Highlighted by michael burry and Tucker carlson
Months on Amazon's Top Ten List of Best-Selling Economic Inflation Books
"There's no finer book on the inflationary process than Dying of Money."
--Jim Puplava, President, FinancialSense.com
a brief history
Ronald H. Marcks (Jens O. Parsson) wrote Dying of Money in 1974, at the height of the raging double-digit inflation, analyzing its causes and accurately predicting its future. He self-published the book (using Wellspring Press as the name of the publisher) under the pen name Jens O. Parsson, because he felt, at the time, that his theories were radical enough to offend either people at his law firm, or their clients, or both. He sold just a thousand or so copies, fulfilling them himself.
In the 1980s, The Wall Street Journal published his essay on the financing gap in Social Security, and in the early 2000s Dying of Money was discovered and lauded by financial analysts and economists for its deep insights into systemic inflation.
In the summer of 2010, Ambrose Evans-Pritchard at The Telegraph published an article about London bankers scrambling to locate copies of Dying of Money. Decades after he wrote the book, and long after Ron thought his book had been forgotten, the world is recognizing his prescient thesis.
in the news
Dr. Michael Burry
Boston Consulting Group
The Telegraph
about
Ronald H. Marcks, 1931-2021
Ronald H. Marcks was born December 4, 1931, in New Haven, CT, to Henry J. and Mildred Perinchief Marcks. He graduated from East Orange, NJ High School and Dartmouth College (Phi Beta Kappa, 1952).
After serving as a Navy pilot, commanding a 4-engine P2V-Neptune in Squadron VP24, he spent a year at Eastman Kodak Company before attending Harvard Law School (1960). He joined the Boston law firm Goodwin, Procter & Hoar, married Barbara Wye in 1968, and became a partner in 1969. He then worked at Norton Company in Worcester, MA as General Counsel.
In 1974, under the pen name Jens O. Parsson, he wrote Dying of Money, which continues as a respected and best-selling study of inflation.
Ron was involved in a number of professional and charitable organizations, with special interests in conservation, libraries, and The College Light Opera in Falmouth, MA. He flew his own airplane for 10 years, and loved classical music and opera (particularly Gilbert & Sullivan), carpentry, photography, swimming, and the New England Patriots. He carried on a scholarly interest in economics and history all his life.
After several years of declining health, Ron died on Monday, March 22, 2021.
articles & interviews
