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I provide a structured comparison of the nineteenth-century classical gold standard and the Euro, basing my analysis …, but in both cases such discipline was erratic. But whereas the gold standard was always a contingent monetary regime …, there is nothing contingent about Euro-area membership. Finally, the gold standard operated in a simpler political setting …
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: Afterword to Part III -- Part 4: Fixed-Rate Monetary Standards -- Chapter 13: Metallic Standards -- Chapter 14: Classical Gold …
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Zentralbanken, die nach dem 2. Weltkrieg begonnen und das Weltwährungssystem vom Goldstandard auf den Dollar umgesetzt hatte …" (Originaltitel), d.h. die Umkehr zu einem finanziellen Paradigma, in der das Gold wieder eine gröe︢re Rolle bezüglich der …
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money printing during World War I. Hayek viewed these nations as the culprits the gold standard's degradation whereas …Hayek's evolving thought on gold and the gold standard is complex and, at times, confusing. Hayek initially supported … the gold standard and paid special attention to those nations whose central banking policies he viewed as relatively loose …
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preferences. A simple game-theoretic macro model explains the working and the downfall of the gold standard, Bretton Woods and the …
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