Goldwin Smith’s Dire Warnings About Paper Money Matter More Than Ever

09/17/2026 Notes in the Margin Joshua D. Glawson

Long before Ludwig von Mises wrote The Theory of Money and Credit and Socialism, Goldwin Smith was sounding the warning about paper money.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

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Meet the Writer

Joshua D. Glawson

Joshua D. Glawson is a writer on several topics including politics, philosophy, economics, and precious metals. Joshua...

Goldwin Smith’s Dire Warnings About Paper Money Matter More Than Ever

09/17/2026 Notes in the Margin Joshua D. Glawson

Long before Ludwig von Mises wrote The Theory of Money and Credit and Socialism, Goldwin Smith was sounding the warning about paper money.

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