The True Gold Standard (Second Edition)
If the U.S. economy is “fundamentally sound,” as Treasury Secretary Henry Paulson patriotically insisted before a Washington, D.C., housing conference last week, it’s a new kind of soundness.
Oct 20, 2014
Lawrence H. White is an economics professor at George Mason University who teaches graduate level monetary theory and policy. Lawrence White As described by the Wikipedia, "White earned his BA at Harvard University (1977) and PhD at the University of California at Los Angeles (1982). Before his current role at George Mason...
The Federal Reserve System's James Narron and David Skeie, career officials with the Federal Reserve System, are two eminent historically erudite figures. Writing in the New York Federal Reserve Bank's online publication, Liberty Street Economics, they recently provided a continuation of their valuable historical "revue," Crisis Chronicles: The Collapse of the...
Jul 23, 2014
An article headline in Saturday’s Wall Street Journalread “Rate Talk Heats Up Within The Fed.” As Journalreporters Jon Hilsenrath and Michael Derby...
Oct 08, 2013
Key Monetary Writings
"[The gold-exchange standard] was the outcome of an unbelievable collective mistake which, when people become aware of it, will be...
Why the Gold Standard?