The Private Mint In Economics: Evidence from American Gold Rushes (CMFA Working Paper No. 003)
Alt-M
Ideas for an Alternative Monetary Future
Alt-M
Ideas for an Alternative Monetary Future
More Articles
Close
The Resource Costs of Fiat Money Are Now Higher Than Those of a Gold Standard
Milton Friedman (1951, 1960) provided influential back-of-the-envelope estimates of the costs devoted to extracting gold under what he called a “strict” gold standard. I have...