Gold: The Once and Future Money
by Nathan Lewis
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Description
For most of the last three millennia, the world's commercial centers have used one or another variant of a gold standard. It should be one of the best understood of human institutions, but it's not. It's one of the worst understood, by both its advocates and detractors. Though it has been spurned by governments many times, this has never been due to a fault of gold to serve its duty, but because governments had other plans for their currencies beyond maintaining their stability. And so, says show more Nathan Lewis, there is no reason to believe that the great monetary successes of the past four centurie show lessTags
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Member Reviews
Nathan Lewis, an avid believer of the benefits of the Gold Standard & Low taxes, presents his view of what money fundamentally is, and the misunderstandings of a political economy and how they lead to the mismanagement of money. He offers concrete examples of periods of calm and crises contrasting the Gold Standard with the current Floating system. He puts the current 35+ year old floating system's relative youth into perspective, while attempting to debunk common misunderstandings about the Gold Standard.
Completely changed my view of value, currencies, and monetary history. He references a number of notable historic persons and their works, good starting points for my continued look into monetary economics.
Completely changed my view of value, currencies, and monetary history. He references a number of notable historic persons and their works, good starting points for my continued look into monetary economics.
Nathan Lewis: chief economist, writer, asset manager
Pros: fascinate read; comprehensive treatment of the subject.; debunked many commonly-held misinformation and economic mantra
Cons: lack of in-depth analysis to many events in the later chapters; a bit too much reductionism (contributing all explanations to stable currency and tax)
Pros: fascinate read; comprehensive treatment of the subject.; debunked many commonly-held misinformation and economic mantra
Cons: lack of in-depth analysis to many events in the later chapters; a bit too much reductionism (contributing all explanations to stable currency and tax)
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Author Information
6 Works 96 Members
Classifications
- Genres
- Economics, Nonfiction, Business, General Nonfiction, History
- DDC/MDS
- 332.4 — Society, government, & culture Economics Banking & Money Money
- LCC
- HG230.3 .L48 — Social sciences Finance Finance Money
- BISAC
Statistics
- Members
- 68
- Popularity
- 459,645
- Reviews
- 2
- Rating
- (3.92)
- Languages
- English
- Media
- Paper, Ebook
- ISBNs
- 6






















































