Harry Browne

For those of a similar name, see Harry Brown (disambiguation).

Harry Browne
Harry Browne
Born	June 17, 1933(1933-06-17) New York City, New York
Died	March 1, 2006(2006-03-01) (aged 72)
Occupation	Writer, politician, investment analyst
Spouse	Pamela Browne
Children	Autumn Browne

Harry Browne (June 17, 1933 – March 1, 2006) was an American libertarian writer, politician, and free-market investment analyst. He ran for President of the United States as the nominee of the Libertarian Party in 1996 and 2000.

Early life and writing career

Harry Browne was born in New York City, New York to Cecil Margaret and Edson Bradford Browne, and resided in Franklin, Tennessee, at the time of his death. Following graduation from high school, Browne was drafted into the United States Army, in which he served for five years.

Browne worked as an investment adviser for much of his life. He came to prominence in 1970 with his first book, How You Can Profit From The Coming Devaluation, which correctly predicted the devaluation of the dollar and subsequent inflation. Browne's second book was 1973's How I Found Freedom In An Unfree World, which focused on maximizing personal liberty. This book became an instant classic in some libertarian circles. Some politically active libertarians, though, objected to his attitude of non-participation in politics, an attitude he himself changed later. You Can Profit from a Monetary Crisis was Browne's third book and reached #1 on the New York Times bestseller list. He continued to author books and articles on investing through the late 1990s and hosted an Internet radio call-in show. In all, Browne wrote 13 books and sold 2 million copies of his books.

Browne's books are popular with libertarians, "hard money" proponents, and survivalists.

More than just a political and economic mind, Harry also authored books and gave lectures on actively living a Libertarian lifestyle. His book How I Found Freedom In An Unfree World gave a detailed explanation of how one can bring Libertarian concepts to every aspect of their life. His posthumously released lecture series "Rule Your World" put these ideas in lecture format.

He advised people to structure their lives in a way that allows them freedom from social, economic, moral, and psychological entanglements. In the social sphere he taught about what he called the "identity trap" in which a person expects of others and themselves what is not in their nature. Instead, he taught how one should recognize one's nature and the nature of others, and then maximize the benefit that is there in reality, rather than wasting one's life trying to change oneself and others.

Harry continued on with a dozen or so of these "traps" and then gave a detailed explanation of how one can break out of these traps. He put values on all things, like what is the price it would take to remove a "trap", and is it worth the cost; putting values on all things from relationships to one's own worth as a friend, consumer, producer, becomes very valuable in making perfect sense of a complex world.

Presidential campaigns

Browne was the presidential nominee of the United States Libertarian Party in 1996 and 2000. He received 485,798 votes or 0.5% of the vote in 1996 and 384,516 votes or 0.4% of the vote in 2000. His campaign qualified for matching funds during each election but didn't accept them. Browne's refusal to accept matching funds won him expected praise from libertarians and those who are against the concept of federal matching funds, but also earned him somewhat greater exposure in the "mainstream" media, as very few American presidential candidates who qualified for matching funds refused them. In interviews, Browne had claimed he needed to be true to what he had preached in his libertarian speeches and that "it would be highly inappropriate for me to stick my nose in the trough after having denounced the Republicans and Democrats for doing so." During both of these elections, the Libertarian Party managed to get on the ballot in all fifty states and the District of Columbia. Browne did not appear on the 2000 Arizona ballot, however, as the Arizona Libertarian Party instead chose to run L. Neil Smith, whose candidacy was a protest against that of Browne.

Browne won a majority of the vote in the town of Searsburg, Vermont (pop. 96) in 2000.^{[citation needed]}

Controversy

Claims of wrongdoing within Browne's 1996 presidential campaign surfaced during his second run in 2000. In 2001, it was revealed that Perry Willis had worked on behalf of Browne's 1996 campaign while serving as national director of the Libertarian Party. To avoid potential conflicts of interest, party bylaws prohibit any party staffer from working for a campaign before a nominee is officially decided. After an investigation, the party leadership censured Willis and admonished Browne, who responded in detail to allegations surrounding the controversy.

Policy advocate

After the 2000 elections, Browne had continued working to increase the popularity of libertarian goals to reduce the size and scope of government. In addition to writing and making appearances on behalf of the Downsize DC Foundation (an organization he helped to co-found and for which he served as Director of Public Policy for a year and a half), he hosted two weekly network radio shows, one on Saturdays dealing with politics, which he often called “The Libertarian Conversation” (since listeners were encouraged to call in), and the other on Sundays, called "The Money Show", dealing with financial topics. Both of these radio programs were on the Genesis Communications Network. Browne also worked with the Free Market News Network, of which he was the President for much of 2005, and a Senior Political Analyst. Via Free Market News, he had his own internet-based television show called This Week In Liberty, which ran for 25 episodes.

Prior to his death, he was also working on a book called The War Racket: The Lies, Myths, and Propaganda that Feed the American War Machine. War, he contended, was just another government program, and was essentially flawed because "government never solves anything." According to Jim Babka, "As Harry explained to me, the book was unlike any other he had ever written. Harry was well-read in his history, but after starting on the project he realized that 'well-read’ wasn’t enough." According to Browne's wife, Pamela, he collected over 400 books, read almost all of them, and made copious notes. He was struggling with the book's structure at the time of his death.

Harry Browne also authored thousands of articles, most of which can be found on his website. He was also a contributor to the news and opinion blog LewRockwell.com, to Antiwar.com, and to World Net Daily. He published the financial newsletter Harry Browne Special Reports from 1974 to 1997.

A column he wrote titled “When Will We Learn” discussing the September 11 attacks persuaded Larry Elder to break with the Libertarian Party and join the Republican Party. Browne, however, always tried to make it clear that his opinions were his own, and not necessarily reflective of the Libertarian Party. It was his most-read column, ever, and was also published in foreign languages.^{[citation needed]}

According to Jim Babka, “Harry had warned that a day like [September 11, 2001] was coming and he was actually surprised that some of those who’d listened to him and supported him were shocked. He thought the anger should’ve been directed at the 'geniuses' who’d managed our nation’s foreign policy.”

Death

Browne suffered from MND (motor neuron disease) and FTD (frontal temporal dementia), more commonly known as amyotrophic lateral sclerosis (ALS) or Lou Gehrig's disease. During the year prior to his death he spent a considerable amount of time in the hospital and a wheelchair, but he continued to write, give speeches, and host an ETV (internet-based television) show called "This Week in Liberty with Harry Browne" on the Internet-based Free Market News Network. He died on the evening of March 1, 2006 at his home in Franklin, Tennessee with his devoted wife, Pamela, beside him. He was 72 years old. He is survived by his wife, Pamela Lanier Wolfe Browne, and his daughter, Autumn Lee Browne. He was eulogized in Congress by Representative Ron Paul.

Bibliography

(All book-descriptions come from the Books Page on Harry Browne's website.)

• How You Can Profit from the Coming Devaluation (1970) — "A clear and extensive explanation of how the government money system perverts the free market." ISBN 4-87187-321-8
• How I Found Freedom in an Unfree World (1973) — "How you can apply libertarian principles to your personal life to have greater freedom from those who would like to tell you how to live your life — whether the government, relatives, friends, or just nosey people."
• You Can Profit from a Monetary Crisis (1974) — "A clear and extensive explanation of how government intervention perverts the free market." ISBN 4-87187-322-6
• Harry Browne's Complete Guide to Swiss Banks (1976) — "A lot of useful information about Switzerland; however, the bank information is now outdated."
• New Profits from the Monetary Crisis (1978) — "An outdated explanation of the investment markets."
• Inflation-Proofing Your Investments (with Terry Coxon, 1981) — "The introduction of the Permanent Portfolio plan. The investments suggested have been superseded by the latest version of Fail-Safe Investing."
• Investment Rule #1 (privately published, 1985) — "What is the one investment rule you can rely on no matter what?"
• Why the Best-Laid Investment Plans Usually Go Wrong (1987) — "A critique of all the investment and speculative trading systems that purport to beat the markets. Guess what — none of them can be relied upon."
• The Economic Time Bomb (1989) — "The dangers that investors worry about, and how to be protected against all of them."
• Why Government Doesn’t Work (1995) — "Why all those government programs have failed to live up to the promises made when they were enacted — a program by program critique of government health care, education, crime control, foreign policy, and much more."
• Fail-Safe Investing (1998) — "How you can create a bulletproof portfolio you can walk away from — while protecting you from inflation, deflation, or recession, while allowing you to profit from prosperous periods."
• The Great Libertarian Offer (2000) — "A summary of how libertarian programs can solve America's problems."
• Liberty A to Z (2004) — "872 libertarian soundbites you can use right now."

Unfinished books

• The War Racket (unfinished before his death)

Posthumous collections

Since his death, Harry's wife Pamela has put together several collections of his speeches and writings in audio and e-book format.

• Investment Strategy in an Uncertain World
• Rule Your World!
• Freedom Speeches, Volume 1
• Freedom the American Way
• The Secret of Selling ~ Anything
• The War Racket - Part 1
• The War Racket - Part 2
• 99% of All You Need to Know About MONEY & its Effect Upon the Economy

See also

• U.S. presidential election, 1996
• U.S. presidential election, 2000

External links

• HarryBrowne.org
• DownsizeDC.org
• Downsize DC Foundation
• Free Market News Network
• Libertarian Party homepage
• When Will We Learn? September 12, 2001
• Washington Times, "Libertarian leader Browne dies at 72", March 3, 2006
• Harry Browne In Memoriam tribute page at Advocates for Self-Government

Party political offices
Preceded by Andre Marrou	Libertarian Party Presidential candidate 1996 (lost), 2000 (lost)	Succeeded by Michael Badnarik