Economics Questions

Re: Opposition to the gold standard

nuksukow — Thu, 31 Mar 2011 07:24:17 GMT

Thanks liberty student! That was a really helpful vid.

Re: Opposition to the gold standard

liberty student — Wed, 30 Mar 2011 21:03:32 GMT

Not concise, but definitely rigorous.

http://www.youtube.com/watch?v=rIgkbdT5V6w

Re: Opposition to the gold standard

nuksukow — Wed, 30 Mar 2011 20:51:20 GMT

Thanks for the excellent replies! Just what I was looking for.

Perhaps I should start another thread for this, but I'm also looking for concise summary of Say's Law vs. the "mainstream" interpretation.

Re: Opposition to the gold standard

Nielsio — Wed, 30 Mar 2011 14:11:55 GMT

xahrx:

http://mises.org/media/1410/The-Gold-Standard-in-Theory-and-Myth

Salerno does a good job of laying them out, and debunking them, here.

The Gold Standard in Theory and Myth (by Joseph Salerno)

(Please visit the site to view this media)

Also:

Division Of Labor and Money (by Hans-Hermann Hoppe)

(Please visit the site to view this media)

and

The Theory of Banking (by Hans-Hermann Hoppe)

(Please visit the site to view this media)

and

The Economics of Deflation (by Jörg Guido Hülsmann)

(Please visit the site to view this media)

From:

http://www.vforvoluntary.com/videos/money and http://www.vforvoluntary.com/videos/austrian-economics

Re: Opposition to the gold standard

xahrx — Wed, 30 Mar 2011 13:46:48 GMT

http://mises.org/media/1410/The-Gold-Standard-in-Theory-and-Myth

Salerno does a good job of laying them out, and debunking them, here.

Re: Opposition to the gold standard

Andris Birkmanis — Wed, 30 Mar 2011 07:20:53 GMT

The one I am hearing the most is maintaining stable prices. Some schools also believe in maintaining a trade-off between price inflation and unemployment.

Opposition to the gold standard

nuksukow — Wed, 30 Mar 2011 07:16:38 GMT

Since I had the good fortune of being exposed to sites like this before mainstream economic thought, I'm at a loss when it comes to understanding the arguments in favor of fiat currencies. I understand the basic argument for a gold standard or competing currencies, but what are the arguments against them? I'd like to gain a better understanding of the "opposition". Thanks.