{"product_id":"gold-the-final-standard-9781733635530","title":"Gold: The Final Standard","description":"\u003cp\u003e\u003cem\u003eGold: the Final Standard\u003c\/em\u003e (2017) effectively forms a trilogy with \u003cem\u003eGold: the Once and Future Money\u003c\/em\u003e (2007) and \u003cem\u003eGold: the Monetary Polaris\u003c\/em\u003e(2013), between them describing the tools and concepts to understand money in all its forms. Here, the approach is historical: to document, in clear terms, humans' experience with gold-based money, and various forms of debased, devalued and floating currencies, from prehistory to the present day -- the Ancient World, Medieval Era, Bimetallic Era, Classical Gold Standard Period, Interwar Period, Bretton Woods, and today's Floating Currency Era. Along the way, a great many counterclaims are examined, in a manner that is necessarily brief, but, I hope, adequate to address the issues in an effective way.\u003c\/p\u003e\u003cp\u003e \u003c\/p\u003e \u003cp\u003eContriving hugely complex but still inadequate models and intricate statistical clouds of mythopoeic aggregates--giving each other Nobel prizes and other awards--economists laboriously try to explain what in Lewis' gripping history of the last six thousand years emerges as just another episode of monetary manipulation and debauchery. \"The primary innovation of the last century,\" he observes, \"has been to sprinkle spurious math upon these age old claims.\"\u003c\/p\u003e\u003cp\u003efrom the introduction by George Gilder, author of \u003cem\u003eThe Scandal of Money\u003c\/em\u003e (2016)\u003c\/p\u003e \u003cp\u003eThis profoundly important, impressively researched and fluidly written book explodes numerous myths and misunderstandings of the past and present that have led to so many destructive monetary policies. Modern economics will be forever altered, and we and future generations will be the richer for it.\u003c\/p\u003e \u003cp\u003eSteve Forbes, author of \u003cem\u003eMoney: How the Destruction of the Dollar Threatens the World Economy, and What We Can Do About It \u003c\/em\u003e(2014)\u003c\/p\u003e \u003cp\u003e\u003cem\u003eGold: The Final Standard\u003c\/em\u003e offers a magisterial overview of the history, and I hope, future of the gold standard. Meticulously researched and beautifully written, it should be mandatory reading for all students of the gold standard and especially its critics.\u003c\/p\u003e \u003cp\u003eKevin Dowd, Durham University, author of \u003cem\u003eAlchemists of Loss: How Modern Finance and Government Intervention Crashed the Financial System\u003c\/em\u003e (2010)\u003c\/p\u003e \u003cp\u003eNathan Lewis has a gift for distilling historical research and cogent analysis into pure monetary wisdom. In \u003cem\u003eGold: The Final Standard\u003c\/em\u003e, he once again challenges the status quo by questioning the omniscience of central bankers and sustainability of fiat money. No one does a better job of explaining both the theory and reality of monetary arrangements, both domestically and internationally; no one else lays out so clearly the practical choices between automatic versus discretionary systems, or fixed versus floating exchange rates.\u003c\/p\u003e \u003cp\u003eScholars will find much to relish in this fact-laden chronicle, the third in a trilogy. So, too, will those who appreciate delving deeply into the fundamental issues that determine monetary integrity and viability - all presented in the form of a compelling narrative. Lewis has done a great service in producing a book that effectively makes the case for adopting a gold-anchored international monetary system to serve as the foundation for a pro-growth economic agenda.\u003c\/p\u003e \u003cp\u003eJudy Shelton, author of \u003cem\u003eFixing the Dollar Now: Why U.S. Money Lost Its Integrity and How We Can Restore It\u003c\/em\u003e (2011)\u003c\/p\u003e\u003cbr\u003e","brand":"Canyon Maple Publishing LLC","offers":[{"title":"Default Title","offer_id":50922533781778,"sku":"9781733635530","price":21.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_8a91456b-10e5-4efb-a141-3a1b2443dbcc.jpg?v=1738931509","url":"https:\/\/surprise-castle.myshopify.com\/products\/gold-the-final-standard-9781733635530","provider":"Surprise Castle","version":"1.0","type":"link"}