The History of “Gold” Is Really the History of the Gold/Silver Complex

In Full Archive by Nathan Lewis

The History of “Gold” Is Really the History of the Gold/Silver Complex December 26, 2015 (This item originally appeared at Forbes.com on December 26, 2105.) http://www.forbes.com/sites/nathanlewis/2015/12/26/the-history-of-gold-is-really-the-history-of-the-goldsilver-complex/ Sometimes, funny-money promoters like to dangle the idea that the “gold standard,” in U.S. or world history, was …

Money and Credit 2: Credit

In Full Archive by Nathan Lewis

Money and Credit 2: Credit December 13, 2015 “Money and credit” have tended to be mishmashed together, but they are very distinct. This confusion stems from the common practice of banks in the past (mostly before 1914) to both issue currency and also make …

40 Out Of 40 Economists Agree: The Monetary System That Made America Great Is Nonsense

In Full Archive by Nathan Lewis

40 Out Of 40 Economists Agree: The Monetary System That Made America Great Is Nonsense December 10, 2015 (This item originally appeared at Forbes.com on December 10, 2015.) http://www.forbes.com/sites/nathanlewis/2015/12/10/40-out-of-40-economists-agree-the-monetary-system-that-made-america-great-is-nonsense/ For 182 years – 1789 to 1971 – the United States embraced the principle of …

Let’s Meet The (Wildly Diverse) Gold Standard Family

In Full Archive by Nathan Lewis

Let’s Meet The (Wildly Diverse) Gold Standard Family December 3, 2015 (This item originally appeared at Forbes.com on December 3, 2015.) http://www.forbes.com/sites/nathanlewis/2015/12/03/lets-meet-the-gold-standard-family/ Anyone who investigates the topic of gold-based money for a little while soon runs into an incredible diversity of opinion, accompanied by …

Let’s Resolve the Gold Standard “Deflation” Fallacy

In Full Archive by Nathan Lewis

Let’s Resolve the Gold Standard “Deflation” Fallacy November 21, 2015 (This item originally appeared at Forbes.com on November 21, 2015.) http://www.forbes.com/sites/nathanlewis/2015/11/21/lets-resolve-the-gold-standard-deflation-fallacy/ Among the various things you hear about gold standard monetary systems — the monetary approach that the United States embraced for nearly two …

Greg Ip Gets It Wrong: What A Gold Standard Really Was, And Could Be

In Full Archive by Nathan Lewis

Greg Ip Gets It Wrong: What A Gold Standard Really Was, And Could Be November 13, 2015 (This item originally appeared at Forbes.com on November 13, 2015.) http://www.forbes.com/sites/nathanlewis/2015/11/13/greg-ip-gets-it-wrong-what-a-gold-standard-really-was-and-could-be/ Wall Street Journal economics reporter Greg Ip took on the topic of what a gold standard …

Money and Credit #1: Money

In Full Archive by Nathan Lewis

Money and Credit #1: Money November 8, 2015 I wanted to address some notions that you often see regarding banks and the banking system. Do banks print money, and then lend it out? They did once, but not any more. Today, the only producers …

Intellectual Support For Gold-Based Money Is Now Leading To Political Support

In Full Archive by Nathan Lewis

Intellectual Support For Gold-Based Money Is Now Leading To Political Support November 5, 2015 (This item originally appeared at Forbes.com on November 5, 2015.) http://www.forbes.com/sites/nathanlewis/2015/11/05/intellectual-support-for-gold-based-money-is-now-leading-to-political-support/print/ Around this time last year, I remarked on how far we had come in providing real intellectual support for …

Russia’s Central Bank Might Be Getting A Clue After All

In Full Archive by Nathan Lewis

Russia’s Central Bank Might Be Getting A Clue After All October 23, 2015 (This item originally appeared in Forbes.com on October 23, 2015.) http://www.forbes.com/sites/nathanlewis/2015/10/23/russias-central-bank-might-be-getting-a-clue-after-all/ From time to time I like to see if there is any evidence that Russia’s central bank is getting a …

Parks and Squares 4: Smaller Squares

In Full Archive by Nathan Lewis

Parks and Squares 4: Smaller Squares October 11, 2015 I’ve been describing the basic elements of Traditional City design. They are: Streets (mostly Narrow Streets for People), Parks, and Squares. Parks and Squares should have names, which include the words “park” or “square.” There …