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  Lipsky on Arthur Burns My former New York Sun partner and colleague Seth Lipsky has a lively book review in the Wall Street Journal of Inside the Nixon Administration: The Secret Diary of Arthur Burns, 1969-1974. Review of It Shines For All 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." Lipsky on Arthur Burns My former New York Sun partner and colleague Seth Lipsky has a lively book review in the Wall Street Journal of Inside the Nixon Administration: The Secret Diary of Arthur Burns, 1969-1974. Review of It Shines For All 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."
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