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The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians.

- Henry Hazlitt

Photo by Kalen Emsley on Unsplash

The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians.

- Henry Hazlitt

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Just after graduation in 1966, like many of my contemporaries, I applied for research training at the National Institutes of Health. Perhaps because his wife was a poet, Ira Pastan agreed to take me into his laboratory, despite my lack of scientific credentials.

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