Gold

Archive for Gold

Outsourcing

This guy emailed me with some concerns about my recent gold standard essay, but I said I would outsource it to you folks. So if any of you want to reply to him, please do.

Not too much in the way of pathbreaking theory here for the old veterans, but you might add these to your rhetorical arsenal: One of the most absurd objections to returning to a gold standard is that “You can’t eat gold.” I am not making this up; Dave Leonhardt of the New York Times actually […]

Was the US Gold Standard a Promise, a Pledge, a Platitude…?

[UPDATE to the description of Mises’ views.] You gotta love the internet. In the comments of a previous post we have somehow begun a fierce debate over whether, in an alternative universe in which FDR didn’t confiscate gold coins under threat of 10-year prison sentences, “going off gold” would have amounted to theft. There’s analogical […]

More on the Selling Gold Controversy

Mish thinks the idea of the government auctioning off its gold is so self-evidently stupid, that he stated with complete confidence that the Sun must have confused Ron Paul with Heritage’s Ron Utt, or it misquoted Paul. There was no other possibility in his mind (read his Addendum). In contrast, Gary North not only believed […]

Bob Wenzel Is Golden

My post title is actually a little too conciliatory, because I don’t think Bob’s overall position holds up to scrutiny. But, I definitely misunderstood him in my previous post, and I can’t explain it myself. I was in a Connecticut airport about to board a flight that had been delayed by Air Force One (seriously, […]

Readings for the Vanderbilt Debate on Gold vs Fiat Money

Last night I had the debate (more of a conversation really) with Vanderbilt econ professor Mario Crucini. I promised the crowd that I would put some readings here on my blog to back up a few of the claims I was making… ==> Here is a “big picture” article summarizing my views on the gold […]

Exhibition Match: Murphy vs. Crucini on Gold vs. Fiat Money

I should clarify that Mario Crucini, a professor at Vanderbilt, is not a Keynesian. However, this Thursday at 5pm we will be debating the merits of a gold standard versus fiat money. The event is open to the public but it will not be recorded. You still have time to buy your plane tickets. DETAILS: […]

Ron Paul vs. NYT Guy on Colbert

HT2 Viresh Amin. The Colbert Report Mon – Thurs 11:30pm / 10:30c www.colbertnation.com Colbert Report Full Episodes Political Humor & Satire Blog</a> March to Keep Fear Alive The main argument from the NYT guy is that you can’t have a weak economy and rising prices at the same time. BTW this clip beautifully demonstrates the […]