Friday, October 24, 2014

Larry White’s Baffling Interview on the Gold Standard

http://bastiat.mises.org/2014/10/larry-whites-baffling-interview-on-the-gold-standard/

In his recent three-part interview (here, here and here) on the gold standard, Larry White perplexes almost as much as he enlightens.  Let’s critically review  his responses to a few of the interviewer’s questions.
First, when queried about evolution of the discussion of the gold standard among classical liberals including Austrian economists as well as in academia more broadly, the general literature, and policy institutes, White expresses general optimism.  He concludes his answer with some observations about policy institutes:

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