. . UNDERSTANDING "AUSTRIAN" ECONOMICS by Henry Hazlitt • Introduaioa Since its inception in 1976, the Silver & Gold &port has pursued a policy of independ~nt, unbiased and impartial coverage of precious metals and all the factors that affect them. We do, however, confess to a general philosophical bias in favor of the Austrian school of economics, which holds that an unfettered free market, compos~d of individuals exercising full freedom of choice, is the best system for...
