– March 2, 2011

“Nothing seems to arouse passions—pro and con—quite like suggestions that gold should once again play a role in our money. “Only gold is money,” says one side. “It’s a barbarous relic,” says the other. Let’s turn down the heat a bit and look into some propositions about gold. That should lead us to some reasonable ideas about whether or how gold might return.” Read more

“Gold and Money” 
Warren Gibson
The Freeman, March 2011, Vol. 61, Issue 2. 
Via the Foundation for Economic Education. 

Image by Filomena Scalise / FreeDigitalPhotos.net.

Tom Duncan

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