Occupation: Economist Birth: February 3, 1922 Death: June 23, 2007
Centers of unionism are also the centers of unemployment..
Since there is no orderly way to liquidate the federal debt, we must brace for a payment crisis..
The international monetary order is more precarious by far today than it was in 1929. Then, gold was international money, incorruptible, unmanageable….
Political power intoxicates the best hearts. No man is wise enough, nor good enough, to be trusted with much political power..
There is no escape from the vast imbalances in international trade and finance. They will be corrected, sooner or later, by the inexorable principles….
Freedom is the quality of being free from the control of regulators and tax collectors. If I want to be free their control, I must not impose control….
A 'social justice' society is a conflict which locks beneficiaries and victims alike in a struggle without end. It becomes a society torn apart by r….
Peace is the natural state of man, war the temporary repeal of reason and virtue..
No other commodity enjoys as much universal acceptability and marketability as gold..
The history of fiat money is little more than a register of monetary follies and inflations. Our present age merely affords another entry in this dis….
...there seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises..
When all the mysticism is stripped away, the people who comprise the government (the legislators, administrators, judges, and policemen), are guided ….
The social and racial conflict, which springs from the redistribution ideology, may deepen as economic output is shrinking and transfer 'entitlements….
The gold standard, in one form or another, will prevail long after the present rash of national fiats is forgotten or remembered only in currency mus….
We are ever aware that politics is an ugly struggle that determines 'who gets what, when, and how.' It is the favorite occupation of people who serv….
The gold standard sooner or later will return with the force and inevitability of natural law, for it is the money of freedom and honesty..
Monetary freedom (gold: sound money), like all other economic freedoms, clears the way for energy, intellect and virtue... Political control weakens ….
The popular notion that an increase in the stock of money is socially and economically beneficial and desirable is one of the great fallacies of our ….
Every businessman enjoying customer patronage, whether he be a baker, banker, or barber is conferring a public benefit, raising production, and reduc….
To reverse the trend and reduce the role of government in our lives, and thus alleviate the government deficit and inflation pressures, is a giant ed….
A government debt is a government claim against personal income and private property - an unpaid tax bill..