The U.S. Embraced A Gold Standard For 182 Years, So Why Is It ‘Impossible’ Today?

In Full Archive by Nathan Lewis

The U.S. Embraced A Gold Standard For 182 Years, So Why Is It ‘Impossible’ Today? September 9, 2015 (This item originally appeared at Forbes.com on September 9, 2015.) http://www.forbes.com/sites/nathanlewis/2015/09/09/the-u-s-embraced-a-gold-standard-for-182-years-why-is-it-impossible-today/ The United States embraced the principle of a currency whose value was linked to gold …

Three Things About The Gold Standard That Everyone Should Know

In Full Archive by Nathan Lewis

Three Things About The Gold Standard That Everyone Should Know August 21, 2015. (This item originally appeared at Forbes.com on August 21, 2015.) http://www.forbes.com/sites/nathanlewis/2015/08/21/three-things-about-the-gold-standard-that-everyone-should-know/print/ George Selgin has been doing some excellent work at the Cato Institute’s new Center for Monetary Alternatives. One of his …

Parks and Squares 3: Squares

In Full Archive by Nathan Lewis

Parks and Squares 3: Squares August 16, 2015 We’re talking about public space in the Traditional City that is not streets. Mostly, these are parks and squares. There are a few forms that are not quite streets, parks or squares — perhaps a “promenade” …

Parks and Squares 2: Smaller and Closer

In Full Archive by Nathan Lewis

Parks and Squares 2: Smaller and Closer August 2, 2015 Last week, we laid out some basic propositions regarding parks: July 26, 2015: Parks and Squares 1) A city should consist of streets (perhaps 80% Narrow Streets for People, 17% Arterials, and 3% Grand …

Can A Government Finance Itself Simply By Issuing Money?

In Full Archive by Nathan Lewis

Can A Government Finance Itself Simply By Issuing Money? July 31, 2015 (This item originally appeared at Forbes.com on July 31, 2015.) http://www.forbes.com/sites/nathanlewis/2015/07/31/can-a-government-finance-itself-simply-by-issuing-money/ A popular notion these days, particularly among the “Modern Monetary Theory” types, is that a government can finance itself simply by …

Parks and Squares

In Full Archive by Nathan Lewis

Parks and Squares July 26, 2015 For a long time, I’ve been asserting that the basic building blocks of the Traditional City are Narrow Streets for People, amounting to perhaps 80% of all streets by length; 17% Arterials and 3% Grand Boulevards. Most of …

Greece Is On The Brink of Disaster — Or Raging Success

In Full Archive by Nathan Lewis

Greece Is On The Brink of Disaster — Or Raging Success July 12, 2015 (This item originally appeared at Forbes.com on July 12, 2015.) http://www.forbes.com/sites/nathanlewis/2015/07/12/greece-is-on-the-brink-of-disaster-or-raging-success/ The Greek government defaulted on its payment to the IMF, with wild popular support confirmed by a referendum. Huh? …

For Sale: Speakers

In Full Archive by Nathan Lewis

For Sale: This is the best speaker system I have ever owned. Alas, I will likely be moving soon, and it needs to find a new home. I would like to sell the complete system, so the next user can enjoy all the benefit …

Audio 2015

In Full Archive by Nathan Lewis

Audio 2015 July 5, 2015 Why do I write about my audio hobby? I sat on this piece for a while, because it is perhaps not so productive to publicly expose my oddball enthusiasms. Arguably, the whole thing is a waste of time — …

Greece: Planning the Bank Holiday

In Full Archive by Nathan Lewis

Greece: Planning the Bank Holiday June 25, 2015 (This item originally appeared at Forbes.com on June 25, 2015.) http://www.forbes.com/sites/nathanlewis/2015/06/25/greece-planning-the-bank-holiday/ Following a Greek government default, and possibly before then, Greek banks would likely be both insolvent and unable to make payments to creditors. What should …