Who is he: Dr. Lawrence (Larry) Parks is the Executive Director of the Foundation for the Advancement of Monetary Education (FAME) and a leading proponent of the fight for honest money.
A student of money for more than 30 years, Dr. Parks also studied with free-market economist Murray Rothbard. Dr. Parks is a frequent speaker on what he calls "The Fight for Honest Monetary Weights and Measures."
Dr. Parks is the author of What Does Mr. Greenspan Really Think?, an easy-to-read book about how our monetary system works. Lawrence Parks's writings have appeared in Pensions & Investments, The Economist, The Washington Times, The Freeman, The Free Market, American Outlook, The United States Congressional Record and National Review.
Having broad experience in academia, business and finance, Dr. Parks also holds a Ph.D. in Operations Research from the Polytechnic University. Additionally, Parks is an active member of many civic and social organizations including The United Association for Labor Education, The National Writer's Union, UAW 1981, AFL-CIO.
Dr. Parks is very much in favor of free banking and money competition generally. Banks should be able to operate just like any other business and they should be governed by the same laws against fraud as everyone else is, Parks maintains. Provided banks make no misrepresentations (especially no unconditional promise to pay money on demand for their promissory notes, when the promise should be conditional) and do full disclosure to their counterparties and investors, banks should do as they like within the private sector.
Background: Dr. Lawrence Parks formed FAME in 1995 as a 501c3 public charity to educate people about the benefits of an honest monetary system and the perils of legal tender irredeemable paper-ticket-electronic money. Parks continues to give regular talks on free-market issues, and FAME has recruited hundreds of volunteers to help spread its free-market message. Dr.Parks platform at Fame includes the following:
• Stop the fiat money fraud.
• Promote an honest monetary system that eliminates the risk of a systemic collapse while providing for a higher standard of living for working people.
• Stop to the subsidies that working people provide to the banking system and to Wall Street firms.
• Help eliminate the advantage that Wall Street firms, banks, and their large credit-worthy clients (major corporations) have over the rest of us when they buy off politicians.
• Get rid of the "legal tender," a.k.a. "forced tender," laws that unconstitutionally coerce us into using what would otherwise be perceived as bogus money for our savings and pensions.