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Mark Skousen

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The gold-medal winning, U.S. women’s 4 x 100-meter relay team members celebrate with an American flag, after winning in world record time at the London Olympics. I always consider the Olympics an enjoyable diversion from the spectacle of professional sports (football, baseball, basketball, tennis, golf, etc.) and an opportunity to witness the amazing feats of […]

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Be careful not to assume the jump in stock prices in recent days is  fueled by any renewed confidence about the economy or corporate profits. The genesis of the late-summer uptick in stock prices largely is due to central banks that are adopting easy-money policies to keep interest rates low and to promote economic growth. […]

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“It is incredible the quantity of good that may be done in a country by a single man who will make a business out of it…” — Ben Franklin (1783) I joined more than 300 people in the ballroom of the Drake Hotel in Chicago to celebrate Milton Friedman’s 100th birthday on Tuesday evening, July […]

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I believe the 21st century will belong to China because most centuries have belonged to China.” — Niall Ferguson After this year’s highly successful FreedomFest, my wife and I flew to China for several speaking engagements and an opportunity to access the second-biggest economy in the world (unless you count the European Union (EU) as […]

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“One rarely comes across other venues in life that remotely match FreedomFest’s intellectually elevated atmosphere of free association for free minds.” — Gene Jewett, attendee More than 2,000 investors and concerned citizens gathered for FreedomFest last week at Bally’s Events Center in Las Vegas to hear from over 150 speakers, including Sen. Rand Paul, Judge […]

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Since 1990, when the United States had more than 12,000 commercial banks, the number of financial institutions in the country has nearly halved to hit 6,263. Unfortunately, a good portion of the consolidation has been driven by the unintended consequences of heavy-handed government regulation. You do not need to take my word for it, since […]