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James Grant on Gold
futureofcapitalism.com
James Grant gets a piece calling for restoration of the gold standard onto the Sunday New York Times op-ed page. Of course, as the New York Sun reminds us in an editorial, there's a long history of sensible monetary policy writing on the Times editorial page. It's amazing how swiftly an idea can move from the mainstream to the fringes and then back to the mainstream.
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Review of It Shines For All
futureofcapitalism.com
The New York Sun has brought out its editorials on the dollar and the gold standard as a book under the title It Shines For All. The editorials are preceded by a short introduction by James Grant, the editor of Grant's Interest Rate Observer, and they are followed by excerpts from the Coinage Act of 1792. The editorials are beautifully crafted and designed to make the point that, as one of them puts it, the gold standard "is not a flakey idea. On the contrary, it is fiat money that is the flakey idea."
Read More...
James Grant on Gold
futureofcapitalism.com
James Grant gets a piece calling for restoration of the gold standard onto the Sunday New York Times op-ed page. Of course, as the New York Sun reminds us in an editorial, there's a long history of sensible monetary policy writing on the Times editorial page. It's amazing how swiftly an idea can move from the mainstream to the fringes and then back to the mainstream.
Read More...
Review of It Shines For All
futureofcapitalism.com
The New York Sun has brought out its editorials on the dollar and the gold standard as a book under the title It Shines For All. The editorials are preceded by a short introduction by James Grant, the editor of Grant's Interest Rate Observer, and they are followed by excerpts from the Coinage Act of 1792. The editorials are beautifully crafted and designed to make the point that, as one of them puts it, the gold standard "is not a flakey idea. On the contrary, it is fiat money that is the flakey idea."
Read More...
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James Grant
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