Monday, April 28, 2008 The supply of gold is governed by nature; it is not, like the supply of paper money, subject merely to the schemes of demagogues or the whims of politicians. Nobody ever thinks he has quite enough money. Once the idea is accepted that money is something whose supply is determined simply by the printing press, it becomes impossible for the politicians in power to resist the constant demands for further inflation. Gold may not be a theoretically perfect basis for money; but it has the merit of making the money supply, and therefore the value of the monetary unit, independent of governmental manipulation and political pressure. — Henry Hazlitt

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MONETARY POLICY A Short Numismatic History of the United States by Edward B. Elmer, M.D. Future of Freedom Foundation EDUCATION My Home-School Days by Stefan Merrill Block Los Angeles Times Don't Blame All Borrowers by Robert H. Frank Washington Post FREE TRADE Freer Trade Could Fill the World's Rice Bowl by Tyler Cowen New York Times TORTURE John McCain and Bush's Torture Powers by Glenn Greenwald Salon.com U.S. MILITARY TV Military "Analysts" Are Part of What Ike Warned Against by Nancy Grape Portland Press Herald The School of the Americas: Military Training and Political Violence in the Americas (2006) by J. Patrice McSherry BNET Business Network SOCIALISM Avoidable Hunger by Conor Foley The Guardian The U.S. Role in Haiti's Food Riots by Bill Quiqley Counterpunch Get Farmers to Farm? How Very Radical by Ross Clark London Times

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