Mark Skousen
Mark Skousen
Mark Andrew Skousenis an American economist, investment analyst, newsletter editor, college professor and author...
NationalityAmerican
ProfessionEconomist
CountryUnited States of America
thinking investing firsts
The worst thing that can happen to an investor is to make money on his first trade; he thinks investing is easy
creating growth economic
The profit motive promotes economic growth by creating better products at cheaper prices.
war expression ideas
Most of Marx's predictions have failed to materialize, and his labor theory of value and other ideas have been proven wrong. Marx failed to recognize the incentive system built into the capitalist model - consumer choice and the profit motive of the entrepreneur. The irony is that capitalism, not socialism or Marxism, that has liberated the worker from the chains of poverty, monopoly, war, and oppression, and has better achieved Marx's vision of a millennium of hope, peace, abundance, leisure, and aesthetic expression for the 'full' human being.
america government political
Here in America, government began as a tool to assure freedom. It gradually turned into a hideously expensive political toy designed to redistribute your wealth and control most aspects of your business and private life.
party grandchildren government
You can give your Social Security check to any organization, public or private, or to individuals. You can donate it to your favorite political party. You can give the funds to a student scholarship - for your grandchildren, for example - or to somebody who has a medical need. Or you can invest your government check in free enterprise.
friday strong black
For those of us in the financial world, Black Friday has a strong negative connotation, referring to a stock market catastrophe.
technology simple banking
Banking technology has made it simple and efficient to invest in good causes.
thinking two church
If you are wealthy enough, use part or all of your Social Security proceeds to invest in a favorite cause or two. Invest 10 percent or 100 percent of your monthly Social Security check in your favorite charity, foundation, think tank, church or synagogue, or other good cause.
wall needs investing
I've felt for some time that economics needs to be taught differently by economists who actually have had experience making a payroll or investing on Wall Street. When economics is taught by pure academics, watch out.
real gold paper
Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges.
new-york airports cities
I find it ironic how New York City Mayor Mike Bloomberg is so focused on such small issues as drink sizes, while ignoring the massive infrastructure challenges in New York - lousy roads, third-world airports, traffic jams, etc.
home should-have gold
Bitcoin is not an actual physical coin, and if computers are shut down, you can't buy or sell them. That's why nothing will ever replace gold and silver coins themselves, and all investors should have them at home or in a safe deposit box.
new-york cities people
I only have disdain for New York City Mayor Michael Bloomberg. He raised taxes and has increased regulations. What else is new? He's a bully who wants to micro-manage people's lives by mandate, not persuasion.
girl sex vacation
Fraud is common when you give away billions. Fraud related to Hurricane Katrina spending is estimated to top $2 billion. In addition, debit cards provided to hurricane victims were used to pay for Caribbean vacations, NFL tickets, Dom Perignon champagne, 'Girls Gone Wild' videos, and at least one sex change operation.