How To Spin Gold Into Straw
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About this ebook
"A pro business, pro people, pro growth, pro freedom fable. Truth and facts versus ideas; that is the story. Real freedom and wealth versus dogma and doctrine; that is the choice. Because in the ongoing struggle between facts and ideas, it is truth and facts that can lead to greatness, and ideas that can destroy it all. The working title was 'The Idea Guys,' because it is the guys with the big ideas who are always the greatest threat to what we have and what we can have." - Dennis Paulaha
"There is no tyranny in the world more hateful than that of ideas. Ideas bring ideophobia, and the consequence is that people begin to persecute their neighbors in the name of ideas. I loathe and detest all labels, and the only label that I could now tolerate would be that of ideoclast or idea-breaker."
- Miguel de Unamuno
Spanish philosopher, essayist, novelist, playwright, and poet.
September 29, 1864 - December 31, 1936
"I wrote this little book to scare people into voting by showing how we are encouraging our own destruction by not standing up for and protecting what made this the greatest country in the world, even if it was for only a short time." - Dennis Paulaha
Dennis Paulaha
B.S. and M.A. degrees in Economics from the University of Minnesota. Ph.D. in Economics from the University of Washington. As a college and university professor, taught macroeconomic and microeconomic theory at the principles, intermediate, advanced, and graduate level, monetary theory and policy, environmental economics, and special issues courses. Wrote economic/investment newsletters with as many as 70,000 paid subscribers. Reviewed in magazines and newspapers. Interviewed on television and radio.
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How To Spin Gold Into Straw - Dennis Paulaha
HOW TO SPIN GOLD INTO STRAW
A fable
D.F. PAULAHA, PH.D.
P ATRON B OOKS
Copyright © 2016 by Dr. Dennis F. Paulaha.
All rights reserved. No portion of this book may be reproduced or transmitted in any form whatsoever or by any means, electronic or mechanical, including printing or photocopy, without permission in writing from the publisher, except for short quotes in critical articles or reviews.
ISBN 978-0-9907082-3-0
First published 2016 by: Dennis F. Paulaha
Patron Books
Contents
The Idea Guys
The Beginning
Making Squares
The Bagman
The Tall Stranger
Tax and Buy
The Beginning of the End
The Real Plan
The Black Spot
The End
The Author
The Idea Guys
It is important to remember that government interference always means either violent action or the threat of such action. The funds that a government spends for whatever purposes are levied by taxation. And taxes are paid because the taxpayers are afraid of offering resistance to the tax gatherers. They know that any disobedience or resistance is hopeless. As long as this is the state of affairs, the government is able to collect the money that it wants to spend. Government is in the last resort the employment of armed men, of policemen, guardees, soldiers, prison guards, and hangmen. The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
—Ludwig von Mises, Human Action. 1949. Ch. 27.
Yikes!
For Deborah, my wife.
The Beginning
IT BEGAN not so long ago on a warm spring day in a land that would become history’s shortest empire.
It
being the thing that changed everything.
Maybe not everything…but pretty much everything that mattered.
Spring is good, the people were thinking as they walked along the paths bordered by new flowers and yellow-green grass.
All of a sudden, someone pointed at the sky.
And everyone looked up to see what was up.
What was up was a cloud.
It looks like a triangle,
someone said.
At first it looked small, because it was far away.
As it drifted over their heads, the people saw how large it was.
That’s a big cloud,
someone said.
It certainly is,
someone else said.
Then lines started shooting out of the cloud and the people started screaming and running in all directions as the lines fell to the ground.
But the lines did not hit anyone.
So the people stopped running and screaming.
Then it happened.
The cloud talked.
Do you see all those lines on the ground?
the cloud thundered.
It would be pretty hard not to see them.,
the people answered.
Well, don’t touch them,
the cloud thundered. Go home and think about what happened today. Then be back here tomorrow at exactly two o’clock in the afternoon. If you are late, you will be in big trouble.
Someone started to ask the cloud what kind of big trouble they would be in.
GO!!!
the cloud thundered.
The people ran home and locked their doors.
And no one slept much that night.
The next morning, people looked out their windows to see if they could see the cloud. They did not. The sky was clear.
By ten o’clock in the morning, most people were outside talking with each other.
Do you think it was a dream?
I don’t know.
Well, do you see any clouds?
No.
The people talked and talked, hoping to convince themselves that maybe the cloud was not real. But they kept looking up at the sky.
By noon, almost everyone thought the cloud must have been a dream, even though no one could explain how everyone had the same dream at the same time.
By one-thirty, there was still no cloud.
That’s it,
someone said. I have better things to do than go to a meeting with a cloud that might not even be there.
Right,
someone else said. "There is