The Theory and Brief History of the US Gold Standard

08/22/2020 Robert P. Murphy

Bob explains some of the highlights of his newly released chapter for the Mises Institute book on “Understanding Money Mechanics.” He explains the operation of the classical gold standard, as well as some of the issues of US bimetallism during the 1800s.

Mentioned in the Episode and Other Links of Interest:

Bob’s new essay on the gold standard
Bob’s book on capitalism #CommissionsEarned (as an Amazon Associate I earn from qualifying purchases)
Bob on the 1920–21 Depression

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