Gold Standard
goldenbricks

Krugman and the Goldbugs

– August 23, 2019

Many economists have strong opinions about the gold standard. Few seem to understand how a gold standard functions.

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Gold Standard
govgold

Is There Such a Thing as a Free-Market Gold Standard?

– July 31, 2019

Although the multiplication of national gold standards that gave rise to the classical gold standard was partly accidental and partly the outcome of deliberate legislation, market forces also played an important part in it.

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Gold Standard, Harwood Graduate Colloquium
goldbricks

The Workings of the Gold Standard

– July 8, 2019

Interventionist monetary policies, intending to lower interest rates to boost the economy or increase employment, are circumscribed.

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Gold Standard
rowsofgoldbars

The Gold Standard, FDR, and the Recovery of 1933

– April 18, 2019

In a recent NBER working paper, Margaret M. Jacobson, Eric M. Leeper, and Bruce Preston argue that FDR’s abandonment of the gold standard helped bring an end to the Great Depression.

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Gold Standard
fdrstatue

FDR’s Legacy of Interventionism

– April 10, 2019

FDR set the standard for future progressives who wished to exercise broad powers to mold the world as they think best.

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Gold, Gold Standard
goldstandard

Government, Gold, and Separating Money From the State

– October 24, 2018

Money did not originate in the laws or decrees of kings and princes. Money, as the generally accepted medium of exchange, emerged out of the market transactions of a growing number of buyers and sellers in an expanding arena of trade.

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Gold Standard
globalwar

Economic Nationalism Is a Terrible Response to the Currency War

– October 3, 2018

The way out of the dilemma and to resolve the problem that is posed by the existence of national currencies under state authority, is to use private money at a global scale. Gold once served this purpose and could again. Further, the new electronic monies, like Bitcoin for example, are not bound to a specific state or nation.  

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Gold Standard
goldbars

Governments and Central Banks Should Look to Gold Not Crypto

– August 7, 2018

The Fed should focus entirely on the soundness of the dollar and the banking system. Innovations like cryptocurrency and the growing infrastructure associated with it are the business of private enterprise, not government and official institutions.

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Gold Standard
gold-163519_1280

Much Ado About Nothing: Objections to the Classical Gold Standard

– July 6, 2018

The classical gold standard has gotten a raw deal in our historical memory. Setting the record straight is a crucial step on the road back to restoring sound.

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Gold Standard
gold-513062_640

The Economics of the Classical Gold Standard

– June 13, 2018

The era of monetary cosmopolitanism was brief. But its effect on human welfare was enormous.

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