Markets Can Influence The Events That They

A Full And Fair Discussion Is Essential To Democracy.

Money Values Do Not Simply Mirror The State Of Affairs In The Real World; Valuation Is A Positive Act That Makes An Impact On The Course Of Events. Monetary And Real Phenomena Are Connected In A Reflexive Fashion; That Is, They Influence Each Other Mutually. The Reflexive Relationship Manifests Itself Most Clearly In The Use And Abuse Of Credit.

Just As The Process Of Repealing National Alcohol Prohibition Began With Individual States Repealing Their Own Prohibition Laws, So Individual States Must Now Take The Initiative With Respect To Repealing Marijuana Prohibition Laws.

Market Prices Are Always Wrong In The Sense That They Present A Biased View Of The Future.

A Global Economy Is Characterized Not Only By The Free Movement Of Goods And Services But, More Important, By The Free Movement Of Ideas And Of Capital.