Saturday, December 20, 2014

Lord Keynes — Huerta de Soto gets it Wrong on the Gold Standard

In short, the idea that under the gold standard the industrial nations “generated the greatest increase in prosperity in history” at any time before or since is untrue, and is nothing but a libertarian myth.
Social Democracy For The 21St Century: A Post Keynesian Perspective
Huerta de Soto gets it Wrong on the Gold Standard
Lord Keynes

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