John Allen Pugsley (January 5, 1934 – April 8, 2011) was an American
voluntaryist libertarian
Libertarianism (from french: libertaire, "libertarian"; from la, libertas, "freedom") is a political philosophy that upholds liberty as a core value. Libertarians seek to maximize autonomy and political freedom, and minimize the state's e ...
political, economics commentator, lecturer, and best-selling author.
Early life
Pugsley was born in
Minnesota. He attended
El Camino Junior College, the
University of Florida, and graduated from
UCLA. After serving in the
U.S. Army, he spent a year cruising on a 38-foot sailboat, and another year living in
Mexico with his wife and children. He then returned to the U.S. and spent the next two decades as a businessman.
Career
In the late 1950s to mid 1960s Pugsley worked at General Dynamics – Astronautics Sycamore Canyon Rocket Test facility as a technical writer. Among other projects, he wrote countdown procedures for Atlas and Centaur Rocket tests.
In the late 1960s Pugsley entered the investment business, founded a publishing company, the Common Sense Press, and wrote his first book, ''Common Sense Economics''. It sold over 150,000 hardcover copies. His second book, ''The Alpha Strategy'' (1980), was on the
New York Times bestseller list for nine weeks in 1981. Pugsley distributed a PDF edition of the book free of charge (as of 2012, the author's domain has expired. A reposting of the PDF has been provided by fans). Even after 31 years in circulation as of 2012, ''The Alpha Strategy'' is considered a standard reference on stocking up on food and household goods as a hedge against
inflation. This has made it popular with
survivalists.
In ''Common Sense Economics'' Pugsley cites as influences
Murray Rothbard,
Henry Hazlitt, and
Ludwig von Mises, and subsequent works also cite
Andrew J. Galambos
Andrew Joseph Galambos (AJG) (born Ifj. Galambos József András; June 28, 1924 in Hungary – April 10, 1997 in Orange County, California) was an astrophysicist and philosopher who upheld the idea of a social structure that seeks to reconcile f ...
. In 1995 he authored an open letter to
Harry Browne advising him against running for
president; Pugsley's argument was based on the principles of
voluntaryism and
non-voting.
In 1975 he began a newsletter on economic and political events, ''Common Sense Viewpoint'' (1974), which had 30,000 subscribers at its peak. In 1988 he began publishing ''John Pugsley's Journal'', an investment-economic newsletter covering political, economic, and investment topics.
[A brief biography of John A. Pugsley](_blank)
In the mid-1970s, after reading
E.O. Wilson's book ''
Sociobiology: The New Synthesis'', Pugsley began to study evolutionary biology. As his study continued over the next 25 years, he founded The Bio-Rational Institute.
Pugsley was one of the founding members of The Eris Society. In 1997, he helped found The Sovereign Society, an international organization dedicated to maintaining and protecting its members' privacy, wealth and liberty. The society is primarily geared toward
expatriate relocation,
offshore banking and
trusts. Pugsley was the society's chairman at the time of his death and wrote a monthly column for its e-newsletter, ''The Sovereign Individual.'' In 2006, he founded "The Stealth Investor", a weekly e-letter stock advisory letter.
Later years and death
Near the end of his life, Pugsley lived in
Carlsbad, California
Carlsbad is a coastal city in the North County region of San Diego County, California, United States. The city is south of downtown Los Angeles and north of downtown San Diego. As of the 2020 census, the population of the city was 114,746. ...
,
and just before moving there he lived aboard a 50-foot sloop named ''Eris Island'' in the Abacos, Bahamas, with Kiana Delamare. Delamare has written for ''EscapeArtist.com''
[Life on Eris Island, part 3, Setting sail at long last: glorious days in the Bahamas](_blank)
and the ''International Living'' e-newsletter.
Pugsley died at age 77 on April 8, 2011.
LewRockwell.com (blog), April 8, 2011
Books authored
* ''Common Sense Economics'' (1974)
* ''The Metals Investors Handbook'' (1983)
* ''The Alpha Strategy: The Ultimate Plan of Financial Self-Defense for the Small Investor'' (1980)
* ''The Bank Book'' (1981)
* ''The Copper Play'' (1980)
* ''The Interest Rate Strategy'' (1982)
See also
* Retreat (survivalism)
In the survivalist subculture or movement, a retreat is a place of refuge. Sometimes their retreats are called a bug-out location (BOL), a bunker, or a bolt hole. Survivalist retreats are intended to be self-sufficient and easily defended. Gene ...
* Survivalism
* Self-sufficiency
Self-sustainability and self-sufficiency are overlapping states of being in which a person or organization needs little or no help from, or interaction with, others. Self-sufficiency entails the self being enough (to fulfill needs), and a self-s ...
* Voluntaryism
References
External links
The Stealth Investor
Reposted PDF of ''The Alpha Strategy''
The Eris Society
{{DEFAULTSORT:Pugsley, John
1934 births
2011 deaths
20th-century American male writers
20th-century American non-fiction writers
21st-century American male writers
21st-century American non-fiction writers
American economics writers
American finance and investment writers
American libertarians
American male bloggers
American bloggers
American male non-fiction writers
American political commentators
American political writers
People from Carlsbad, California
Survivalists
University of California, Los Angeles alumni
Voluntaryists
Writers from California
Writers from Minnesota