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Mainstream economist and financial adviser Barton Biggs is a proponent of preparedness. In his 2008 book Wealth, War and Wisdom, Biggs has a gloomy outlook for the economic future, and suggests that investors take survivalist measures. In the book, Biggs recommends that his readers should "assume the possibility of a breakdown of the civilized infrastructure." He goes so far as to recommend setting up survival retreats: "Your safe haven must be self-sufficient and capable of growing some kind of food," Mr. Biggs writes. "It should be well-stocked with seed, fertilizer, canned food, medicine, clothes, etc. Think Swiss Family Robinson. Even in America and Europe, there could be moments of riot and rebellion when law and order temporarily completely breaks down."
Articles on the subject appeared in small-distribution libertarian publications such as The Innovator and Atlantis Quarterly. It was during this period that Robert D. Kephart began publishing Inflation Survival Letter (later renamed Personal Finance). For several years the newsletter included a continuing section on personal preparedness written by Stephens. It promoted expensive seminars around the US on similar cautionary topics. Stephens participated, along with James McKeever and other defensive investing, "hard money" advocates.