Mark Skousen
Mark Skousen
Mark Andrew Skousenis an American economist, investment analyst, newsletter editor, college professor and author...
NationalityAmerican
ProfessionEconomist
CountryUnited States of America
assumed business contract good handshake honest word younger
In my lifetime, as a younger man, you were assumed to be an honest person. Your word was your bond, and a handshake was as good as a contract in business.
artificial boom cannot creates genuine higher latter permanent results roads society standard
Society can take two roads - the road to genuine prosperity, or the road to artificial stimulus. The first results in a permanent higher standard of living for all; the latter creates an inflationary boom that cannot last.
behave business create enhance ethically leaders nearly products provide services society
Our society does not give nearly enough credit to business leaders who create jobs, behave ethically and provide products and services that enhance our lives.
afford buying crisis duped failed federal government homes millions mortgage reserve
Millions of Americans were duped by the federal government and the Federal Reserve into buying homes they could not afford and failed to count the cost. When the financial crisis of 2008 hit, they could not keep up the monthly mortgage payments and defaulted.
capitalism great industrial market panic recover revolution survived wars
Market capitalism survived and prospered after the boom-bust industrial revolution of the 19th century, and the Great Depression and world wars of the 20th century. It will recover from the financial panic of 2008-09 and Obamanomics.
adam again bigger excessive full higher joys kept life policies regulation society taxes time vision voted west
Life is full of joys and sorrows, much of it our own making. Sadly, the West has voted time and time again for bigger government, more inflation, higher taxes and excessive regulation - all policies that have kept us from Adam Smith's vision of an opulent society.
achieve cause commerce consequences creation economy good harm havoc interfere jobs markets normal occur rather run
Lawmakers who interfere with commerce and the normal creation of jobs in an economy run the risk of doing harm rather than good. Unintended consequences from regulating or legislating to achieve a goal can occur and cause havoc in the markets or an economy.
attending fan great refreshing since socialize
Since the 1970s, I've been a big fan of attending conferences as a great way to learn, network, socialize and enjoy a new environment. It's always refreshing to get out and see a whole new world.