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Mark Andrew Skousen (; born October 19, 1947) is an American
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
and writer. He currently teaches at
Chapman University Chapman University is a private research university in Orange, California, United States. Encompassing eleven colleges, the university is classified among "R2: Doctoral Universities – High research activity". The school maintains its foundi ...
, where he has been the Doti- Spogli chair in free enterprise at the Argyros School of Business and Economics since 2022.


Early life, education and family

Skousen was born on October 19, 1947, in
San Diego San Diego ( , ) is a city on the Pacific coast of Southern California, adjacent to the Mexico–United States border. With a population of over 1.4 million, it is the List of United States cities by population, eighth-most populous city in t ...
,
California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...
, and grew up in
Portland Portland most commonly refers to: *Portland, Oregon, the most populous city in the U.S. state of Oregon *Portland, Maine, the most populous city in the U.S. state of Maine *Isle of Portland, a tied island in the English Channel Portland may also r ...
,
Oregon Oregon ( , ) is a U.S. state, state in the Pacific Northwest region of the United States. It is a part of the Western U.S., with the Columbia River delineating much of Oregon's northern boundary with Washington (state), Washington, while t ...
. Conservative political commentator and survival strategist Joel Skousen and linguist
Royal Skousen Royal Jon Skousen (; born August 5, 1945) is an American linguist and retired professor of linguistics and English at Brigham Young University (BYU), where he is editor of the Book of Mormon Critical Text Project. He is "the leading expert on t ...
are his older brothers. He is the nephew of W. Cleon Skousen, the political conservative and activist. Mark Skousen earned his
B.A. A Bachelor of Arts (abbreviated B.A., BA, A.B. or AB; from the Latin ', ', or ') is the holder of a bachelor's degree awarded for an undergraduate program in the liberal arts, or, in some cases, other disciplines. A Bachelor of Arts degree ...
and Master's degree in economics from
Brigham Young University Brigham Young University (BYU) is a Private education, private research university in Provo, Utah, United States. It was founded in 1875 by religious leader Brigham Young and is the flagship university of the Church Educational System sponsore ...
and his
PhD A Doctor of Philosophy (PhD, DPhil; or ) is a terminal degree that usually denotes the highest level of academic achievement in a given discipline and is awarded following a course of graduate study and original research. The name of the deg ...
in
economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...
from
George Washington University The George Washington University (GW or GWU) is a Private university, private University charter#Federal, federally-chartered research university in Washington, D.C., United States. Originally named Columbian College, it was chartered in 1821 by ...
in 1977. Skousen is a member of
the Church of Jesus Christ of Latter-day Saints The Church of Jesus Christ of Latter-day Saints, informally known as the LDS Church or Mormon Church, is a Nontrinitarianism, nontrinitarian Restorationism, restorationist Christianity, Christian Christian denomination, denomination and the ...
. He has five children with his wife Jo Ann.


Career

Skousen was an economic analyst for the
CIA The Central Intelligence Agency (CIA; ) is a civilian foreign intelligence service of the federal government of the United States tasked with advancing national security through collecting and analyzing intelligence from around the world and ...
from 1972 to 1975. He later worked as a
consultant A consultant (from "to deliberate") is a professional (also known as ''expert'', ''specialist'', see variations of meaning below) who provides advice or services in an area of specialization (generally to medium or large-size corporations). Cons ...
for IBM and Hutchinson Technology, and other companies. He was a columnist for ''
Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
'' magazine from 1997 to 2001, and has contributed articles to ''
The Wall Street Journal ''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...
'' as well as to various
libertarian Libertarianism (from ; or from ) is a political philosophy that holds freedom, personal sovereignty, and liberty as primary values. Many libertarians believe that the concept of freedom is in accord with the Non-Aggression Principle, according ...
periodicals Periodical literature (singularly called a periodical publication or simply a periodical) consists of Publication, published works that appear in new releases on a regular schedule (''issues'' or ''numbers'', often numerically divided into annu ...
. He has been a speaker at investment conferences and has lectured for
think tank A think tank, or public policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governme ...
s. From 2008 to 2010 he was a weekly contributor on
CNBC CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Day ...
's '' Kudlow & Company'' and has also appeared on
C-SPAN Cable-Satellite Public Affairs Network (C-SPAN ) is an American Cable television in the United States, cable and Satellite television in the United States, satellite television network, created in 1979 by the cable television industry as a Non ...
Book TV ''Book TV'' is the name given to weekend programming on the American cable network C-SPAN2, which airs from 8 a.m. Eastern Time Sunday morning to 8 a.m. Eastern Time Monday morning each week. The 24-hour block of programming is focused on no ...
and Fox News. Skousen has been the editor of the ''Forecasts & Strategies'' financial newsletter since 1980. He also is the editor of four trading services (''Five Star Trader,'' ''Low-Priced Stock Trader'', ''Fast Money Alert,'' and ''TNT Trader''.) and publishes the ''Investor CAFÉ'' weekly electronic newsletter''.''


Academia

Skousen has lectured on economics and finance at
Columbia Business School Columbia Business School (CBS) is the business school of Columbia University, a Private university, private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and one of ...
,
Barnard College Barnard College is a Private college, private Women's colleges in the United States, women's Liberal arts colleges in the United States, liberal arts college affiliated with Columbia University in New York City. It was founded in 1889 by a grou ...
, Mercy College,
Rollins College Rollins College is a Liberal arts college, private liberal arts college in Winter Park, Florida. It was founded in November 1885 and has about 30 undergraduate majors and several master's programs. Florida's fourth oldest post-secondary institut ...
, and
Chapman University Chapman University is a private research university in Orange, California, United States. Encompassing eleven colleges, the university is classified among "R2: Doctoral Universities – High research activity". The school maintains its foundi ...
. In April 2005, distance education provider
Grantham University University of Arkansas Grantham (UA Grantham) is a public online university based in Little Rock, Arkansas. Founded in 1951 as Grantham Radio License School, it would eventually be renamed Grantham University. The then-for-profit school offered ...
renamed its online School of Business "The Mark Skousen School of Business." He currently teaches at
Chapman University Chapman University is a private research university in Orange, California, United States. Encompassing eleven colleges, the university is classified among "R2: Doctoral Universities – High research activity". The school maintains its foundi ...
, where he has been the Doti- Spogli chair in free enterprise at The Argyros School of Business and Economics since 2022.


Foundation for Economic Education

Skousen served as president of the libertarian economic think tank The Foundation for Economic Education (FEE) from 2001 to 2002. Skousen's brief tenure as president of
FEE A fee is the price one pays as remuneration for rights or services. Fees usually allow for overhead, wages, costs, and markup. Traditionally, professionals in the United Kingdom (and previously the Republic of Ireland) receive a fee in contrad ...
ended on a controversial note when he resigned in late 2002 at the request of the organization's board of trustees. During his tenure at FEE, Skousen launched a non-partisan,
libertarian Libertarianism (from ; or from ) is a political philosophy that holds freedom, personal sovereignty, and liberty as primary values. Many libertarians believe that the concept of freedom is in accord with the Non-Aggression Principle, according ...
conference, then titled "FEEFest," which premiered in Las Vegas in 2002. After Skousen left the presidency at FEE, the conference continued as "FreedomFest," first under the purview of
Young America's Foundation Young America's Foundation (YAF) is a 501(c)(3) nonprofit conservative youth organization founded in 1969. In 2018, the ''Los Angeles Times'' called YAF "one of the most preeminent, influential and controversial forces in the nation's conserva ...
, and later, under Skousen's own direction and ownership.


Economics

Skousen is a proponent of
Gross Output In economics, gross output (GO) is a measure of the value of production of new goods and services during an accounting period. Gross output represents the total value of ''sales'' by producing enterprises (their gross revenue or turnover) in an ac ...
(GO), an economic concept used to measure total economic activity in the production of new goods and services in an accounting period. Skousen highlighted the concept in his work, ''The Structure of Production'' in 1990.


Written works

Academic books * ''The Structure of Production'' (New York University Press, 1990) * ''Economics on Trial'' (Irwin McGraw Hill, 1991; 2nd edition, 1993) * ''Dissent on Keynes'', editor (Praeger Publishing, 1992) * ''Puzzles and Paradoxes in Economics'', co-authored with Kenna C. Taylor (
Edward Elgar Sir Edward William Elgar, 1st Baronet, (; 2 June 1857 – 23 February 1934) was an English composer, many of whose works have entered the British and international classical concert repertoire. Among his best-known compositions are orchestr ...
, 1997) * ''Economic Logic'' (Capital Press, 2000, 2008, 2011, 2014). * ''The Making of Modern Economics'' (M. E. Sharpe Publishers, 2001, 2009) * ''The Power of Economic Thinking'' (Foundation for Economic Education, 2002) * ''Vienna and Chicago: Friends or Foes? A Tale of Two Schools of Free-Market Economics'' (Capital Press, 2005) * ''The Completed Autobiography by Benjamin Franklin'', compiled and edited by Mark Skousen (Regnery Books, 2006) * ''The Big Three in Economics: Adam Smith, Karl Marx and John Maynard Keynes'' (M. E. Sharpe, 2007) * ''EconoPower: How a New Generation of Economists Is Transforming the World'' (Wiley & Sons, 2008) * ''High Finance on a Low Budget'' (Bantam Books, 1981, Dearborn, 1993), co-authored with Jo Ann Skousen * ''The Complete Guide to Financial Privacy'' (Simon & Schuster, 1983) * ''The Investor's Bible: Mark Skousen's Principles of Investment'' (Phillips Publishing, 1992) * ''Secrets of the Great Investors'', editor, audio tape series, narrated by Louis Rukeyser (Knowledge Products, 1997, 2006) * ''The New Scrooge Investing'' (McGraw Hill, 2000) * ''Investing in One Lesson'' (Regnery Publishing, Inc, 2007) * ''Maxims of Wall Street'' (Skousen Publishing, Inc 2011) * ''A Viennese Waltz Down Wall Street'' (Laissez Faire Books, 2013) Academic journal articles * "Saving the Depression: A New Look at World War II," ''Review of Austrian Economics'', 1987, vol. 2, No. 1 * "A Review of the New Palgrave," ''Review of Austrian Economics'', 1988, vol. 3, No. 1 * "The Perseverance of Paul Samuelson's Economics," ''
Journal of Economic Perspectives The ''Journal of Economic Perspectives'' (''JEP'') is an economic journal published by the American Economic Association. The journal was established in 1987. The JEP was founded by Joseph Stiglitz, Carl Shapiro, and Timothy Taylor. It is orien ...
'' vol. 11, No. 2 (Spring, 1997), 137–152 * "GO Beyond GDP: Introducing a New National Income Statistic," (presented at the "Macro Lunch", Columbia Business School, paper to be submitted to American Economic Review) * "What Drives the Economy: Consumer Spending or Saving/Investment? Using GDP, Gross Output and Other National Income Statistics to Determine Economic Performance," ''Backgrounder'', 2004, Initiative for Policy Dialogue, * "Gross Domestic Expenditures (GDE): The Case for New National Aggregate Statistic", 2012, a working paper at University College of London Articles in edited volumes * "The Great Depression," ''The Elgar Companion to Austrian Economics'', ed. Peter J. Boettke. Hants, England: Edward Elgar, 1994 * "Financial Economics," ''The Elgar Companion to Austrian Economics'', ed. Peter J. Boettke. Hants, England: Edward Elgar, 1994 * "Say's Law, Growth Theory, and Supply Side Economics," ''Two Hundred Years of Say's Law'', ed. Steven Kates. Hants, England: Edward Elgar, 2003 * *


References


External links

* *
Mark Skousen
at
Ludwig von Mises Institute The Ludwig von Mises Institute for Austrian Economics, or Mises Institute, is a nonprofit think tank headquartered in Auburn, Alabama, that is a center for Austrian economics, right-wing libertarian thought and the paleolibertarian and anarcho ...
{{DEFAULTSORT:Skousen, Mark 1947 births Living people 21st-century American economists American economics writers American finance and investment writers American investors American Latter Day Saints American libertarians American male non-fiction writers American textbook writers Austrian School economists Brigham Young University alumni Columbia University faculty Economists from Oregon Foundation for Economic Education Columbian College of Arts and Sciences alumni Libertarian economists Mercy University faculty Rollins College faculty Voluntaryists Writers from Portland, Oregon