Two recent studies from the Cato Institute examine the history of the gold standard, and highlight some barriers to the idea of reinstituting a gold standard. In the first paper, economist George Selgin reviews the history of the gold standard in the United States and explains how it eventually came to an end. And in the second, economist Lawrence H. White reviews the most important arguments against the gold standard that have been made by economists and economic journalists in recent years.
- “The Rise and Fall of the Gold Standard in the United States,” by George Selgin
- “Recent Arguments against the Gold Standard,” by Lawrence H. White
- The Case for Gold, by Ron Paul and Lewis Lehrman