Old Gravy Train – Page 68 – Old Gravy Train

Book Review: The Gold Standard: Retrospect and Prospect

August 26, 2025

Bob Murphy reviews The Gold Standard: Retrospect and Prospect.

What began as a banner day for stocks turned into a major rout, as investors signaled ongoing...

Dr. Robert Murphy explains why America’s chronic trade deficits trace to Nixon’s 1971 gold...

Dr. Wanjiru Njoya explains how “phony civil rights” expand state power at the expense of...

Dr. Jeffrey Herbener explains why “Crusoe economics” isn’t a caricature but the indispensable...

Bob revisits capital and interest theory to show why the textbook result “interest = MPK” only...

Seven “economic sins” share one root: monetary inflation—fueling higher prices, inequality,...