Capitalism

Will we survive Obamanomics?

March 5, 2009

From the Gilroy Dispatch Officially, President Obama’s $3.6 trillion budget is titled “A New Era of Responsibility.” That’s false on two counts. It’s an era – not of responsibility, but of big-government taxation, spending, and regulation. And it’s not new. History is full of attempts to inflate the state to grow the economy. Virtually all [...]

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Proof Is in the Dow

March 2, 2009

From Human Events “The Obama budget is nothing less than an attempt to end the ideas of Ronald Reagan.” — New York Times Adam Smith, the father of free-market economics, once stated, “There is much ruin in a nation.”  President Obama is out to prove it in his Newspeak program he calls “A New Era [...]

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Obamanomics Is Making Matters Worse

February 24, 2009

From Human Events Unfortunately, the [Keynesian] balance week is unbalanced. ~ Milton Friedman We have outlived the short-run and are suffering from the long-run consequences of [Keynesian] policies. ~ Ludwig von Mises Last week, Treasury Secretary Timothy Geithner announced another solution to the financial crisis — his new “Financial Stability Plan.” Since the announcement, Citigroup [...]

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From Poverty to Riches: Is There a Magic Elixir?

July 1, 2002

From The President’s Desk Published in Ideas on Liberty July 2002 by Mark Skousen “The problem of making poor countries rich was much more difficult than we thought.” —William Easterly, World Bank1 “If there is one formula for our success, it was that we were constantly studying how to make things work, or how to [...]

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Here’s a Tax-Deductible Way to Honor an American Hero

December 1, 2001

December 2001 PERSONAL SNAPSHOTS Forecasts & Strategies by Mark Skousen “A noble man cannot be lost in a crowd.” — Maori Saying I just returned from my 25th appearance at the New Orleans Investment Conference. I know hundreds of you have been to this classic “granddaddy “of seminars. There’s a reason why this investment conference [...]

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This Icon of Capitalism Had the Answers

October 1, 2001

October 2001 PERSONAL SNAPSHOTS Forecasts & Strategies by Mark Skousen “The business career is a stern school of all the virtues. The business man pursues fortune.”— Andrew Carnegie After moving to New York last month to become the president of the Foundation for Economic Education (FEE), I took the opportunity to pay my respects to [...]

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Social Security Reform: Lessons from the Private Sector

March 1, 2001

IDEAS ON LIBERTY Economics on Trial MARCH 2001 by Mark Skousen “Of all social institutions, business is the only one created for the express purpose of making and managing change. Government is a poor manager.” —Peter F. Drucker 1 In the ongoing debate over the privatization of Social Security, one story has been over-looked: The [...]

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What If Social Security Was Like a 401(k)?

December 1, 2000

Forecasts & Strategies Personal Snapshots December 2000 by Mark Skousen “Of all social institutions, business is the only one created for the express purpose of making and managing change…. Government is a poor manager.” -Peter F. Drucker, “The Sickness of Government,” The Age of Discontinuity (1969) In the ongoing debate over the privatization of Social [...]

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The Anti-Capitalistic Mentality, Updated

November 1, 2000

Economics on Trial Ideas on Liberty November 2000 by Mark Skousen “In the excitement over the unfolding of his scientific and technical powers, modern man has built a system of production that ravishes nature and a type of society that mutilates man.” -E. F. SCHUMACHER (1) In 1956, Ludwig von Mises countered myriad arguments against [...]

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Bankrupt Millionaires

October 1, 2000

Personal Snapshots Forecasts & Strategies October 2000 Bankrupt Millionaires by Mark Skousen “In the midst of the biggest economic boom ever, millionaires are going bankrupt.” – Forbes (October 2, 2000) Last March, I reported the findings of Professor Thomas J. Stanley, author of The Millionaire Next Door and The Millionaire Mind, that the rich are [...]

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