Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research covers topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.
As the 2007-2009 Great Recession and financial crisis unfolded, Mark realized he was missing critical information he needed to fully understand what was happening. He came to the conclusion that major media outlets fail to report on critical issues and often provide misinformation, especially with regard to understanding power structures and what and why important decisions are made. He began to understand that while the rule of law applies to most of us, a few of the most powerful act with near complete impunity . This group has considerable control over media, finance, fiscal and monetary policies, geopolitics, health, agriculture, natural resources, and high tech. Though Mark has a Ph.D. in Economics, he was forced to face the fact that there was much about finance and economics that he did not understand. The experience was both humbling and healing. He now views current events from several vantage points in order to triangulate and hopefully gain a better understanding and make better decisions.
With this website, he shares some of his own work as well as other relevant research and news in the hopes it will be useful to those who are trying to improve their understanding of the world around them.
If you have questions, please go to the contact page!