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Mark Skousen

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One of the biggest problems with Keynesian economics — named after the 20th century British economist John Maynard Keynes — is its focus only on the short term.

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“Buy when blood is running in the streets.” — Baron Rothschild Oil, along with gold and other commodities, is going through a selling panic due to the strong dollar (most commodities are quoted in dollars) and a slowdown in China and most of the global economies. The pending nuclear deal with Iran means millions more […]

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This year’s FreedomFest attracted a large number of financial gurus who use the Austrian economics of Ludwig von Mises and Friedrich Hayek to make investment decisions.

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Today, the U.S. government’s Bureau of Economic Analysis (BEA) released its latest Gross Output (GO) statistic, a broader measure of U.S. economic activity that I have been advocating for years, and it confirms little or no economic growth in the economy in 2015.

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It was billed as the Dream Debate of the Century, and it did not disappoint. More than 2,000 people poured into the Celebrity Ballroom at Planet Hollywood, Las Vegas, for the explosive debate between Paul Krugman and Steve Moore.

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Now that Greece officially has defaulted on its 1.6 billion euro ($1.1 billion) debt payment to the International Monetary Fund (IMF) and Greek voters voted “no” to the budget cuts the creditors had demanded in return for additional rescue loans, will Greece be the first country to exit the euro zone?