Dr. Mark Skousen—Austrian Economist & FreedomFest Producer - EP12
As we get more and more polarized here in the US, the opportunity for civil debate seems less and less feasible.
And yet, there is an organization that’s more interested in what is right than who is right. A platform where you can hear both sides of an issue in an open-minded environment.
Dr. Mark Skousen is the economist, bestselling author and nationally-recognized investment expert behind the longstanding Forecasts & Strategies newsletter and the producer of FreedomFest, an independent, nonpartisan festival where free thinkers meet to celebrate great ideas. He currently teaches at Chapman University, where he is a Presidential Fellow at the George L. Argyros School of Business and Economics.
On this episode of The Wiggin Sessions, Dr. Skousen joins me to discuss the idea of gross output, explaining why GO is a better measure of economic growth than GDP.
Dr. Skousen introduces us to the investing approach favored by the Austrian school of economics and describes why Austrian economists believe in Bitcoin and gold as a hedge against inflation.
Listen in for Dr. Skousen’s insight on adjusting your portfolio in the Biden era and learn more about attending the upcoming FreedomFest conference in South Dakota this July.
Key TakeawaysWhat’s missing from GDP and why gross output (GO) is a better measure of economic growth
How GO held up better than consumer spending during the pandemic
Why the government should focus on getting businesses back rather than giving people money
Dr. Skousen’s insight on the benefits of globalization
What differentiates the Austrian school of economics and how Austrian economists have influenced Wall Street
Dr. Skousen’s predictions around inflation and why Austrian economists believe in Bitcoin and gold
How investors should adjust our portfolios in the Biden era
How Dr. Skousen thinks about Reddit nation, Robinhood and the GameStop saga
How big tech is becoming a threat to free speech and why we need the freedom to dissent
FreedomFest’s focus on civil debate that explores both sides of a given issue
Connect with Dr. Mark SkousenDr. Skousen’s Website
Forecasts & Strategies
FreedomFest
Connect with Addison WigginConsilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
Instagram @thewigginsessions
Twitter @WigginSessions
ResourcesBooks by Dr. Mark Skousen
The Structure of Production by Mark Skousen
US Bureau of Economic Analysis
Dr. Skousen’s Libertarian CEOs Course
A Viennese Waltz Down Wall Street by Mark Skousen
Cathie Wood at ARK Invest
DuckDuckGo
Anthem Film Festival
Reagan
Kevin O’Leary & John Mackey Debate
John Mackey & Bill Bonner on Libertarian CEOs
Conscious Capitalism: Liberating the Heroic Spirit of Business by John Mackey and Rajendra Sisodia
Cato Institute
Atlas Shrugged by Ayn Rand
Agora Financial
The Making of Modern Economics by Mark Skousen
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