Silver’s $50 Moment
Mark Thornton explains why $50 silver is a psychological barrier.
Gold Standard
Displaying 1 - 10 of 452
Monetary Metals 101: How Gold and Silver Work in a Free Market
Gold and silver make sense—until government “helps.”
Sound Money in Medieval Italy
The quest for sound money is hardly a recent phenomenon. In 13th century Italy, two different gold monetary units competed with each other in the Medieval Italian economy.
Investing in Gold: It Makes Sense when Inflation Is High
The gold price is off and running this week. But, money creation isn’t listed as a cause.
How 1971 Broke the Economy—And Why Only Austrians Can Fix It
Nixon’s 1971 decision didn’t just close a gold window—it opened the door to a fiat future of perpetual inflation, asset bubbles, moral hazard, and chronic economic dysfunction.
Book Review: The Gold Standard: Retrospect and Prospect
Bob Murphy reviews The Gold Standard: Retrospect and Prospect. This is a useful collection for those who want an evenhanded analysis of the gold standard that extends to modern topics such as cryptocurrency and currency boards.
Book Review: The Gold Standard: Retrospect and Prospect
Patrick Newman reviews The Gold Standard: Retrospect and Prospect. The collection provides an honest assessment of the gold standard, highlighting both the strengths and limitations of the gold standard, while also addressing alternatives such as monetary rules and cryptocurrencies
Review Essay: Sound Money without Free Banking: Revisiting Economic Principles
The comparison between gold and bitcoin comes down to their respective qualities and how well these qualities answer to the purpose of money.
Capital Consumption
What happens when a society consumes its seed corn?
