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What's our gold standard?
I've just reread Eichengreen and Temin, The Gold Standard and the Great Depression, which does a great job of showing how the "gold mentality" - what they call mentalite, with an accent - paralyzed policymakers. (The longer-form version, with more personal color, is Liaquat Ahamad's Lords of ...
Russia backs return to Gold Standard to solve financial crisis
Russia backs return to Gold Standard to solve financial crisis
telegraph.co.uk — Russia has become the first major country to call for a partial restoration of the Gold Standard... to uphold discipline in the world financial system. (more) Russia backs return to Gold Standard to solve financial ...
The New California Gold Rush
The New California Gold Rush
nbclosangeles.com — Within an hour of downtown Los Angeles, people are seeking that one sure commodity."I'm here to find... gold," said Kevin Brown. "I'm a studio lighting technician in Hollywood, between the writers strike that happened last year, and the Screen Actors ... (more) The New California Gold Rush
Always the Gold Standard in Wingnuttery
lefarkins.blogspot.com — Shorter Erick Erickson : If laws requiring the use of environmentally safe dishwahser detergent aren't a good... reason to contemplate severe violence against government officials, I don't know what is. In addition, these kinds of state regulations ... (more) Always the Gold Standard in Wingnuttery
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Are We Handcuffed by Golden Fetters?
J. Bradford DeLong's Grasping Reality with All Eight Tentacles — ... What’s our gold standard?: I’ve just reread Eichengreen and Temin, The Gold Standard and the Great Depression, which does a great job of showing how the “gold mentality” — what they call mentalite, with an accent — paralyzed policymakers. (The longer-form version, with more personal color, is Liaquat Ahamad’s Lords of Finance.) What E&T show is that circa 1930 key decision-makers had spent so many years equating adherence to gold not just with prosperity, but with morality, decency, civilization itself, that they couldn’t even ...

Related: great depression
Lessons from the Great Depression IJ. Bradford DeLong's Grasping Reality with All Eight Tentacles
A perfect correlation among the G-5: the earlier you abandon the gold standard, the better you are doing in 1937. A 119-1 shot.