Occupation: Economist Birth: February 3, 1922 Death: June 23, 2007
For more than two thousand years gold's natural qualities made it man's universal medium of exchange. In contrast to political money, gold is honest ….
Every individual is a potential gold buyer, although he may not need the gold. It may be added to the store of personal wealth, and passed from gener….
When individual enterprise is free and unhampered, profit-and-loss calculations set precise limits to a businessman's temptations to expand his servi….
Redistribution divided society into two social classes: the beneficiaries of transfer, who are calling for ever more; and the victims, who submit unw….
Government is rather ill-suited and poorly equipped to alleviate the plight of the poor. It lacks moral rules or standards, and is devoid of basic p….