“The nature of capital was a major debate issue at the turn of the twentieth century because economist wanted to know how quickly the economy could adjust and recover from a depression. If capital w...”

“The triumph of persuasion over force is the sign of a civilized society.”

“Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure. A centrally planned totalitarian state represents a complete defeat for the...”

“Bitcoin is not an actual physical coin, and if computers are shut down, you can't buy or sell them. That's why nothing will ever replace gold and silver coins themselves, and all investors should h...”

“For those of us in the financial world, Black Friday has a strong negative connotation, referring to a stock market catastrophe.”

“One suggestion my wife and I have used in our personal finance courses we teach at college is simply writing down all expenditures and seeing where the money goes. That alone will cause heads of ho...”

“Justice is the only worship.Love is the only priest.Ignorance is the only slavery.Happiness is the only good.The time to be happy is now,The place to be happy is here,The way to be happy is to make...”

“Be a good human.”

“Our country in general assumes that "the pursuit of happiness" really means "the pursuit of pleasure" and that therefore pleasure is the greatest good.”

“His story is simple, because simple is always best.”

“Why Worry?If its better when simpler.”

“Sounds simple, doesnt it, this notion of simplicity? Simple things done simply by a simple person. But its not as simple as it seems.”

“In fact this is precisely the logic on which the Bank of Englandthe first successful modern central bankwas originally founded. In 1694, a consortium of English bankers made a loan of 1,200,000 to ...”

“When you need to borrow money the Mob seems like a better deal I think. 'You don't pay me back I break both yer legs.' Is that all? You won't take my house or wreck my credit rating? Fine where do ...”

“...If you look at mainstream economics there are three things you will not find in a mainstream economic model - Banks, Debt, and Money. How anybody can think they can analyze capital while leaving...”