Gold Standard

Duncan Weldon of the  London <em>Guardian</em> provides a highly useful summary of the Keynesian case — a fine mixture of familiar old canards and creative new errors.

Austrians wish to extend their laissez-faire views to the creation and sale of a specific commodity: money.

The euro has ended monetary nationalism and is acting, even if only timidly, as a "proxy" for the gold standard.

The gold standard prevents the authorities from engaging in reckless money pumping.

To ascertain what inflation is all about, we have to establish its definition.

Any attempt at restoring monetary freedom must be part of a comprehensive plan to roll back government.

In many countries the emergence of the gold standard was effected by the operation of Gresham's law.

The question if 2012 is 1980 all over again tells us why returning to gold is imperative.

A priori theory shows us that deviating from the sound-money principle leads to disastrous economic, social, and political damage.