- Economics
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- Nov 07, 2020
Mark Skousen Quotes
Most Famous Mark Skousen Quotes of All Time!
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- Last Updated on May 30, 2021
- Great
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- Nov 07, 2020
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.
- Look
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- Nov 07, 2020
The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.
- Never
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- Nov 07, 2020
We shall never change our political leaders until we change the people who elect them.
- Experience
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- Nov 07, 2020
I've felt for some time that economics needs to be taught differently by economists who actually have had experience making a payroll or investing on Wall Street. When economics is taught by pure academics, watch out.
- Great
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- Nov 07, 2020
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.
- Business Leaders
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- Nov 07, 2020
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.
- Country
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- Nov 07, 2020
It is business that generates the jobs, income and taxes that keep a country going.
- Doing
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- Nov 07, 2020
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.
- Liberty
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- Nov 07, 2020
The U.S. Constitution was meant to be universal, not just something that only America would observe. The principle of defending liberty for all people ideally should apply everywhere in the world.
- Go
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- Nov 07, 2020
YouTube offers the best solution by running an ad before showing the video, but also offering a 'skip ad' button that you can click after five seconds to go directly to the video if you are not interested in the ad. Now, that's what I call consumer sovereignty!
- Love
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- Nov 07, 2020
I have on my bookshelf a series of books with opposite titles: 'The Alpha Strategy' and the 'Omega Strategy'; 'Asia Rising' and 'Asia Falling'; 'Free to Choose' and 'Free to Lose'; 'How to Win Friends and Influence People' and 'How to Lose Friends and Alienate People.' Visitors love the collection.
- Classics
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- Nov 07, 2020
Negative books can be bestsellers, but seldom classics.
- Life
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- Nov 07, 2020
Balance in life is the key, as Aristotle taught us. Nobody likes a naive Pollyanna, but neither do we like to be around people who are constantly complaining and finding fault.
- City
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- Nov 07, 2020
I find it ironic how New York City Mayor Mike Bloomberg is so focused on such small issues as drink sizes, while ignoring the massive infrastructure challenges in New York - lousy roads, third-world airports, traffic jams, etc.
- Deposit
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- Nov 07, 2020
Bitcoin is not an actual physical coin, and if computers are shut down, you can't buy or sell them. That's why nothing will ever replace gold and silver coins themselves, and all investors should have them at home or in a safe deposit box.
- Financial Crisis
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- Nov 07, 2020
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.
- Food Stamps
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- Nov 07, 2020
Contrary to what President Obama said in his inaugural address, going on Medicare and food stamps does not strengthen us. Just ask people who are fourth-generation welfare recipients.
- New
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- Nov 07, 2020
I only have disdain for New York City Mayor Michael Bloomberg. He raised taxes and has increased regulations. What else is new? He's a bully who wants to micro-manage people's lives by mandate, not persuasion.
- Media
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- Nov 07, 2020
The media simply does not understand Econ 101.
- Matter
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- Nov 07, 2020
All workers, whether they are employed in the private or public sector, should avoid living 'paycheck to paycheck.' Studies show that every household wastes 10% or more of its salary or income on unnecessary expenditures or by not taking the time to shop for better prices. It's all a matter of proper budgeting.
- Finance
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- Nov 07, 2020
One suggestion my wife and I have used in our personal finance courses we teach at college is simply writing down all expenditures and seeing where the money goes. That alone will cause heads of households to think twice about x, y or z expenditure, and to consider carefully whether they really need something or not.
- Economic
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- Nov 07, 2020
The income tax is flawed for a number of reasons - it discourages economic growth and encourages a bloated government.
- Government
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- Nov 07, 2020
The true principle of taxation is the benefit principle - those who benefit from a government service should pay for it. It's also known as the 'user pay' principle. Every effort should be made to link the payment of taxes or fees to the cost associated with the government service.
- Government
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- Nov 07, 2020
Who uses funds more productively - private citizens or the government? I dare say that Warren Buffett can use his surplus funds more effectively in private business and creating jobs than the government can.
- Cards
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- Nov 07, 2020
Fraud is common when you give away billions. Fraud related to Hurricane Katrina spending is estimated to top $2 billion. In addition, debit cards provided to hurricane victims were used to pay for Caribbean vacations, NFL tickets, Dom Perignon champagne, 'Girls Gone Wild' videos, and at least one sex change operation.
- Business
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- Nov 07, 2020
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.
- Precious
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- Nov 07, 2020
In the early 1980s, I wrote a book called 'The Complete Guide to Financial Privacy.' If I would write that book today, it would be a pamphlet. There is precious little privacy left.
- Never
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- Nov 07, 2020
Remember, gold and silver always have had value and never have gone to zero. Can you say the same for stocks and bonds?
- Life
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- Nov 07, 2020
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.
- Investment
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- Nov 07, 2020
In the early 1980s, I burned my Social Security card at the New Orleans Investment Conference in protest of the state pension system.
- Economics
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- Nov 07, 2020
The fundamental flaw in Social Security and Medicare is that they violate the 'welfare principle' in economics. The welfare principle forms the fundamental basis of all charitable work in churches and other private organizations: assist those who need help, and equally important, don't assist individuals who can take care of themselves.
- Good
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- Nov 07, 2020
If you are wealthy enough, use part or all of your Social Security proceeds to invest in a favorite cause or two. Invest 10 percent or 100 percent of your monthly Social Security check in your favorite charity, foundation, think tank, church or synagogue, or other good cause.
- Good
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- Nov 07, 2020
Bill Gates and Warren Buffett have their 'Giving Pledge,' where billionaires promise to give away the majority of their wealth when they die. My Social Security Pledge is better - to give money to good causes when you are alive. Besides, more Americans can participate.
- Like
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- Nov 07, 2020
Even though I've reached retirement age, I still plan to work - writing my investment newsletter, speaking at conferences, publishing books, and producing conferences like FreedomFest.
- Medical
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- Nov 07, 2020