Paul Hein

Articles by Paul Hein

Monetary Realists, knowing not so much what they've been taught, but what they've learned with their eyes open and ears tuned, see things clearly, without peering through a haze of misinformation masquerading as knowledge. Like the boy in...
As a teen-ager I toured the Ford Assembly Plant in St. Louis (actually, in Hazelwood, a suburb) with my parents in 1949, the year after it opened. Mercury automobiles were being put together there, in a pageant fascinating to watch. From...
From time to time we are told scary stories of foundering economies. There have been more of them than I can recount offhand, although the Mexican economic problem sticks in my mind. There, disaster was immanent, but along came the IMF and...
No, not December 7th. More than likely, that was a day of fulfillment, a time anxiously anticipated. The day I refer to is next January 1, when three hundred million Europeans will be conquered by the euro. They will succumb without a...
Ciprofloxacin is said to be the best antibiotic for the treatment of anthrax. I am not in a position to deny this, but because anthrax-especially the deadly pneumonic version-is so rare, I wonder how this discovery was made. I suppose our...
Following the attack upon the World Trade Center in New York (there are World Trade Centers in about ninety countries) the President has been throwing money around as though it were going out of style. (Which, of course, it is!)
We have considered what makes a particular currency "hard," while another, equally valuable-or worthless, depending on your view-is "weak." It has nothing to do with the paper itself. Paper is paper. A weak currency can be beautifully...
From the flurry of articles and broadcasts not long ago dealing with ATM charges, one might assume that the matter was important. Of course, it isn't, because the ATM machines themselves aren't important. I, for example, do not have an ATM...
Your pulse quickens when you walk through the door. There is that faint, but unmistakable, aroma of new car. The gleam of chrome, the luster of paint-even the pristine blackness of the tires. And don't think the salesman isn't aware of the...
The readers of this website are certainly more perspicacious than the average surfer. They open their eyes and use their minds and realize that the truth is far from what they are told by possibly well-meaning, but nonetheless wrong,...

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Gold is found in nature in quartz veins