Nation's Prosperity Quotes
For hundreds of years most people of the world believed this. In the latter half of the 20th century, however, a very small nation, Israel, not only defended itself against nations many times their size but did so against the attacks of all of them together. The Israelis became so powerful that many in the world began to rethink the Gervaise principle and placed more value on the educational and technological competence of a nation. Modern technology eliminated the criticality of population size.
President Richard Nixon, a conservative Republican did not agree with this view as it was he who led America to abandon the gold standard to back its money.