Published on Feb 18, 2014
Follow the link below to watch the full event:
http://www.cato.org/events/gold-monet…
http://www.cato.org/events/gold-monet…
Featuring the author Nathan
Lewis, Forbes; with an introduction by Steve Forbes, Chairman and
Editor-in-Chief of Forbes Media; with comments by Lawrence White,
Professor of Economics, George Mason University; moderated by Mark
Calabria, Director, Financial Regulation Studies, Cato Institute.In this sequel to Gold: the
Once and Future Money, Nathan Lewis describes the theoretical basis of
gold-standard monetary systems. Lewis argues that the pre-1913 world
gold standard system was perhaps the most successful monetary system the
world has ever seen, enabling high levels of economic growth.
Descriptions of both Britain’s economic rise under the gold standard and
the United States’ rise to economic prominence under gold are also
discussed. Lewis offers the technical details necessary to implement and
maintain a gold-standard system. Join us for a lively discussion of
monetary history and a glance into one possible monetary future.Video produced by Blair Gwaltney.
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