Category: Monetary Policy

  • The Gold Standard Versus Democracy

    Reading Time: 12 minutesI had planned to write a simple article explaining how the gold standard works but I ran into a few problems.  One problem is that there is no single gold standard.  The prewar gold standard was the model for the interwar gold standard but the interwar standard never really worked. And the…

  • The Reserve Currency and Globalization

    Reading Time: 7 minutesThe Movement for a People’s Party recently published their platform, which includes the key issues in the 2016 campaign. This makes it possible to discuss each point on this platform in the context of the particulars of American policy making. In this post I want to talk about the entry, ‘Reigning in…

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