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Text Content

 * Home
 * About Mark Skousen
   * Catalog
   * Mark Skousen Biography
   * Commonly Asked Questions
   * Jo Ann Skousen Biography
   * Mark Skousen’s Family and Famous Relatives
   * Books Recommended by Mark Skousen
   * Personal and Miscellaneous
 * Books
   * Economics Books
     * EconoPower: How a New Generation of Economists Is Transforming the World
     * The Big Three in Economics: Adam Smith, Karl Marx and John Maynard Keynes
     * The Making of Modern Economics
     * The Structure of Production
     * Vienna & Chicago, Friends or Foes?
   * Finance and Investing Books
     * Maxims of Wall Street
     * A Viennese Waltz Down Wall Street: Austrian Economics for Investors
     * Investing In One Lesson
     * High Finance on a Low Budget
     * The New Scrooge Investing
 * Interviews
 * Appearances
 * Online Press Kit
   * Contact Information
   * Biographical Information
   * Headshots
   * List of Current Books
   * Forecasts & Strategies, Trading Services and Weekly Blog
 * FreedomFest
 * Persuasion vs. Force


MSKOUSEN.COM

Mark Skousen's Personal Website for the Best of Money & Economics

 * News
 * Economics
 * Personal Finance
 * Investing & Markets
 * Forecasts & Strategies
 * Politics & Liberty

FEATURED STORY


“REAGAN” MOVIE – ANY GOOD?

Dear friends, Jo Ann and I just saw the "Reagan" film. Despite the negative
reviews by critics, we agree with the vast majority of audience goers. There was
a reason why it is selling out? It was a … [Read More...]

FEATURED STORIES


WHY THE BEARS WERE WRONG: IT’S NOT THE END OF AMERICA


CRAZY ECONOMIST DEFIES GRAVITY AND GENERATES INFINITE RETURNS!


WHAT IT TAKES TO BE AN OBJECTIVE SCHOLAR


WHO IS THE GREATEST ECONOMIST OF THE 20TH CENTURY?


A GOLDEN COMEBACK, PART III

FEATURED POSTS


“REAGAN” MOVIE – ANY GOOD?

Dear friends, Jo Ann and I just saw the "Reagan" film. Despite the negative
reviews by critics, we agree with the vast majority of audience goers. There was
a reason why it is selling out? It was a thrill in every way. We were never
bored the entire … [Read More...]


LOW BUSINESS (B2B) SPENDING CONFIRMS STAGFLATION IN 2024

  “By integrating the vital role of the supply chain into national income
accounting, Mark Skousen’s development of gross output (GO) has created a more
dynamic and broader view of the economy, and of the central role that business
plays in national income, … [Read More...]


MY SCHEDULE AT FREEDOMFEST 2024

Dear freedom lovers from around the world, Roberto Salinas says, “This is the
best and most powerful line-up I’ve ever seen!”  He may be right. Here is my own
schedule, just to give you an idea how much fun is this Renaissance gathering on
July 10-13, … [Read More...]


IVY LEAGUE BOUND

Teaching at Columbia University with the Help of William F. Buckley, Jr. and
Milton Friedman By Mark Skousen When I was president of the Foundation of
Economic Education (FEE) in New York in 2002, Jo Ann and I had lunch
with William F. Buckley, Jr., at his … [Read More...]


MILTON FRIEDMAN, INDIVIDUALIST

Remarks on Jennifer Burn’s book, “Milton Friedman, the Last Conservative” (New
York: Farrar, Straus and Giroux, 2023, 575 pages) on April 9, 2024, at the
Association of Private Enterprise Education (APEE) meetings in Las Vegas. I am
honored to speak today … [Read More...]


THIS JUST OUT ON WSJ.COM – AND WILL MAKE THE PRINTED COPY ON APRIL 5, 2024

The Wall Street Journal has accepted all four of my op eds on GO over the
years.  They are believers!   Slow GO May Mean a Recession Soon: GDP numbers
look great, but a leading indicator signals trouble … [Read More...]


BUSINESS STAGNATES WHILE GDP ADVANCES 3.4% – DOWNTURN STILL LOOMING FOR 2024

  “By integrating the vital role of the supply chain into national income
accounting, Mark Skousen’s development of gross output (GO) has created a more
dynamic and broader view of the economy, and of the central role that business
plays in national income, … [Read More...]


TYLER COWEN’S GOAT (BARELY) MISSES THE BOAT

Review of Tyler Cowen’s GOAT: Who is the greatest economist of all time and why
does it matter? (goatgreatesteconomistofalltime.ai) Note: This is a preliminary
review; a shorter version will appear in February 2024 issue of Economic Affairs
journal: … [Read More...]


“BRING BACK SKOUSEN!” ANNOUNCING OUR LATEST BOOK

By Mark Skousen “Cleon Skousen was truly a giant. I encourage everyone to read
the story of this great man, which will inspire you to join the cause of
liberty.” — Senator Mike Lee Shortly before World War II, J. Edgar Hoover, the
demanding FBI director, … [Read More...]


MY SCHEDULE AT FREEDOMFEST MEMPHIS 2023, RENASANT CONVENTION CENTER.

Dear freedom lovers, I’m excited about this year’s big show in Memphis.  Here’s
my personal schedule.  See you there! Wednesday, July 12: 12 noon – 12:50 pm.
Main Stage #2.  “Welcome to FreedomFest,” an introduction to our Memphis show. 
A fun review of … [Read More...]


GPT4 GETS IT RIGHT ABOUT MARK SKOUSEN!

Tyler Cowen, GMU professor and host of the popular website
http://www.marginalrevolution.com, is a big fan of the new technology GPT4,
which he says is vast improvement over GPT3. He recently asked GPT4, "What is
the main contribution of Mark Skousen to … [Read More...]


ROBERT LUCAS, JR., NOBEL PRIZE WINNER, R.I.P.

Dear friends,   Another free-market economist has passed away.  Robert Lucas,
Jr. (1937-2023) died today at the age of 85.  He was one of the many Chicago
economists who won the Nobel prize, his in 1995 for popularizing the "rational
expectations" school of … [Read More...]


STANLEY ENGERMAN, CO-AUTHOR OF “TIME ON THE CROSS,” R. I. P.

Stanley Engerman, economic historian at the University of Rochester, died on May
11, 2023, at age 87: See
https://brightonmc.com/obituaries/stanley-lewis-engerman/2632/ When I was a
student at BYU in 1971, my economics professor Larry Wimmer arranged for me …
[Read More...]


FREEDOMFEST 2019: MARK SKOUSEN & JO ANN SKOUSEN – INVESTING FOR TWO: HOW COUPLES
CAN SUCCESSFULLY MANAGE THEIR FINANCES BREAKFAST

… [Read More...]


THREE NOBEL PRIZE WINNERS ENDORSE NEW MACRO STATISTIC

by Mark Skousen I now have three Nobel prize winners who are encouraging my
development of gross output (GO) as the "top line" in national income
accounting, as a complement to GDP as the "bottom line":         "Mark … [Read
More...]


SUPPLY CHAIN BUSINESS STILL GROWING: RECESSION FEARS MAY NOT PASS GO

Washington, DC (Thursday, September 29, 2022): Today, the federal government
released gross output (GO) – the measure of total spending in the economy – for
the second-quarter 2022. Inflation-adjusted real GO increased 1.6% in the second
period 2022. While … [Read More...]


ARE ECONOMISTS THE SLOWEST LEARNERS?

Dear friends of freedom, Peter Drucker once said, "Economists are the slowest
learners." I never believed that....until now.  See the announcement below from
the American Economic Association. I was very much looking forward to attending
and maybe … [Read More...]


FREEDOMFEST AGENDA – HERE’S A PREVIEW:

Dear friends of FreedomFest, The excitement is building for our July 13-16
intellectual feast at the Mirage in Las Vegas. The complete agenda with 250
speakers will be posted in a few days at www.freedomfest.com, but here are a few
sessions that might … [Read More...]


RICHARD RAHN REVIEWS “THE MAKING OF MODERN ECONOMICS” BY MARK SKOUSEN

Richard W. Rahn — economist, syndicated columnist and entrepreneur — reviewed
the most recently updated fourth edition of The Making of Modern Economics by
Mark Skousen. Here is the full review originally published in The Washington
Times, on March 28, … [Read More...]


“THE MAKING OF MODERN ECONOMICS” – THE BOOK THE NEW SOCIALISTS FEAR THE MOST

Good news! The brand-new fourth edition of “The Making of Modern Economics” has
just been published by the prestigious publisher Routledge (publisher of the
works of Friedrich Hayek). And it’s available for half off the retail price and
shipping!  Guess … [Read More...]


WHY BEN FRANKLIN MATTERS

Today is the 316th anniversary of the birth of founding father extraordinaire
Benjamin Franklin (1706 – 1790). Franklin was an inventor, the first scientific
American, the first diplomat of the United States, the first postmaster and a
signer of both the … [Read More...]


ECONOMY SLOWS, BUT THE OUTLOOK IS STILL POSITIVE

Washington, DC (Wednesday, December 22, 2021): Today, the federal government
released gross output (GO) – the measure of total spending in the economy – for
the 3rd quarter. Real GO rose 4.4% (after inflation), a slowdown in the economy
compared to the 2nd … [Read More...]


SAMUELSON VS FRIEDMAN, MATCH OF THE CENTURY

By: Mark Skousen First published in the March 1999 issue of Liberty magazine.  
… [Read More...]


DESPITE HIGHER INFLATION, THE U.S. ECONOMY CONTINUES TO BOOM: GROSS OUTPUT (GO)
HITS $50 TRILLION!

Washington, DC (Thursday, September 30, 2021): For the first time in history,
total spending in the economy, Gross Output (GO), hit $50 trillion 2021, based
on the latest economic data release.  Gross Output (GO) is the top line in
national income accounting; … [Read More...]


ARE WE ROME?

By Mark Skousen Talk delivered on Saturday, September 11, 2021, Kimber Academy
in Lehi, Utah and Liberty United Festival in Vineyard, Utah “History does not
repeat itself, but it does rhyme.” – Mark Twain “In the end, there was no money
left to … [Read More...]


WHILE INFLATION THREATENS, THE U.S. ECONOMY IS FIRING ON ALL CYLINDERS

  Washington, DC (Thursday, June 24, 2021): On June 24, 2021, the federal Bureau
of Economic Analysis (BEA) released data for the first quarter 2021 Gross Output
(GO) – the most comprehensive measure of total spending in the economy,
including the supply … [Read More...]


FUN THINGS TO DO AT FREEDOMFEST THIS JULY

We already have more than 2,000 registered attendees for FreedomFest next month.
We could have a record this year. Over a hundred people are signing up every
week.Our line-up of speakers, panels and debates can’t be beaten. Our entire
program has now been … [Read More...]


WHERE’S WALTER LIPPMANN WHEN WE NEED HIM?

Columnist and author Walter Lippmann (1889-1974) was considered the most
influential journalist of the 20th century. Who is the Walter Lippmann of our
day?  Richard Rahn, who writes for the Washington Times, comes the closest.  He
focuses on ideas and … [Read More...]


GROSS OUTPUT (GO) GROWTH OUTPACES GDP AGAIN TO SUGGEST ROBUST RECOVERY

Washington, DC (Thursday, March 25, 2021): On March 25, 2021, the federal Bureau
of Economic Analysis (BEA) released data for the fourth quarter 2020 gross
output (GO) – the most comprehensive measure of total spending in the economy,
including the supply … [Read More...]


BUSINESS-TO-BUSINESS (B2B) SPENDING GROWS FASTER THAN GDP!

Washington, DC (Tuesday, December 22, 2020): On December 22, 2020, the federal
Bureau of Economic Analysis (BEA) announced that gross output (GO) – the most
comprehensive measure of total spending in the economy, including the supply
chain – rose dramatically … [Read More...]


IDEAL HOLIDAY GIFT! NEW 10TH ANNIVERSARY RELEASE OF “THE MAXIMS OF WALL STREET”

Dear friends, A hundred years ago, in 1920, the great author and poet Rudyard
Kipling wrote a poem, “Gods of the Copybook Headings.”  He was referring to the
proverbs or maxims often drawn from sermons, almanacs, and scriptures extolling
virtue and wisdom … [Read More...]


EZRA TAFT BENSON’S REMARKS AT FEE HEADQUARTERS IN NEW YORK, MAY 1977

In 2001-02, I served as president of the Foundation for Economic Education
(FEE), the oldest free-market educational institution in the United States. When
I arrive I felt at home immediately when I saw the photographs of three members
of my faith who had … [Read More...]


ELDER EZRA TAFT BENSON SPEAKS IN COMMUNIST RUSSIA

    “It was the most heart-rending and most inspiring scene I’ve witnessed.” 
--News reporter From the time he arrived, Ezra Taft Benson repeatedly requested
that he be taken to visit one of the two Protestant churches in Moscow.  … [Read
More...]


10 LESSONS FOR 10-10-2020

This article was originally published on the FreedomFest Forum on October 10,
2020. The year 2020 has been anything but a year of seeing clearly. It has been
characterized by uncertainty, divisiveness, and conflicting views. In the
January prediction … [Read More...]


GO-DAY CELEBRATION

Dear friends, Good news!  For the first time, the federal government (BEA) has
released the "top line" gross output (GO) at the same time as the "bottom line"
GDP.  For years, publicly-traded companies have simultaneously posted the top
line … [Read More...]


MACROECONOMICS ON THE GO: HOW WALL STREET ECONOMIC ANALYSTS USE GROSS OUTPUT
(GO)

Here are two examples of how private economic research firms are using gross
output (GO) to analyze and predict the future of the economy, growth and the
markets.   1. David Ranson, chief economist, HCWE, Inc. (formerly H. C.
Wainwright Economics). … [Read More...]


DESPITE FIRST DECLINE IN MORE THAN A DECADE FOR Q1, GROSS OUTPUT (GO) MIGHT
STILL OFFER HOPE FOR A ROBUST RECOVERY IN LATE 2020

Washington, DC (Tuesday, July 7, 2020):  On July 6, 2020, the federal Bureau of
Economic Analysis (BEA) announced that gross output (GO) – the most
comprehensive measure of total spending in the economy, including the supply
chain – slowed dramatically in the … [Read More...]


MY SCHEDULE AT FREEDOMFEST 2020

by Mark Skousen Editor, Forecasts & Strategies   Dear FreedomFest friends,
Welcome to the most HISTORIC FreedomFest ever.  The challenges have never been
greater, even to put on “the world’s largest gathering of free minds.”  Those of
… [Read More...]


40 YEAR OF FORECASTS & STRATEGIES

Dear friends, My publisher, Salem Eagle, has just posted my special 40th
Anniversary Report, “Seven Golden Lessons:  An Editor’s Perspective After 40
Years.”  It contains all the valuable lessons I’ve learned in 40 years on Wall
Street.  Since starting my … [Read More...]


U.S. ECONOMY ON THE GO: TOTAL SPENDING ACCELERATES

Washington, DC (Thursday, January 9, 2020):  On January 9, 2020, the Bureau of
Economic Analysis (BEA) released the “top line” measure of total spending at all
stages of the economy, known as gross output (GO), for the 3rd quarter 2019.
Real GO rose 2.5%, … [Read More...]


THERE’S MUCH RUIN IN A NATION: MODERN MONETARY THEORY

By Mark Skousen Chapman University Mskousen@chapman.edu “Today, as in the past,
a sound money system is the condition of man’s freedom and the key to his
future.”  -- Jacques Rueff[1] Three heterodox economists William Mitchell and
Martin Watts (both … [Read More...]


STEVE FORBES ON THE GO: I MAKE THE FORBES 400 RICHEST ISSUE!

I’m mentioned on page 22 for my gross output (GO) model. (Sorry, I may be worth
several million, but not several billion!) Steve Forbes endorses my GO model,
saying GO is a “far more comprehensive, realistic and enlightening picture than
gross domestic … [Read More...]


MY INTELLECTUAL ANCESTORS

BY MARK SKOUSEN Presidential Fellow, Chapman University "If I have seen a little
further, it is by standing on the shoulders of giants." -- Sir Isaac Newton Dear
readers, I thought you'd get a kick out of this series of photos and quotes --
looks … [Read More...]


TRADE WAR THREATENS RECESSION

Washington, DC (Monday, July 29, 2019): On July 19, 2019, the federal government
released gross output (GO) for the 1st quarter 2019, and the 1.6% real-term
growth -- which was 30% lower than the 2.3% advancement from the previous period
– strengthened the … [Read More...]


MY SCHEDULE AT FREEDOMFEST 2019

by Mark Skousen Editor, Forecasts & Strategies   Dear FreedomFest friends,
Welcome to another great FreedomFest, “the world’s largest gathering of free
minds.” Every FreedomFest, the first thing I do is get the printed program and
circle … [Read More...]


AUSTRIAN VS. CHICAGO ECONOMISTS: RESPONSE TO THE 2008 FINANCIAL CRISIS

By Mark Skousen Updated in 2019  “Blessed paper credit! Last and best supply!
That lends corruption lighter wings to fly.” --Alexander Pope Since I wrote
“Vienna and Chicago, Friends or Foes?” in 2005, we’ve suffered another monetary
crisis, this one … [Read More...]


GO CONFIRMS A SLOW-GROWTH ECONOMY AS WE ENTER 2019

Washington, DC (Friday, April 19, 2019): Today the federal government released
gross output (GO) for the 4th quarter 2018, and the increase (2.3% in real
terms) confirmed a slow-growth economy as we enter a new year. For the entire
year of 2018, real GO grew … [Read More...]


THE US ECONOMY IS NOT SLOWING DOWN. BUSINESS SPENDING SOARS!

By Mark Skousen Editor, Forecasts & Strategies Washington, DC (Thursday,
February 21, 2018): “Gross Output provides an important new perspective on the
economy and a powerful new set of tools of analysis, one that is closer to the
way many businesses see … [Read More...]


THE ECONOMIST PUBLISHES NEW AD FOR “MAKING OF MODERN ECONOMICS”

The November 24th issue of The Economist, page 73, is running a new full-page
color ad for "The Making of Modern Economics."  Here is the ad. (click the image
below to see a high resolution version of the ad)   … [Read More...]


GROSS OUTPUT INDICATES CONTINUED BOOM IN THE U.S. ECONOMY AS BUSINESS SPENDING
EXPANDS RAPIDLY IN Q2

Washington, DC (Thursday, November 1, 2018):  Gross output (GO), the top line of
national accounting that measures spending at all stages of production,
continued to build on the growth from the first quarter and advanced at an even
faster pace than GDP in the … [Read More...]


ADAM SMITH AND THE MAKING OF MODERN ECONOMICS

By Mark Skousen Presidential Fellow, Chapman University mskousen@chapman.edu
(This paper is an expanded version of the first Adam Smith Lecture presented on
September 24, 2018, at the Panmure House, Edinburgh, Scotland, sponsored by the
Edinburgh School … [Read More...]


US ECONOMY CONTINUES TO EXPAND, BUT BUSINESS SPENDING SLOWS TEMPORARILY

Washington, DC (Friday, July 20, 2018):  Gross output (GO), the top line of
national accounting that measures spending at all stages of production,
continued to expand in the first quarter, but at a slower pace than the previous
quarter. Based on data … [Read More...]


FULL REMARKS BY STEVE FORBES ON THE PRESENTATION OF A TRIPLE CROWN IN ECONOMICS
TO MARK SKOUSEN

The following are Mr. Forbes remarks following Skousen’s session on “Adam Smith,
Marx and Keynes:  Who’s Winning the Battle of Ideas?” on Wednesday, July 11,
2018, at the Global Economic Summit, FreedomFest, Paris Resort, Las Vegas. 
Who's winning the … [Read More...]


STEVE FORBES AWARDS MARK SKOUSEN A TRIPLE CROWN IN ECONOMICS

For Immediate Release July 18, 2018 Washington, DC:  Steve Forbes, chairman of
Forbes Media and Editor-in-Chief of Forbes magazine, bestowed upon economist
Mark Skousen a Triple Crown in Economics for his work in economic theory,
history and … [Read More...]


MARK SKOUSEN’S ARTICLE ON REVISTA PROCESOS DE MERCADO (REVIEW OF MARKET
PROCESSES)

Revista Procesos de Mercado (Review of Market Processes) has just published Mark
Skousen's article, "Blocking Progress in Austrian Economics: A Rejoinder," where
he defends his work in gross output (GO) and responds to a recent critique by
Walter Block.  … [Read More...]


IF GDP LAGS, WATCH THE ECONOMY GO

‘Gross output’ reflects the full value of the supply chain, and it portends much
faster growth. Reprinted from THE WALL STREET JOURNAL.  By Mark Skousen The
Bureau of Economic Analysis will release its preliminary first-quarter growth
figure on … [Read More...]


AWAY WE GO: BUSINESS SPENDING ACCELERATES IN 4TH QUARTER 2017

Washington, DC (Thursday, April 19, 2018) Gross output (GO), the top line of
national accounting that measures spending at all stages of production,
accelerated economic growth to record levels in the 4th quarter 2017. Based on
data released on Thursday, … [Read More...]


GO SLOW: NEW LEADING INDICATOR PREDICTED SLOWDOWN IN GDP

by Mark Skousen Presidential Fellow, Chapman University Editor, Forecasts &
Strategies For the previous two quarters (Q2 and Q3, 2017) Gross Output, the new
broader measure of the economy that includes the supply chain, was growing at a
slower … [Read More...]


THIRD QUARTER GROSS OUTPUT AND B2B SPENDING GAIN MOMENTUM

Washington, DC (Friday, January 19, 2018): Gross output (GO), the top line of
national accounting that measures spending at all stages of production, gained
momentum in the 3rd quarter 2017. Based on data released on Friday, January 19,
2018 by the BEA and … [Read More...]


2ND QUARTER GROSS OUTPUT SHOWS SURPRISE SLOWDOWN IN ECONOMY

Washington, DC (Thursday, November 2, 2017): Gross output (GO), the top line of
national accounting and a leading economic indicator, grew at a slower pace than
GDP in the second quarter 2017, indicating a sudden slowdown in economic
activity.  Mark Skousen, … [Read More...]


ANNOUNCING A NEW EDITION BREAKTHROUGH COURSE IN FREE-MARKET CAPITALISM

“Mark Skousen is America’s leading economic author because he roots his luminous
books in the real world.  He is the Hayek of our era.” – George Gilder Based on
his popular classes at Chapman University and Columbia Business School,
Professor Mark Skousen … [Read More...]


RAPID GROWTH IN 1ST QUARTER GO: ECONOMY IS NOT SLOWING DOWN

By: MARK SKOUSEN Washington, DC (Wednesday, July 26, 2017): Gross output (GO),
the top line of national accounting that measures spending at all stages of
production, continued to increase much faster than GDP in the first quarter
2017, indicating a … [Read More...]


GROSS OUTPUT AND B2B INDEX ADVANCE SHARPLY AFTER ELECTION

Washington, DC (Friday, April 21, 2017): Gross output (GO), the top line of
national income accounting, increased sharply and much faster than GDP in the
fourth quarter 2016, indicating a robust economy for 2017. “Whenever GO grows
faster than GDP, it’s a good … [Read More...]


SECOND QUARTER GROSS OUTPUT AND B2B INDEX INCREASE, STILL NO SIGNIFICANT GROWTH
OF THE U.S. ECONOMY.

By Mark Skousen Washington, DC (Thursday, November 3, 2016):  Gross output, the
top line of national income accounting, increased 1.1% in the second quarter of
2016, according to data released today by the Bureau of Economic Analysis.  It
is still sluggish … [Read More...]


FIRST QUARTER GROSS OUTPUT AND B2B INDEX POINT TO NEGLIGIBLE GROWTH OF THE U.S.
ECONOMY

Washington, DC (Thursday, July 21, 2016):  U. S. economic activity is still
sluggish and without indication of significant growth. Economic data released
today indicates that industries in the early stages of production are
struggling, which could spell … [Read More...]


HOW BEN FRANKLIN SAVED THE POST OFFICE AND HELPED UNIFY AMERICA

By Mark Skousen Special to the Franklin Prosperity Report July 4, 2016   “In the
fourth year of Franklin’s administration, [the Post Office] paid a profit for
the first time in its history.” -- Thomas Fleming, “The Man Who Dared the
Lightning” … [Read More...]


FREEDOMFEST FUN ACTIVITIES

In addition to all the great debates, presentation and hundreds of vendors in
our exhibit hall.  there are many other activities to occupy your time and
challenge your intellect.               One … [Read More...]


BIG NEWS: THE BUREAU OF ECONOMIC ANALYSIS (BEA) HAS CHANGED ITS DEFINITION OF
GDP THAT STARTS WITH GROSS OUTPUT.

This is a significant breakthrough, which I have encouraged them to do for some
time. Here is the BEA’s official release (March 25, 2016), which re-defined GDP
as follows: "Real gross domestic product -- the value of the goods and services
produced by … [Read More...]


FOURTH QUARTER GROSS OUTPUT AND B2B INDEX POINT TO BUSINESS RECESSION

By Mark Skousen April 21, 2016 Washington, DC (Thursday, April 21, 2016):  U. S.
economic activity continued to slow dramatically in the 4th quarter 2015,
threatening recession.  As a whole, the growth rate of the economy was anemic,
almost flat, for … [Read More...]


CATO INSTITUTE POLICY FORUM: “GO BEYOND GDP: WHAT REALLY DRIVES THE ECONOMY?”

We hear constantly that consumer spending is 70% of GDP and that consumer
spending drives the economy.  Our government often sets policies and spends
taxpayer money in order to increase consumer spending in a misguided attempt to
stimulate the … [Read More...]


ANNOUNCING THE NEW THIRD EDITION OF “THE MAKING OF MODERN ECONOMICS” BY MARK
SKOUSEN

March 9, 2016: Today marks the 240th anniversary of the publication of “The
Wealth of Nations,” by Adam Smith. On this day Dr. Mark Skousen is also pleased
to announce the publication of the new third edition of his bestselling history,
“The Making of Modern … [Read More...]


ANNOUNCING THE NEW THIRD EDITION OF “THE STRUCTURE OF PRODUCTION”

Federal Government Introduces a New Macro Statistic: A Triumph in Supply-side
“Austrian” Economics and Say’s Law Mark Skousen, The Structure of Production.
New York University Press. Third revised edition, 2015, 402 pages. $26
paperback. Available on … [Read More...]


MY FRIENDLY FIGHTS WITH DR. FRIEDMAN

The Rational, The Relentless - Liberty Magazine - September 2007 by Mark Skousen
“To keep the fish that they carried on long journeys lively and fresh, sea
captains used to introduce an eel into the barrel. In the economics profession,
Milton Friedman is … [Read More...]

CONNECT WITH MARK SKOUSEN

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MARK SKOUSEN’S TOP TEN



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ARE ECONOMISTS THE SLOWEST LEARNERS?

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Dear friends of FreedomFest, The excitement is building for our July 13-16 …
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RICHARD RAHN REVIEWS “THE MAKING OF MODERN ECONOMICS” BY MARK SKOUSEN

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“THE MAKING OF MODERN ECONOMICS” – THE BOOK THE NEW SOCIALISTS FEAR THE MOST

Good news! The brand-new fourth edition of “The Making of Modern Economics” has
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WHY BEN FRANKLIN MATTERS

Today is the 316th anniversary of the birth of founding father extraordinaire …
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ECONOMY SLOWS, BUT THE OUTLOOK IS STILL POSITIVE

Washington, DC (Wednesday, December 22, 2021): Today, the federal government …
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SAMUELSON VS FRIEDMAN, MATCH OF THE CENTURY

By: Mark Skousen First published in the March 1999 issue of Liberty … [Read
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DESPITE HIGHER INFLATION, THE U.S. ECONOMY CONTINUES TO BOOM: GROSS OUTPUT (GO)
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Washington, DC (Thursday, September 30, 2021): For the first time in history, …
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ARE WE ROME?

By Mark Skousen Talk delivered on Saturday, September 11, 2021, Kimber … [Read
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WHILE INFLATION THREATENS, THE U.S. ECONOMY IS FIRING ON ALL CYLINDERS

  Washington, DC (Thursday, June 24, 2021): On June 24, 2021, the federal Bureau
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GROSS OUTPUT (GO) GROWTH OUTPACES GDP AGAIN TO SUGGEST ROBUST RECOVERY

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BUSINESS-TO-BUSINESS (B2B) SPENDING GROWS FASTER THAN GDP!

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IDEAL HOLIDAY GIFT! NEW 10TH ANNIVERSARY RELEASE OF “THE MAXIMS OF WALL STREET”

Dear friends, A hundred years ago, in 1920, the great author and poet Rudyard …
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EZRA TAFT BENSON’S REMARKS AT FEE HEADQUARTERS IN NEW YORK, MAY 1977

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ELDER EZRA TAFT BENSON SPEAKS IN COMMUNIST RUSSIA

    “It was the most heart-rending and most inspiring scene … [Read More...]


10 LESSONS FOR 10-10-2020

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GO-DAY CELEBRATION

Dear friends, Good news!  For the first time, the federal government (BEA) …
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MACROECONOMICS ON THE GO: HOW WALL STREET ECONOMIC ANALYSTS USE GROSS OUTPUT
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Here are two examples of how private economic research firms are using gross …
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DESPITE FIRST DECLINE IN MORE THAN A DECADE FOR Q1, GROSS OUTPUT (GO) MIGHT
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Washington, DC (Tuesday, July 7, 2020):  On July 6, 2020, the federal Bureau of
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MY SCHEDULE AT FREEDOMFEST 2020

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40 YEAR OF FORECASTS & STRATEGIES

Dear friends, My publisher, Salem Eagle, has just posted my special 40th … [Read
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U.S. ECONOMY ON THE GO: TOTAL SPENDING ACCELERATES

Washington, DC (Thursday, January 9, 2020):  On January 9, 2020, the Bureau of …
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THERE’S MUCH RUIN IN A NATION: MODERN MONETARY THEORY

By Mark Skousen Chapman University Mskousen@chapman.edu “Today, as in the …
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STEVE FORBES ON THE GO: I MAKE THE FORBES 400 RICHEST ISSUE!

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MY INTELLECTUAL ANCESTORS

BY MARK SKOUSEN Presidential Fellow, Chapman University "If I have seen a …
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TRADE WAR THREATENS RECESSION

Washington, DC (Monday, July 29, 2019): On July 19, 2019, the federal … [Read
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MY SCHEDULE AT FREEDOMFEST 2019

by Mark Skousen Editor, Forecasts & Strategies   Dear FreedomFest … [Read
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AUSTRIAN VS. CHICAGO ECONOMISTS: RESPONSE TO THE 2008 FINANCIAL CRISIS

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GO CONFIRMS A SLOW-GROWTH ECONOMY AS WE ENTER 2019

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THE US ECONOMY IS NOT SLOWING DOWN. BUSINESS SPENDING SOARS!

By Mark Skousen Editor, Forecasts & Strategies Washington, DC (Thursday, … [Read
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THE ECONOMIST PUBLISHES NEW AD FOR “MAKING OF MODERN ECONOMICS”

The November 24th issue of The Economist, page 73, is running a new full-page …
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GROSS OUTPUT INDICATES CONTINUED BOOM IN THE U.S. ECONOMY AS BUSINESS SPENDING
EXPANDS RAPIDLY IN Q2

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ADAM SMITH AND THE MAKING OF MODERN ECONOMICS

By Mark Skousen Presidential Fellow, Chapman … [Read More...]


US ECONOMY CONTINUES TO EXPAND, BUT BUSINESS SPENDING SLOWS TEMPORARILY

Washington, DC (Friday, July 20, 2018):  Gross output (GO), the top line of …
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FULL REMARKS BY STEVE FORBES ON THE PRESENTATION OF A TRIPLE CROWN IN ECONOMICS
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The following are Mr. Forbes remarks following Skousen’s session on “Adam Smith,
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STEVE FORBES AWARDS MARK SKOUSEN A TRIPLE CROWN IN ECONOMICS

For Immediate Release July 18, 2018 Washington, DC:  Steve Forbes, chairman …
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MARK SKOUSEN’S ARTICLE ON REVISTA PROCESOS DE MERCADO (REVIEW OF MARKET
PROCESSES)

Revista Procesos de Mercado (Review of Market Processes) has just published Mark
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IF GDP LAGS, WATCH THE ECONOMY GO

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AWAY WE GO: BUSINESS SPENDING ACCELERATES IN 4TH QUARTER 2017

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GO SLOW: NEW LEADING INDICATOR PREDICTED SLOWDOWN IN GDP

by Mark Skousen Presidential Fellow, Chapman University Editor, Forecasts …
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THIRD QUARTER GROSS OUTPUT AND B2B SPENDING GAIN MOMENTUM

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2ND QUARTER GROSS OUTPUT SHOWS SURPRISE SLOWDOWN IN ECONOMY

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ANNOUNCING A NEW EDITION BREAKTHROUGH COURSE IN FREE-MARKET CAPITALISM

“Mark Skousen is America’s leading economic author because he roots his luminous
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RAPID GROWTH IN 1ST QUARTER GO: ECONOMY IS NOT SLOWING DOWN

By: MARK SKOUSEN Washington, DC (Wednesday, July 26, 2017): Gross output … [Read
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GROSS OUTPUT AND B2B INDEX ADVANCE SHARPLY AFTER ELECTION

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SECOND QUARTER GROSS OUTPUT AND B2B INDEX INCREASE, STILL NO SIGNIFICANT GROWTH
OF THE U.S. ECONOMY.

By Mark Skousen Washington, DC (Thursday, November 3, 2016):  Gross output, …
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FIRST QUARTER GROSS OUTPUT AND B2B INDEX POINT TO NEGLIGIBLE GROWTH OF THE U.S.
ECONOMY

Washington, DC (Thursday, July 21, 2016):  U. S. economic activity is still …
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HOW BEN FRANKLIN SAVED THE POST OFFICE AND HELPED UNIFY AMERICA

By Mark Skousen Special to the Franklin Prosperity Report July 4, … [Read
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FREEDOMFEST FUN ACTIVITIES

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BIG NEWS: THE BUREAU OF ECONOMIC ANALYSIS (BEA) HAS CHANGED ITS DEFINITION OF
GDP THAT STARTS WITH GROSS OUTPUT.

This is a significant breakthrough, which I have encouraged them to do for some
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FOURTH QUARTER GROSS OUTPUT AND B2B INDEX POINT TO BUSINESS RECESSION

By Mark Skousen April 21, 2016 Washington, DC (Thursday, April 21, 2016):  …
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CATO INSTITUTE POLICY FORUM: “GO BEYOND GDP: WHAT REALLY DRIVES THE ECONOMY?”

We hear constantly that consumer spending is 70% of GDP and that consumer …
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ANNOUNCING THE NEW THIRD EDITION OF “THE MAKING OF MODERN ECONOMICS” BY MARK
SKOUSEN

March 9, 2016: Today marks the 240th anniversary of the publication of “The …
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ANNOUNCING THE NEW THIRD EDITION OF “THE STRUCTURE OF PRODUCTION”

Federal Government Introduces a New Macro Statistic: A Triumph in Supply-side …
[Read More...]


MY FRIENDLY FIGHTS WITH DR. FRIEDMAN

The Rational, The Relentless - Liberty Magazine - September 2007 by Mark … [Read
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RECENT COMMENTS

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Since 1980, Skousen has been editor in chief of Forecasts & Strategies, a
popular award-winning investment newsletter. He also is editor of three trading
services, Skousen Private Equity Trader; Skousen High-Income Alert and Fast
Money Alert.

JO ANN SKOUSEN’S ODDS & TRENDS

Movie reviews, theater reviews, and commentaries by Jo Ann Skousen, author,
editor, professor and Mark's wife of 41 years. She is the Festival Director for
the Anthem Libertarian Film Festival and the entertainment editor for Liberty
Magazine.

MARK SKOUSEN’S INVESTOR’S CAFE

Skousen Investor CAFÉ is a weekly electronic newsletter written by Dr. Mark
Skousen. Mark offers commentary on the markets, the economy, politics and other
topics of interest and what they mean to individual investors. Sign up for FREE
here.

FREEDOMFEST CONFERENCE


FreedomFest is an annual festival in Las Vegas where free minds meet to
celebrate “great books, great ideas, and great thinkers” in an open-minded
society. It is independent, non-partisan, and not affiliated with any
organization or think tank.

ANTHEM FILM FESTIVAL

Anthem is the only film festival in the country devoted to promoting libertarian
ideals. Anthem shows films and documentaries that celebrate self-reliance,
innovation, commerce, individual rights, and the power of persuasion over force.
We are looking for the year's best films about personal and civil liberty.

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