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Posted: 11/2/2006 10:10:54 AM EDT
Can someone explain exactly what is the gold standard? and why we went off it? what are the pros and cons? any countries still on it?

thanks
Link Posted: 11/2/2006 10:22:35 AM EDT
[#2]
also try the following Google search strings:

"gold standard" site:.mises.org

"gold standard" site:.cato.org

hayek "gold standard"
(the 3rd result is an article whose abstract is available via ingentaConnect, a scholarly portal, if you will.  the article is from the scholarly journal "Managerial Finance")
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