The current issue of Cato Journal has a load of articles on this topic, including “The Fed’s Road toward Greater Transparency,” by that hero of capitalism, Ben S. Bernanke. As noted by editor James Dorn, the papers are from a 2007 Cato “Monetary Conference,” the theme of which, “Monetary Arrangements in the 21st Century–raises important questions about the types of monetary regimes that best protect the value and stability of money while promoting economic freedom.”
What I find curious is why it would take 165 pages to say “gold standard.”
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Thanks for the laugh Kinsella !
Free banking
I’m surprised it’s mentioned at all.
Since fractional reserve banking is more libertarian than the gold standard and central banks are the most efficient state enterprises, why not?
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