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Economics of a Pure Gold Standard Paperback – 1996

4.5 out of 5 stars 6 customer reviews

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Editorial Reviews


"A much neglected but important work." --Murray N. Rothbard

"Mark Skousen has emerged as one of the clearest writers on all matters economic today, the next Milton Friedman." --Michael Shermer, Scientific American

"Mark Skousen has a genius for explaining complex issues in a clear way and connecting ideas. He is the Henry Hazlitt of our time." --Steve Mariotti, President, NFTE

About the Author

Mark Skousen is a university professor, professional economist, financial adviser, best-selling author and entrepreneur. His best-selling books include "The Big Three in Economics: Adam Smith, Karl Marx and John Maynard Keynes," "The Making of Modern Economics," and "Investing in One Lesson." He has edited the award-winning "Forecasts & Strategies" for almost 30 years. Skousen regularly appears on CNBC's Kudlow & Company, Fox New's Glenn Beck show and The Strategy Room, as well as other TV and radio shows. He produces the liberty conference "FreedomFest," the world's largest gathering of free minds, each July in Las Vegas. Grantham University recently renamed its business school the "Mark Skousen School of Business," in honor of his many accomplishments.

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Product Details

  • Paperback: 168 pages
  • Publisher: Foundation for Economic Education; 3rd edition (1996)
  • Language: English
  • ISBN-10: 1572460520
  • ISBN-13: 978-1572460522
  • Product Dimensions: 0.5 x 5.8 x 8.5 inches
  • Shipping Weight: 8 ounces
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon Best Sellers Rank: #4,068,880 in Books (See Top 100 in Books)

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Top Customer Reviews

Format: Paperback Verified Purchase
I still have a few pages left to read of this book, but I can tell you now this is the best book I've found (of 5 so far) on the topic of the gold standard.

Skousen presents the facts behind the various gold standard ideas. He presents the opinions and criticisms of the top economists.

I had pages of notes from my previous readings - almost all questions. Nearly all my questions are now answered. If you want to study the ideas behind the gold standard, I highly recommend you start with this book.

You'll find that moving to a gold standard is not as easy as some would lead you to believe.
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Format: Paperback
I thought the book was very well put together, interesting and extremely informative as well as insightful. This is a subject which needs to be on everyone's radar because within the next few short years we WILL be seeing a paradigm shift in the global financial sector: a return to the gold standard. The more knowledge and research that is done into how this will be actually realized the better. 'The Economics of a Pure Gold Standard' is a must for people trying to make sense of the very deep and structural problems our economy and society are facing and will be forced to deal with sooner rather than later.
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Format: Paperback
I do not know Professor Skousen, nor do I harbor any personal animus whatsoever against the gentleman. But his book is a classic case of *petitio pricipii* -- begging the question.

The author comprehensively compares four proposals for *Fool's Gold Standards* -- all of which leave the FED cartel in place, illegally superintending American money and banking. Any book on an honest gold standard must inform readers of the LAW regarding American money. Article 1, Sections 8 and 10 of the U.S. Constitution stipulate that *only gold and silver coin* are lawful U.S. money. This is 5th grade civics.

To leave in place the counterfeiting concession granted by Congress to a crime cartel using the fraudulent brand 'Federal Reserve', is to render any "gold standard" futile -- and of course still illegal.

There is an aphorism holding that one can put ten economics PhDs in a room and give them a problem, and one will receive 20 mutually exclusive responses. Yet, a few economists got it right. For discussion of an honest gold standard, read Rothbard's The Case Against the Fed or his book The Mystery Of Banking].

For a more comprehensive analysis of the history, ethics, and mechanics of a true gold standard in international context, see Jesus Huerta de Soto's [[ASIN:1610161890 Money, Bank Credit, and Economic Cycles
. In Chapter 9, Professor de Soto walks the reader through the steps required to restore any national money to a sound gold standard.
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