Wall Street Journal

Crazy Economist Defies Gravity and Generates Infinite Returns!

March 17, 2011

The Skousen Hedge Fund Trader (www.markskousen.com) may now hold the world’s record for best return in one day:  9,100%!  When Warren Buffett announced Monday morning that Berkshire Hathaway bought out chemical company Lubrizol (LZ) for $135 a share, our March $120 call options went from 15 cents to $13.80 almost immediately. If you annualize it, the calculator can’t [...]

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Keynesianism Defeated

October 9, 1997

WALL STREET JOURNAL — THURSDAY, OCTOBER 9, 1997 By Mark Skousen In 1992, Harvard Prof. Greg Mankiw was paid an unprecedented advance of $1.1 million to produce the “next Salmuelson”–a successor to Paul Samuelson’s “Economics,” the most successful economics textbook ever written, with more than four million copies sold in 15 editions and 41 foreign [...]

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Keynesianism Defeated

October 9, 1997

WALL STREET JOURNAL — THURSDAY, OCTOBER 9, 1997 By Mark Skousen In 1992, Harvard Prof. Greg Mankiw was paid an unprecedented advance of $1.1 million to produce the “next Salmuelson”–a successor to Paul Samuelson’s “Economics,” the most successful economics textbook ever written, with more than four million copies sold in 15 editions and 41 foreign [...]

Read the full article →