The more important reason is that the research itself provides an important long-run perspective on the issues that we face on a day-to-day basis.

A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself.

Life is amazingly unpredictable; any 22-year-old who thinks they know where they will be in 10 years, much less in 30, is simply lacking imagination.

The people who best use their advantages, or overcome adversity, and work honestly are those most worthy of admiration.

I am very proud of my nerd-dom.

I don't fully understand movements in the gold price.

Monetary policy is not a panacea.