Monday, July 13, 2009

Ayn Rand, Mises and Gold

Dr. Richard Ebeling, free-market economist and admirer of Ayn Rand, in this interview explains free-market economics and why his prefers gold to dollar. He talks about his recovery of lost Ludwig von Mises papers from a formerly secret KGB archive in Moscow, Russia. His take on status of freedom around the world:
Many countries around the world that suffered from poverty and lived under socialist tyranny are now experiencing economic growth and prosperity. They have abandoned the 'socialist road" and have introduced, if not a free market, then at least freer market reforms. These changes have generated rising standards of living in parts of the world that have only known hunger and despair for all of recorded history.