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Thomas Woods
American
August 1, 1972
Historian
The power to regulate the value of money does not involve a power to dilute the value of money by inflation, an absurd and self-serving rendering.
Thomas Woods
Tags:
Money
Power
Does
Communism brought out the worst in human nature and crippled people's ability or ambition to participate in a market economy.
Thomas Woods
Tags:
Nature
People
Out
That human beings seek their own well-being and that of those close to them is not an especially provocative discovery. What is important is that this universal aspect of human nature persists no matter what economic system is in place; it merely expresses itself in different forms.
Thomas Woods
Tags:
Nature
Them
Those