U.S. History

A government which interferes with banking exposes itself to great danger of error, and such errors cost it popular confidence sooner than any others.

The constitutional arrangement is far from perfect. But, at least if its provisions are obeyed, there is a barrier imposed on arbitrary and secret rule by one person.

"Holt, in effect, reasoned his way to libertarianism from his relentless, dogged analysis of what worked and didn't work in education, in the schoolroom."

True enough, while I would have met the qualifications of planning to go on for a secondary education, having a 3.0 GPA or better, and being a varsity letter winner, I wouldn't have stood a chance against the student athletes I'm considering this year, or any who have applied the last few years we've awarded the "Frenchie."

"Class interest led him almost always to the side of the smaller political unit against encroachment by the larger, because the greater the power of local self-government, as a rule, the better for the producer and the worse for the exploiter."

From Part I of A History of Money and Banking in the United States: The Colonial Era to World War II: “The History of Money and Bank

Pages 65-70 in the text, as narrated by Floy Lilley. From Part 2 of Conceived in Liberty, Volume IV: “Suppresing Tories.”

From Part I of A History of Money and Banking in the United States: The Colonial Era to World War II: “The History of Money and Bank

Pages 56-57 in the text, as narrated by Floy Lilley. From Part 1 of Conceived in Liberty, Volume IV: “The War Begins.”