How Paul Volcker Saved the Dollar: A Rule

Originally posted on Tuesday, April 9th, 2013 “It is fair to say that my style… is to search out a rule or indicator to supply discipline.”  — Paul Volcker Journalist Steven Solomon provided the world with an intense close up of monetary policy...

Gladiators: Gold vs. Silver

Originally posted on Thursday, April 4th, 2013 BestThinking.com recently unearthed an excellent  cover of Puck Magazine by Louis Dalrymple, illustrating the political tussle between the gold standard — formally enacted on March 14, 1900 — and the...

The Gold Standard and Full Employment

Originally posted on Tuesday, April 2nd, 2013 The very heart of the matter of the gold standard resolves to one very simple, and critical, issue. Is the gold standard good or bad for the creation of abundant good jobs, and, thus, good for working people and the middle...