The True Gold Standard (Second Edition)
Advisors: Lewis E. Lehrman
Lewis E. Lehrman has written widely about economic and monetary policy. He has co-authored the book Money and the Coming World Order (1976) with renowned MIT Economist Charles Kindleberger and others. Lehrman has written about economics in publications such as Harper's, The Washington Post, The New York Times, The Wall Street Journal, Weekly Standard, Crisis, Policy Review and National Review. His writings about monetary economics earned him an appointment by President Ronald Reagan to the Presidential Gold Commission in 1981. Along with Congressman Ron Paul, Lewis Lehrman collaborated on a minority report of the commission, which was published as The Case for Gold (1982).
Lehrman published seven volumes on “Rueff Monetary Economics” (The Collected Works of Jacques Rueff, 1997,Plon, in French). Jacques Rueff, the distinguished French monetary economist, established the monetary and economic plan of the Fifth French Republic, as President DeGaulle's chief financial advisor. The primary purpose of the plan was to restore economic prosperity, a stable French currency, and the end of French inflation by means of convertibility to gold of the French franc. Lehrman has been named to the advisory board of the American Principles Project’s Gold Standard 2012 initiative. He also heads the Gold Standard Now, a project of The Lehrman Institute, a public policy foundation that he founded in 1972.
Born in Harrisburg, Pennsylvania, August 15, 1938, he received his Bachelor of Arts degree at Yale University in 1960, after which he won a Carnegie Teaching Fellowship as an instructor on the Yale faculty. Subsequently, he received his master’s degree as a Woodrow Wilson Fellow from Harvard University. He chaired the Yale University Humanities Council. He was a recipient of the 2005 National Humanities Medal at the White House for his scholarly contributions, and in 2010, he received the William E. Simon Prize for Lifetime Achievement in Social Entrepreneurship. He also has been awarded Honorary Degrees from Babson College (Babson Park, MA), Gettysburg College (Gettysburg, PA), Lincoln College (Lincoln, IL), Marymount University (Arlington, VA) and Thomas Aquinas College (Santa Paula, CA).
Lehrman is the author of Lincoln at Peoria: The Turning Point, published in 2008, a history of Abraham Lincoln's antislavery campaign from 1854 to 1865. Doris Kearns wrote: “Lewis Lehrman's brilliant and elegant work dramatizes Lincoln's anti-slavery campaign…”. In addition to teaching a seminar on Abraham Lincoln at Gettysburg College, Lehrman lectures and writes on American history and economics including numerous newspaper and magazine articles about various national leaders including Abraham Lincoln, Alexander Hamilton, founding Supreme Court Justice James Wilson, and French economist Jacques Rueff.
Lehrman is presently senior partner of L. E. Lehrman & Co., an investment firm he established. He ran for Governor of New York in 1982, after his presidency of Rite Aid Corporation (1968-77). Nominated by both the Conservative and Republican parties of New York, Lehrman launched a campaign to rebuild New York. He narrowly lost to Mario Cuomo. In April of 1987, Lehrman joined Morgan Stanley & Company, investment bankers, as a Senior Advisor and a Director of Morgan Stanley Asset Management, and in 1988 became a Managing Director of the firm. He is a trustee of the New-York Historical Society, and has been a trustee of the American Enterprise Institute, NAACP Legal Defense Fund, the Manhattan Institute, the Morgan Library, and the Heritage Foundation among other groups.
Lewis and Louise Lehrman have five children and eleven grandchildren.
By Lewis E. Lehrman: