Percy L. Greaves, Jr. Professions : Economist Born : August 24, 1906 Died : August 13, 1984 Browse All Authors Top 3 quotes by Percy L. Greaves, Jr. All political spendings for purposes beyond the protection of life and property are a snare and a delusion. Percy L. Greaves, Jr. protection political purpose We all want things that are not necessarily essential, but we always choose those actions which we think will best improve the situation from our viewpoint. This means that the ideas that men hold determine their choice of actions. This means that the most important thing in the world is ideas. Percy L. Greaves, Jr. men mean thinking Every political creation of new money transfers wealth from workers and savers to those who are spending in the market place newly created monetary units which no one has earned. Percy L. Greaves, Jr. wealth creation political Similar Authors Bryan Caplan economist Burton Malkiel economist Bruno Frey economist Brian Wesbury economist Branko Milanovic economist Andrew Samwick economist All Authors