Most of Marx's predictions have failed to materialize, and his labor theory of value and other ideas have been proven wrong. Marx failed to recognize the incentive system built into the capitalist model - consumer choice and the profit motive… — Mark Skousen Copy Share Image
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 Copy Share Image
The true principle of taxation is the benefit principle - those who benefit from a government service should pay for it. It's also known… — Mark Skousen Copy Share Image
In the early 1980s, I burned my Social Security card at the New Orleans Investment Conference in protest of the state pension system. — Mark Skousen Copy Share Image
Today's political leaders demonstrate their low opinion of the public with every social law they pass. They believe that, if given the right to… — Mark Skousen Copy Share Image
Fraud is common when you give away billions. Fraud related to Hurricane Katrina spending is estimated to top $2 billion. In addition, debit cards… — Mark Skousen Copy Share Image
Banking technology has made it simple and efficient to invest in good causes. — Mark Skousen Copy Share Image
We should not forget the principles of Christian mercy and justice: to welcome back those who are repentant and need our assistance, while encouraging… — Mark Skousen Copy Share Image
Contrary to what President Obama said in his inaugural address, going on Medicare and food stamps does not strengthen us. Just ask people who… — Mark Skousen Copy Share Image
Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure. A centrally… — Mark Skousen Copy Share Image
In short, my vision of a responsible free society is one in which we discourage evil, but do not prohibit it. We make our… — Mark Skousen Copy Share Image
Who uses funds more productively - private citizens or the government? I dare say that Warren Buffett can use his surplus funds more effectively… — Mark Skousen Copy Share Image
The profit motive promotes economic growth by creating better products at cheaper prices. — Mark Skousen Copy Share Image
