The godfather of modern economics, John Maynard Keynes, dismissed the concept of gold as money—the gold standard—as a “barbarous relic.” Another economics titan, Nobel Prize-winner Milton Friedman, ...

For most of the 182 years between 1789 and 1971, the United States embraced the principle of a dollar linked to gold — at first, at $20.67/oz., and then, after 1933, $35/oz. Nearly every economist ...

We are now in the middle of the holiday season. Therefore, I will refrain from writing about heavy and depressing issues like the Thai economy and the outlook for 2026 and beyond. In this moment of ...

— -- Talking about the monetary system these days requires using unimaginably large numbers, such as $1 trillion, the total U.S. currency in circulation, and $10.9 trillion, the U.S. government ...

"The gold standard has returned to mainstream U.S. politics for the first time in 30 years," say Robin Harding and Anna Fifeld at The Financial Times. The GOP is preparing to include a "gold ...

Once upon a time, you could reach into your wallet, pull out paper money known as a gold certificate and ask your bank teller to please redeem its value in gold. The advantage to such a system? It was ...

The gold standard as it existed under the Bretton Woods system until 1971 is likely never coming back. There are a myriad of reasons for this but the most important lie with the US government’s ...

Sorry, gold bugs -- Robert Zoellick doesn't want a return to using the metal as a global currency standard, after all. I don't believe you can return to a fixed ...

The Gold Standard is among the most influential systems in world economic and financial history. In simple terms, the Gold Standard is a monetary system where the value of a country's currency is ...

The gold standard is a monetary system under which all forms of currency may be converted, on demand, into a fixed amount of gold. In the latter half of the 19th century, many of the world’s major ...