<DIV>This is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Current dissatisfaction with floating rates of exchange has spurred interest in a return to a commodity standard. The studies in this volume...</div>

Until 1973 all money in use was either a commodity or was linked to one. In this comprehensive two volume reference work Anna J. Schwartz has brought together the key articles on the theme of commodity monies. This invaluable collection discusses the forms and standards of commodity monies,...

Paul Krugman's essay "Who Was Milton Friedman?" seriously mischaracterizes Friedman's economics and his legacy. In this paper we provide a rejoinder to Krugman on these issues. In the course of setting the record straight, we provide a self-contained guide to Milton Friedman's impact on modern...