Anything short of the discipline and honesty of a true gold coin standard will inevitably self-destruct, consuming our wealth and liberties, and nurturing the omnipotent state.
Lawrence ReedBy mandating an even higher minimum, the living wage prices even more people out of work. The people who push these cockamamie ideas never seem to ask why any employer would hire someone at $8.23 if that person's services are only valued in the marketplace at, say, $5.00.
Lawrence ReedMarijuana has killed far fewer people than swimming pools; itโs the war against it that does all the violence.
Lawrence ReedPessimism is not only unwarranted, it is also a self-fulfilling prophecy. If you think the cause is lost, it will be. No one works hard for a cause they think will lose.
Lawrence ReedOur expensive welfare state is fueled by the destructive notion that 'greed' is when you want to keep your own money but 'compassion' is when you want to take somebody else's.
Lawrence ReedMonetary reform, if it is to be genuine and successful, must sever money and banking from politics. That's why a modern gold standard must have: no central bank; no fixed rations between gold and silver; no bail-outs; no suspension of gold payments or other bank frauds; no monetization of debt; and no inflation of the money supply, all of which have proved so disastrous in the past.
Lawrence Reed