Austrian Economics

The Marxists and the Austrians Have One Thing in Common

“Capitalism is dying.” -- Marxist economist Michael Harrington, “The Twilight of Capitalism” (1977) “The bottom line is that the Reagan...

Which School of Economics Will ‘Save’ America?

“Getting rich is easy if you follow three rules: spend less, save more and invest the rest.” -- Kevin...

Why I Tore Up Paul Samuelson’s Famous Textbook

Special Announcement about the Economy and the Stock Market: Before getting into today’s Skousen CAFÉ, the federal government released...

Who’s Winning the Battle of Ideas, Milton Friedman or Paul Samuelson?

“As all history informs us, there has been in every state and kingdom a constant warfare between the...

The #1 Question I am Asked on Thanksgiving Day

“A bull market is one that can shake off even bad news.” -- Don Gimpel (“Maxims of Wall Street,” p....

The New Bull Market in Gold – What is It Predicting?

“The impact of the rate of inflation on the price of gold is like tracking the footprints of...

What is the Greatest Threat to Your Investment Today? No, It’s Not the Government!

“Nobody is more bearish than a sold-out bull.” -- Old Wall Street saying “I hate to be wrong....

Navient

My Most Successful Technique to Convert Students from Socialism to Free-Market Capitalism

“The philosophers have only interpreted the world in various ways: the point, however, is to change it.” -- Karl...

What Every Investor Needs to Know About Afghanistan and China

“Those who are most loudly criticizing Biden’s troop withdrawal are those most responsible for creating this mess, to...

Get Ready For Stagflation

“This is the least responsible macroeconomic policy we’ve had in the last 40 years. The primary risk to...