Milton Friedman

The Spirit of ‘47: The Challenge of Our Times in Two Charts

“We have indeed at the moment little cause for pride: as a profession we have made a mess...

Is a Financial Hurricane Coming?

“Inflation is probably the most important single factor in that vicious circle where one kind of government action...

Is the Recession Over? Is the Bear Market Over? This New Statistic Tells All

“GDP is the X-ray of the economy; GO is the CAT scan.” -- Steve Forbes Yesterday, the Wall Street Journal published...

Are Friedman and Hayek Villains or Heroes?

“Yet the award documented the beginning of a great shift toward a renewal in the belief in the...

Bear Market Alert! You Can Profit from a Monetary Crisis

“The Federal Reserve has been the greatest source of instability.” -- Milton Friedman “Every recession in the United...

A Better Alternative to ‘Left’ and ‘Right’ Politics

“There is no left or right, only up or down.” -- Ronald Reagan (1964)  In today’s world of...

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...

Did the Fed Stop Reporting the Money Supply (M2)? Why Inflation is Coming Back

“Inflation is not a problem for this time as near as I can figure. Right now, M2 does...

The Day Milton Friedman Gave Investors Bad Advice!

“The economy and the stock market are two different things.” --Milton Friedman (“Maxims of Wall Street,” p. 157)...