Quotes by Mark Skousen

“The nature of capital was a major debate issue at the turn of the twentieth century because economist wanted to know how quickly the economy could adjust and recover from a depression. If capital w...”

“The triumph of persuasion over force is the sign of a civilized society.”

“Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure. A centrally planned totalitarian state represents a complete defeat for the...”

“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 h...”

“For those of us in the financial world, Black Friday has a strong negative connotation, referring to a stock market catastrophe.”

“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 ho...”

“You can give your Social Security check to any organization, public or private, or to individuals. You can donate it to your favorite political party. You can give the funds to a student scholarshi...”

“Banking technology has made it simple and efficient to invest in good causes.”

“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 ...”

“We shall never change our political leaders until we change the people who elect them.”

“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 ...”

“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...”

“Samuelson's textbook has delivered a great deal of economic wisdom. For many economists, the positive side of the balance sheet has outweighed the negative. Indeed, his defenders might ask: Might t...”

“The question of the value of Hayek’s work in technical economic theory from the middle 1920s through early 1940s is one over which there is considerable dispute in the academic economic community. ...”