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Mark Skousen Quotes

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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 civilized world, while a totally voluntary society represents its ultimate success.  (Mark Skousen Quotes) 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  (Mark Skousen Quotes) 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 Quotes) Gold and Silver have always had value, never gone to zero. Can you say the same for stocks and bonds?  (Mark Skousen Quotes) 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  (Mark Skousen Quotes) 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  (Mark Skousen Quotes) 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 Quotes) 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 Quotes) 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 Quotes) 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 Quotes) 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  (Mark Skousen Quotes) The worst thing that can happen to an investor is to make money on his first trade; he thinks investing is easy  (Mark Skousen Quotes) The profit motive promotes economic growth by creating better products at cheaper prices  (Mark Skousen Quotes) 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 Quotes) 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 Quotes) 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 Quotes) 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 Quotes) In a free society, individuals have the right to do right or wrong, as long as they don’t threaten or infringe upon the rights or property of others.  (Mark Skousen Quotes) 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 Quotes) 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  (Mark Skousen Quotes) 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  (Mark Skousen Quotes) 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  (Mark Skousen Quotes) 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  (Mark Skousen Quotes) 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 Quotes) No one spends someone elses money as carefully as he spends his own  (Mark Skousen Quotes) The triumph of persuasion over force is the sign of a civilized society  (Mark Skousen Quotes) We shall never change our political leaders until we change the people who elect them  (Mark Skousen Quotes) You can judge a man by the books in his library  (Mark Skousen Quotes) I am tired of the constant demonizing of people via political labels  (Mark Skousen Quotes) It is business that generates the jobs, income and taxes that keep a country going  (Mark Skousen Quotes)
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