Economics of a Pure Gold Standard

I still have a few pages left to read of this book, but I can tell you now this is the best book I've found (of 5 so far) on the topic of the gold standard.Skousen presents the facts behind the various gold standard ideas. He presents the opinions and criticisms of the top economists.I had pages of notes from my previous readings - almost all questions. Nearly all my questions are now answered. If you want to study the ideas behind the gold standard, I highly recommend you start with this book.You'll find that moving to a gold standard is not as easy as some would lead you to believe.

Very approachable text on the arguments for a gold standard. Also provides excellent perspectives on the economics underlying it.

Understandable by a layman. Very well written and informative. I would strongly recommend this book for those who would like to kmow more about the gold standard.

I do not know Professor Skousen, nor do I harbor any personal animus whatsoever against the gentleman. But his book is a classic case of *petitio pricipii* -- begging the question.The author comprehensively compares four proposals for *Fool's Gold Standards* -- all of which leave the FED cartel in place, illegally superintending American money and banking. Any book on an honest gold standard must inform readers of the LAW regarding American money. Article 1, Sections 8 and 10 of the U.S. Constitution stipulate that *only gold and silver coin* are lawful U.S. money. This is 5th grade civics.To leave in place the counterfeiting concession granted by Congress to a crime cartel using the fraudulent brand 'Federal Reserve', is to render any "gold standard" futile -- and of course still illegal.There is an aphorism holding that one can put ten economics PhDs in a room and give them a problem, and one will receive 20 mutually exclusive responses. Yet, a few economists got it right. For discussion of an honest gold standard, read Rothbard's  The Case Against the Fed  or his book  The Mystery Of Banking].For a more comprehensive analysis of the history, ethics, and mechanics of a true gold standard in international context, see Jesus Huerta de Soto's [[ASIN:1610161890 Money, Bank Credit, and Economic Cycles . In Chapter 9, Professor de Soto walks the reader through the steps required to restore any national money to a sound gold standard. Professor Huerta de Soto stands in the venerable tradition of the Salamanca School, precursor to the Austrian School of classical economics. Both schools offer two delightfully counter-cultural concepts for American economics: plain speaking, and honest dealing.Any gold standard must include a 100% reserve requirement against bank loans, but here in America, the law requires that Congress be directly responsible for *coining* our money and regulating its value, and it does not provide for abdication of that duty by Congress.This is 8th or 9th grade civics; no economics PhD required for these basic concepts in honesty and civics. Google the term "Exposing the Fool's Gold Standard" for a monograph offering more resources on this subject in American context.D.M. Zuniga, P.E.Founder, AmericaAgain! TrustAuthor, 'This Bloodless Liberty'*Paper 'U.S. Dollar' notes or even debit cards backed by *100% reserve* deposits of gold/silver would presumably comply.

I thought the book was very well put together, interesting and extremely informative as well as insightful. This is a subject which needs to be on everyone's radar because within the next few short years we WILL be seeing a paradigm shift in the global financial sector: a return to the gold standard. The more knowledge and research that is done into how this will be actually realized the better. 'The Economics of a Pure Gold Standard' is a must for people trying to make sense of the very deep and structural problems our economy and society are facing and will be forced to deal with sooner rather than later.

A technical analysis (written by a Phd in Economics) of a pure gold standard. Well written and very convincing.

Mark Skousen retient les thèses de l'Ecole Autrichienne d'économie pour défendre à juste titre le pur étalon-or. Ce petit livre contient l'ensemble des références nécessaires à la compréhension de l'authentique théorie monétaire avec l'essentiel des références historiques et d'auteurs.Une très bonne source pour aborder les questions monétaires nationales et internationales, en particulier en ce qui concerne l'importance de l'étalon-or en économie. Une bonne leçon d'économie monétaire dans la crise financière actuelle.