About Mark Skousen

Mark SkousenMark Skousen (Ph. D., economics, George Washington University) was recently named one of the top 20 living economists in the world (www.superscholar.org).  In 2014, he was appointed a Presidential Fellow at Chapman University in California.

He has the unique distinction of having worked for the government (CIA), non-profits (president of FEE), and several for-profit companies.  In 2004-05, he taught economics and finance at Columbia Business School and Columbia University.  He has also taught economics, finance and business at Barnard, Mercy and Rollins colleges, and Chapman University.

Since 1980, Skousen has been editor in chief of Forecasts & Strategies, a popular award-winning investment newsletter (www.markskousen.com).  He was analyst for the CIA, a columnist to Forbes magazine, chairman of Investment U, and past president of the Foundation for Economic Education (FEE) in New York.  He is the editor of his own website, www.mskousen.com, and is the producer of FreedomFest, “the world’s largest gathering of free minds,” which meets every July in Las Vegas (www.freedomfest.com).

He has written for the Wall Street Journal, Forbes, and the Christian Science Monitor, and has made regular appearances on CNBC’s Kudlow & Co., Fox News, and C-SPAN Book TV.

His economics works include The Structure of Production (NYU Press), The Big Three in Economics (ME Sharpe), Economic Logic (Capital Press), and EconoPower (Wiley & Sons).  His investment books include Investing in One Lesson (Capital Press), and The Maxims of Wall Street (Eagle Publishing).  In 2006, he compiled and edited The Compleated Autobiography by Benjamin Franklin (Regnery).  His latest book is A Viennese Waltz Down Wall Street:  Austrian Economics for Investors (LFB Publishers).

In honor of his work in economics, finance and management, Grantham University renamed its business school, “The Mark Skousen School of Business.”

Based on his work The Structure of Production (NYU Press, 1990), the federal government has begun publishing a broader, more accurate measure of the economy, Gross Ouput (GO), every quarter along with GDP.  Skousen wrote the lead editorial on GO in the April 23, 2014 issue of the Wall Street Journal.  Read it here:  http://online.wsj.com/news/articles/SB10001424052702303532704579483870616640230

Known as the “maverick” of economics for his contrarian and optimistic views, his sometimes-outrageous statements and predictions, Mark Skousen is known and respected for his unique sense of market and investment trends in the financial world. With a Ph.D. in economics and a focus on the principles of free-market capitalism and “Austrian” economics, Mark Skousen has often gone contrary to the crowd in his investment choices and economic predictions — and has often been proved right.

His more unusual predictions include:

  • Forecasting in the early 1980s that “Reaganomics will work!”
  • Sending a special alert to subscribers of Forecasts & Strategies to “Sell all stocks and mutual funds” on Sept. 8, 1987, just six weeks before the 1987 Stock Market Crash
  • Calling for the fall of the Berlin Wall in 1989 and the collapse of Soviet Communism
  • Predicting of the biggest bull market on Wall Street in the 20th century — the 1990s
  • In his April, 2003, issue, Skousen gave a strong “buy signal” on the stock market, very close to the bottom of the market. At this time, he also introduced the Anti-Terrorist Portfolio, which has been remarkably profitable so far
  • In the height of the 2009 economic woes, he predicted the Dow would hit 10,000 by the end of 2009, and was right!

Mark Skousen has built a reputation for not only accurately identifying the right economic and political trends, but also the right investments for the times.

An almost idealistic proponent of liberty and political freedom, Mark Skousen is actively involved in some of the most prestigious free-market and liberty think tanks in the world. He frequently speaks and writes articles for organizations such as the Cato Institute, the Foundation for Economic Education, the Libertarian Party, the Council for National Policy and the Mt. Pelerin Society. He is also the producer of FreedomFest, an annual conference held in Las Vegas (the country’s most libertarian city!) and billed as the world’s largest gathering of free minds on liberty. You can visit www.freedomfest.com for more information.

He is a member of American Economics Association (AEA) and the Mont Pelerin Society, and appears frequently at investment, financial and economic conferences around the world as a speaker.

Learn more about Mark Skousen on Wikipedia or follow him on Twitter, LinkedIn and Facebook.

Other websites:

www.markskousen.com
www.freedomfest.com
www.freemarkethalloffame.com

Email at mskousen@mskousen.com.

Mail:
Mark Skousen
c/o Eagle Publishing Inc.
One Massachusetts Ave. NW
Washington, DC 20001
1-800-211-7661

{ 20 comments… read them below or add one }

Javier Quiñones June 8, 2010 at 3:36 pm

Hi, this webpage has a link to Amazon for the 3rd Edition of Economic Logic but Amazon only has the 2nd available and a search at Amazon for the 3rd yields no results. Please advise.
Thx for what you do.

cher Mac June 27, 2010 at 5:20 pm

I think I want to attend your conference but have a question. When you state “purely egalitarian” by that do you mean: You support socialism, communism, anarchism, left-libertarianism, and progressivism, all of which propound economic, political, and legal egalitarianism, respectively.
I did not realize Reagan, Hayek or Mises had this view. I also do not see how this is a “freedomfest” if your view of freedom is that I should sacrifice my life for another? Please direct me to a source that I might understand what I have misunderstood.
Kind Regards,
C

Leslie Damiano July 16, 2010 at 4:42 pm

My husband and I attended this year’s Freedomfest and absolutely loved it! We plan to attend next year.

We were not able to purchase a DVD of Mr. Forbes speech of “How Capitalism Will Save Us”. Can you give us any information on how to obtain a copy?

Keep fighting for freedom!!!

Kind Regards,
Leslie Damiano

Michael MacConnell October 6, 2010 at 9:05 am

Mr. Skousen,
In reading your book Econopower, you have immediately captured my interest and renewed a flare or spark if you will for the subject of Economics.

A most enjoyable read packed with solid information.

Thank you for your service.

Sincerely,
Michael

Mark Skousen June 8, 2011 at 4:08 pm

Please contact the folks at customer service at http://www.markskousen.com, which services my Forecasts & Strategies newsletter. Best of luck to you! AEIOU, MSkousen

Mark Skousen October 25, 2011 at 4:00 pm

Please contact the folks at http://www.markskousen.com — they will be able to help you with this.
Cheers,
MSkousen.com

Chris November 4, 2011 at 5:58 pm

Hi Mark,

I was just watching you on NBR on PBS. You mentioned that unemployment is high, in part, because of minimum wage laws. You realize minimum wage is around $7.50 an hour, right? What you would like to see it be?

Chris

Adam November 6, 2011 at 12:01 pm

Mr. Skousen, I bought your book ‘Essentials of Investing’ when I was waiting for my train and I think it is the best book explaining about the stock market I ever read. I am interested in investing since I was a kid and 2 years ago (at the age of 22) my dad introduced me to stock market and I became obsessed with it, after I managed to triple my investment in just a week (due to luck and speculation of course). But for the next 1 year, I suffer massive losses even when it was bull. I bought a lot of books but none seems to give a clear answer, ‘why people buy this stock at x price and why this stock moves up while the other goes down?’, until I found your book. From your book, I realized it is about ‘expectation’ and it does makes sense. By using this concept plus some of my research and analysis, I managed to gain a respectable profit, even during recent bear. And just like what you said, I do doubt the value of technical analysis because humans are not robots and stocks are traded at margin.

Thanks for your book. Looking forward for more books like this which gives strong logical answers, not mindless drawing lines and triangles on the chart.

Mark Skousen November 10, 2011 at 6:19 pm

Thank you! It sounds like you are talking about my book, “Investing in One Lesson.” This has been an important lesson when it comes to investing in the stock market. I’m glad it helped you understand how to succeed in investing. Of course, there are always ups and downs, and all of us can tell you that we’ve lost money from time to time. But understanding what drives the market (expectations as you say) is very important! Good luck! Cheers, AEIOU, MSkouse

Mark Skousen November 10, 2011 at 6:21 pm

HI Chris,

Yes, I’m aware of the minimum wage level. My recommendation would be to have no minimum wage law at all. The market should set the “price” of labor. This would greatly lower unemployment rates and stimulate academic activity. Of course, this should also be bolstered with a much reduced taxation rate.

Cheers, AEIOU,
MSkousen

TG November 17, 2011 at 12:28 pm

VERY GOOD REPORT ON HYPER INFLATION

Emilio November 26, 2011 at 1:43 pm

Dear Mr. Skousen,

How can I get a copy of your book: Vienna & Chicago, Friends or Foes? Thank you,

Emilio

Mark Skousen December 6, 2011 at 3:18 pm

We have copies for $20 each plus $5 S&H. To order, he can send me a check for $25 to Skousen Pub Co., PO Box 229, Irvington NY 10533, or he can call Eagle Publishing at 1-800-211-7661, code VIENNA. Good luck! AEIOU, Mskousen.com

Brad February 26, 2012 at 3:44 pm

Dear Mr. Skousen, I was wondering why you have not had Mike Stathis speak at FreedomFest. No one I know of predicted the current economic collapse to the extent and accuracy as did Stathis in his book America’s Financial Apocalypse and his public commentaries.

Is FreedomFest simply a marketing event for people to push their business, or is it a meeting of the best investment and economic thinkers as gauaged by their track record? If it is the later then Stathis should be the first person you should invite.

Respectfully,

Brad

Mike Burke March 28, 2012 at 11:12 am

I don’t like the format of this website. The old one had a list of all the articles by title. I can’t even find the “Economics on one page” or the graph that showed economics in one graph, and they don’t show up by search.

Please bring back a list of all your articles.

Mark Skousen April 5, 2012 at 12:00 pm

Thank you for bringing this to our attention. When we changed over to this new system (which allows us to update new information and articles very quickly and easily), we also brought over all the old articles, and created a list on the page “Articles.” However, it looks like something has happened to truncate that list and hide the old articles. We will start working to bring those articles back. It may take us a little while, but we’re on the case!
Thank you again!
Best,
MSkousen.com

Robin June 17, 2012 at 9:07 pm

Hi Dr. Skousen – Because of a bonus of about $20000, I really want to take advantage of your Lost Strategy options trading – I am just another one of “those people” who lost big in ’99-00, ’01, and of course ’08, and I am ready to try anything. However, from the way your promotional letter reads, it sounds like ANYONE could double, triple, quadruple their investment within one, two years. Do you have an example of when a recommendation lost everything and didn’t make the gains you advertised in the LstSrtgy email? Thanks very much for your time.

SuperSpivvingdon NankyNoodle July 17, 2012 at 4:53 am

Pillar of Capitalism Falls: Hope Springs Eternal! Read all about it: http://wp.me/p2zDWj-4

Kofi Kumi-Addo November 14, 2012 at 5:38 am

Dear Mark,
Please I have just finished reading your book The Making of Modern Economics. It is a great book and it gave me a lot of insights.
But from What has happean between 2007 and now will you say that free for all capitalism has failed. Do you think that free capitalism has done more harm that done for the past 10 years?
What book will you recommenend where your book left off. A book at give depend insights like yours did and anotherone take of from where
The Commanding Heights:The Battle for the World Economy by Daniel Yergin and Joseph Stanislaw Page lef off.

Thanks
Kofi

Glenn Thomas November 26, 2012 at 6:28 pm

Love your website Mark.Very very interesting and educational.Where do I join?

Cheers Glenn.

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