” — John Maynard Keynes (Maxims of Wall Street, p. 44) “You can’t buy what’s popular and do well.” — Warren Buffett (p. 50) “The only people who never get criticized are those […]

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“By integrating the vital role of the supply chain into national income accounting, Mark Skousen’s development of gross output (GO) has created a more dynamic and broader view of the economy, and of the central role that business plays in national income, the business cycle and economic growth. I recommend that economists seriously consider his […]

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“Without one in your pocket you would have to lug around the equivalent of 50 separate items.” — The Daily Mail Whenever the subject of growing inequality comes up, I readily agree with the statement that the rich are doing better than the average income earner when it comes to wealth and income. But in […]

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“Adam Smith was a radical and revolutionary in his time — just as those of us who preach laissez faire in our time.” — Milton Friedman In honor of Adam Smith, the father of modern economics, and his 300th birthday (born in 1723), I have attended and spoken at several conferences in the United States […]