free markets

The Rise of the Commercial Society: The Business Leader as Hero

April 22, 2013

By Mark Skousen Editor, Forecasts & Strategies Keynote Address at Annual International Assembly for Collegiate Business Education (IACBE), April 18, 2013, Orlando, Florida “It is business that creates wealth, not countries or governments.  It is businesses that decide how well or poorly off we are.”   —Shlomo Maital, MIT managerial professor Tomorrow my wife Jo Ann [...]

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Second Review of John Mackey’s Revolutionary “Conscious Capitalism”

April 18, 2013

Whole Foods’ Better Business Conscious Capitalism: Liberating the Heroic Spirit of Business, John Mackey and Raj Sisodia, Harvard Business Review Press, 368 pages By Mark Skousen • April 10, 2013 Ever since the robber barons stalked the earth and Balzac expostulated that “behind every great fortune is a crime,” the media has attacked Wall Street, [...]

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My First Book Review for Barrons – “Conscious Capitalism”

February 3, 2013

Here is my first book review on Barrons — on John Mackey’s new book, “Conscious Capitalism,” which I regard as revolutionary and encourage everyone to get a copy at either a Whole Foods store (always fun to visit) or on Amazon: BARRONS | SATURDAY, FEBRUARY 2, 2013 The Soul of the New Capitalism A worthy [...]

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Hillsdale College Lecture: Will the Real Adam Smith Please Stand Up?

February 15, 2012

Was Adam Smith, the founder of modern economics, a libertarian, conservative, or radical democrat? Traditionally, free-market economists such as Milton Friedman, Ludwig von Mises, and Friedrich Hayek, have defended Smith as a great free-market economist, while Emma Rothschild, Gordon Brown, and yes, even Murray Rothbard, have demurred, suggesting that Smith was an interventionist who should [...]

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Free-Market Economists on the Defensive at AEA Meeting in Chicago

January 11, 2012

“The big cannon should be fiscal policy [more deficit spending].” — Peter Diamond, Nobel Prize Economist and New Fed Member Every year I attend (and sometimes speak) at the American Economic Association (AEA) meetings, where the top economists meet and present papers on current issues. In the past, I’ve confronted Fed chairman Ben Bernanke, government [...]

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Dr Mark Skousen’s Five Questions for President Obama

November 28, 2010

Dr. Mark Skousen’s Five Questions for President Obama and How Free-Market Thinking Can Build a Better Future The Daily Bell is pleased to publish an exclusive interview with the distinguished free-market scholar and economist Dr. Mark Skousen Introduction: Dr. Skousen taught economics at Columbia University’s Graduate School of Business in 2004. In 2001- 02, he [...]

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A Tax by Any Other Name

July 31, 2000

Personal Snapshots FORECASTS & STRATEGIES July 2000 A Tax by Any Other Name by Mark Skousen “Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?” – Ludwig von Mises A tax by any other name…. Whether you call it an estate tax, an inheritance tax or a death tax, it’s all [...]

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The Gap Between Rich and Poor Is…Narrowing!

April 30, 2000

Personal Snapshots FORECASTS & STRATEGIES April 2000 by Mark Skousen “The poor remain poor and the command of income by those in the top income brackets is increasing egregiously.” — John Kenneth Galbraith “The poor have not gotten poorer. The average family below the poverty line today is doing as well or better than middle-class [...]

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Yes, The Rich Are Different — They’re Better

March 5, 2000

Personal Snapshots Forecasts & Strategies March 2000 by Mark Skousen “The rich are different from you and me.” — F. Scott Fitzgerald “Yes, they have more money.” — Ernest Hemingway In 1996 when I jogged with President Clinton (see My Jog with Bill Clinton), I complained about his constant attacks on the wealthy. During the [...]

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Greed is Good — NOT!

February 5, 2000

Personal Snapshots Forecasts & Strategies February 2000 by Mark Skousen “Unbridled avarice is not in the least the equivalent of capitalism, still less its ‘spirit.’” — Max Weber Recently I heard free-market economist Walter Williams speak at a local college about capitalism. He quoted approvingly from Gordon Gekko, the fictional character of the film Wall [...]

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