Unlike our distinction between a gold standard established and enforced by customary law and one established or enforced by means of legislation, Friedman's distinction between real and pseudo gold standards refers not to any difference in their legal foundations but only to the different forms of money involved in each.
It is for this reason that I regard the distinction between a gold standard resting on private contracts and one resting on statute law to be of more fundamental importance than Friedman's distinction between real and pseudo gold standards.
Isn't it perplexing that people who advocate a return to the gold standard are often against big government and supposedly pro-market?
Cleveland House in Edgerton and Southfield Court in Almondbury both received the new gold standard.
The gold standard programme is backed by NHS Kirklees, formerly the Kirklees Primary Care Trust, which is responsible for all health services delivered in the local community.
Also, the conventional wisdom views Britain as the dominant power that stabilized the classical gold standard and the Bank of England as the international lender of last resort.
Eichengreen emphasizes in place of the usual explanations (misaligned price levels and structural maladjustments) the debt-management problems of governments as the reason why it took so long to restore the gold standard after the First World War.
For example, he rejects the view that the Federal Reserve's restrictive monetary policy in 1928 led to the Great Depression, arguing that the onset of the Depression was due to "concurrent shifts in the economic policy in the United States and abroad, the gold standard as the connection between them, and the combined impact of U.
Little has been written beyond academic histories of the gold standard, but gold standard expert Paul Nathan fills that void for the first time
Written for beginning and professional investors, the book provides guidance on how a gold standard will strengthen the dollar, reduce debt, and help stabilize the economy, offering easily applied strategies for investing in gold now and in the future
As inflation creeps up, more and more talk will turn to returning to some version of the gold standard, and The New Gold Standard is the first major work to explicitly address the challenges and benefits of such a move.
Human BioSystems (HBS), (OTCBB:HBSC) a biomedical company focused primarily on biological preservation solutions for blood platelets and donor organs, announced today it has made advances in preserving donor organs that show favorable results when compared to current gold standard
Gold Standards Are "Words to Live By" For Employees of
With more than 26,000 employees at 54 Ritz-Carlton hotels and resorts around the world, the company's Gold Standards are known in languages from Balinese to Arabic.
All of these Gold Standards are reinforced not only when a hotel readies for opening, but on a regular basis at "Line Up," a morning meeting where a "Basic of the Day" is reviewed and discussed.