Mark Skousen Quotes

• 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!

  Mark Skousen

  Topics in Uncategorized

  Tags in Offers, Seconds

• 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 scholarship – for your grandchildren, for example – or to somebody who has a medical need. Or you can invest your government check in free enterprise.

  Mark Skousen

  Topics in Uncategorized

  Tags in Scholarship, Social Security

• 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.

  Mark Skousen

  Topics in Uncategorized

  Tags in Dare, Citizens

• We should not forget the principles of Christian mercy and justice: to welcome back those who are repentant and need our assistance, while encouraging the faithful to endure to the end.

  Mark Skousen

  Topics in Uncategorized

  Tags in Mercy, Endure

• 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.

  Mark Skousen

  Topics in Uncategorized

  Tags in Observe, Everywhere

• 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.

  Mark Skousen

  Topics in Uncategorized

  Tags in Taxation, Associated

• 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.

  Mark Skousen

  Topics in Uncategorized

  Tags in Inflation, Consumer

• 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.

  Mark Skousen

  Topics in Uncategorized

  Tags in Economics, Charitable

• Society can take two roads – the road to genuine prosperity, or the road to artificial stimulus. The first results in a permanent higher standard of living for all; the latter creates an inflationary boom that cannot last.

  Mark Skousen

  Topics in Uncategorized

  Tags in Prosperity, Standard

• 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.

  Mark Skousen

  Topics in Uncategorized

  Tags in Environment, Fan

• 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.

  Mark Skousen

  Topics in Uncategorized

  Tags in Behave, Enhance

• 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.

  Mark Skousen

  Topics in Uncategorized

  Tags in Expenditure, Households

• 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.

  Mark Skousen

  Topics in Uncategorized

  Tags in Count, Afford

• 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.

  Mark Skousen

  Topics in Uncategorized

  Tags in Revolution, Depression

• 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.

  Mark Skousen

  Topics in Uncategorized

  Tags in Inflation, Excessive

• 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.

  Mark Skousen

  Topics in Uncategorized

  Tags in Achieve, Consequences

• 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.

  Mark Skousen

  Topics in Uncategorized

  Tags in Precious, Privacy

• 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.

  Mark Skousen

  Topics in Uncategorized

  Tags in Honest, Word

• In my book, ‘The Big Three in Economics,’ I found that the press has frequently and prematurely written the obituary of Adam Smith and his free-market philosophy, only to see a new and more vibrant global marketplace reemerge after being savagely attacked by Keynesians, Marxists, and assorted socialists.

  Mark Skousen

  Topics in Uncategorized

  Tags in Marketplace, Frequently

• If you subscribe to any online service, whether it be AOL, Google, Yahoo, or the Huffington Post, have you noticed that you are forced to watch a seemingly endless ad before the video story appears about a news item that caught your eye? AOL and the Huffington Post are especially annoying.

  Mark Skousen

  Topics in Uncategorized

  Tags in Endless, Seemingly

Mark Skousen (45)

Birth:	1947
Nationality:	American
Profession:	Analyst, Author, Economist, Editor, Professor

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