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Monday, September 22, 2008

Gold Standard Debate

I have been invited to take the "NO" side in a debate regarding whether or not we should return to the gold standard. It is currently up and running on where I am pitted against Donald Luskin, a CNBC contributor. I think the case is open and shut but looking at the web site there are already objections to what I wrote. This is well and good as a healthy discussion of what we do and do not know is always a welcome guest at my house.

Having said this, we know what a disaster the gold standard was during the Depression. This is unquestioned in the economic literature. Where's the debate?

1 comment:

Andrew_Grodner said...

Could you post direct link to the discussion?