Money and Banking

CARACAS, Venezuela, Feb.

When I surfed into the Yahoo News web site Business section, I saw the

The insightful Global Economic Analysis blog has a concise write-up on

That Americans do not save enough has been repeated so often it is now widely accepted, especially with baby boom retirements looming.

When it comes to matters such as the theory of evolution and stem-cell research, so-called liberals—i.e., socialists who have stolen the name that

There is no absolute monetary stability, never has been, and never can be. Economic life is a process of perpetual change.

Building wealth, not manufacturing money, is the key to prosperity.

From The Quarterly Journal of Economics, Volume 50, Number 2 (February 1936).

From the

The Austrians began with the actions of the individual. Economic value, for example, consisted of the valuations made by choosing individuals, and prices resulted from market interactions based on these valuations.