Wearing a pair of round eyeglasses, and with his hair slicked and combed to one side, the thirty-nine-year-old securities trader from Omaha, Nebraska, searched for something to say. Reporters pressed him for a reaction. Overall, in his staunch defense of economic liberty, the gold standard, and noninterventionism, Howard Buffett was an exemplary member of the Old Right. FULL ARTICLE by Noah M. Clarke
Source link: http://archive.mises.org/10764/howard-buffett-a-man-of-the-old-right/
Howard Buffett: A Man of the Old Right
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{ 5 comments }
It is hard to believe that his son Warren is so enamored with statist interventionism.
Salamanca34 I was thinking the same thing. Here is what Mises said in Human Action:
‘The choice of the fathers does not impair the sons’ freedom to choose. They can reverse the resolution. Every day they can proceed to the transvaluation of values and prefer barbarism to civilization, or, as some authors say, the soul to the intellect, myths to reason, and violence to peace. But they must choose. It is impossible to have things incompatible with one another.’
Salamanca34
It is hard to believe that his son Warren is so enamored with statist interventionism.
Warren is making a fortune off the corruption of statist intervention.
Great article, Noah. We need to be reminded, again and again, that the battles of today are in some sense a repeat of previous battles. The remedy is always the same – a freer market and a limited government.
As I write, I notice the Kitco price screen in the top RH corner of this page reads gold at USD1017! Now what is that? Such a ‘barborous’ relic! Do I smell fear and inflation?
All the best with your PhD; I just finished a PhD – a theistic analysis of Austrian capital and interest theory. Menger, Böhm-Bawerk, Hayek and, particularly, Mises are such fun. They have dealt with all of this stuff and moved way ahead of the rest, expecially Mises.
Cheers
Troy
Warren Buffet the ‘Blow Hard of Omaha’ is just another wealthy, guilt-ridden foolish socialist that will squander his fortune far quicker than he made it.
See:
http://gsgiles.snappages.com/Blustery%20Day.htm
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