Gold: the Monetary Polaris

Gold: the Monetary Polaris
Author: Nathan K. Lewis
Publisher:
Total Pages: 292
Release: 2013-08-17
Genre: Business & Economics
ISBN: 9781490411958

"In this sequel to 'Gold: the Once and Future Money,' Lewis describes further the Classical theoretical basis of gold standard monetary systems. The pre-1913 world gold standard system was perhaps the most successful monetary system the world has ever seen, enabling the incredible economic successes of that time. Britain used a gold standard system for over two hundred years, and gained the world's largest empire of the 19th century. During the 20th century, the United States stuck with a gold standard, and rose to global prominence. The technical understanding needed to implement and maintain gold standard systems is explained in full detail."--P. [4] of cover.

Gold

Gold
Author:
Publisher:
Total Pages:
Release: 2013-10
Genre:
ISBN: 9781733635547

Gold

Gold
Author: Nathan Lewis
Publisher: John Wiley & Sons
Total Pages: 372
Release: 2012-06-12
Genre: Business & Economics
ISBN: 1118428684

For most of the last three millennia, the world’s commercial centers have used one or another variant of a gold standard. It should be one of the best understood of human institutions, but it’s not. It’s one of the worst understood, by both its advocates and detractors. Though it has been spurned by governments many times, this has never been due to a fault of gold to serve its duty, but because governments had other plans for their currencies beyond maintaining their stability. And so, says Nathan Lewis, there is no reason to believe that the great monetary successes of the past four centuries, and indeed the past four millennia, could not be recreated in the next four centuries. In Gold, he makes a forceful, well-documented case for a worldwide return to the gold standard. Governments and central bankers around the world today unanimously agree on the desirability of stable money, ever more so after some monetary disaster has reduced yet another economy to smoking ruins. Lewis shows how gold provides the stability needed to foster greater prosperity and productivity throughout the world. He offers an insightful look at money in all its forms, from the seventh century B.C. to the present day, explaining in straightforward layman’s terms the effects of inflation, deflation, and floating currencies along with their effect on prices, wages, taxes, and debt. He explains how the circulation of money is regulated by central banks and, in the process, demystifies the concepts of supply, demand, and the value of currency. And he illustrates how higher taxes diminish productivity, trade, and the stability of money. Lewis also provides an entertaining history of U.S. money and offers a sobering look at recent currency crises around the world, including the Asian monetary crisis of the late 1990s and the devastating currency devaluations in Russia, China, Mexico, and Yugoslavia. Lewis’s ultimate conclusion is simple but powerful: gold has been adopted as money because it works. The gold standard produced decades and even centuries of stable money and economic abundance. If history is a guide, it will be done again. Nathan Lewis was formerly the chief international economist of a firm that provided investment research for institutions. He now works for an asset management company based in New York. Lewis has written for the Financial Times, Asian Wall Street Journal, Japan Times, Pravda, and other publications. He has appeared on financial television in the United States, Japan, and the Middle East.

Gold

Gold
Author: Nathan Lewis
Publisher:
Total Pages: 310
Release: 2017-05-30
Genre: Business cycles
ISBN: 9781544619446

An eBook in .pdf is available at: newworldeconomics.com. This is the third book on the topic of gold-based monetary systems by Nathan Lewis, following Gold: the Once and Future Money (2007) and Gold: the Monetary Polaris (2013). It builds upon the principles expressed in those first two books, and takes a historical approach to humans' long experience with gold- and silver-based monetary systems.

Life After Capitalism

Life After Capitalism
Author: George Gilder
Publisher: Simon and Schuster
Total Pages: 226
Release: 2023-05-30
Genre: Business & Economics
ISBN: 1684512247

For more than two hundred years, capitalism spread wealth around the globe, bringing unprecedented prosperity and progress, liberating human potential. But something has gone terribly wrong in the world economy. The bestselling futurist and venture capitalist George Gilder explains why economics is not an incentive system to be manipulated but an information system to be freed. Material resources are essentially as plentiful as the atoms of the universe. What drives economic growth in a free market is our limitless human ingenuity and creativity.

Financial Services in the Twenty-First Century

Financial Services in the Twenty-First Century
Author: John JA Burke
Publisher: Springer Nature
Total Pages: 224
Release: 2021-07-05
Genre: Business & Economics
ISBN: 3030639673

This textbook covers financial systems and services, particularly focusing on present systems and future developments. Broken into three parts, Part One establishes the public institutional framework in which financial services are conducted, defines financial service systems, critically examines the link between finance, wealth and income inequality, and economic growth, challenges conventional paradigms about the raison d’être of financial institutions and markets, and considers the loss of US financial hegemony to emerging regional entities [BRICS]. Part Two focuses on financial innovation by explaining the impact of the following technologies: cryptography, FinTech, distributed ledger technology, and artificial intelligence. Part Three assesses to what extent financial innovation has disrupted legacy banking and the delivery of financial services, identifies the main obstacles to reconstructing the whole financial system based upon “first principles thinking”: Nation State regulation and incumbent interests of multi-national companies, and provides a cursory description of how the pandemic of COVID-19 may establish a “new normal” for the financial services industry. Combining rigorous detail alongside exercises and PowerPoint slides for each chapter, this textbook helps finance students understand the wide breadth of financial systems and speculates the forthcoming developments in the industry. A website to serve as a companion to the textbook is available here: www.johnjaburke.com.

Inflation

Inflation
Author: Steve Forbes
Publisher: Encounter Books
Total Pages: 141
Release: 2022-04-19
Genre: Business & Economics
ISBN: 1641772441

Inflation: What It Is, Why It’s Bad, and How to Fix It explains what’s behind the worst inflationary storm in more than forty years—one that is dominating the headlines and shaking Americans by their pocketbooks. The cost-of-living explosion since the COVID pandemic has raised alarms about a possible return of a 1970’s-style “Great Inflation.” Some observers even fear a descent into the kind of Weimar-style hyperinflation that has torn apart so many nations. Is this true? If so, what should be done? How should we prepare for the future? Inflation answers these and other questions in an engaging discussion that draws on the singular expertise of Steve Forbes, chairman of Forbes Media, acclaimed for his insights on money and the economy; Nathan Lewis, internationally renowned expert on money and taxation; and author and journalist Elizabeth Ames. The authors say that today’s problems can be solved by discarding longstanding beliefs that helped bring on the current crisis. They include the notion that central banks can create prosperity through artificially creating money “out of thin air,” and also that economic “stability” requires “a little inflation.” Such ideas for decades have been Holy Writ in official Washington. Inflation shows why they are misguided. The book also explains why the current rage for heedless money-printing advocated by left-wing advocates of so-called Modern Monetary Theory is likely to lead the nation—and the world—down the road to disaster. Packed with examples from the headlines and from history, Inflation is a unique, real-world exploration of the subject that addresses everyday concerns of Americans under siege by rising prices, including steps you should take to protect your wealth. Inflation is essential reading for everyone seeking to navigate these tumultuous times.

Popular Economics

Popular Economics
Author: John Tamny
Publisher: Simon and Schuster
Total Pages: 205
Release: 2015-04-13
Genre: Business & Economics
ISBN: 1621573923

“John Tamny is a one-man antidote to economic obfuscation and mystification.” —George Will, Nationally Syndicated Columnist “In spirit, Tamny does for economics what the Gutenberg printing press did for the Bible, making a previously inaccessible subject open to all. Equally important, he does to economists what Toto did to the Wizard of Oz: pulling aside the curtain to expose the fraud that has become modern economics.” —Steve Forbes, Chairman and Editor-in-Chief, Forbes Media “Ignore John Tamny’s easy to read Popular Economics at your own moral peril. It’s as close to spiritual as you get in this realm—a better tutorial than any econ text.” - Ken Fisher, Founder & CEO, Fisher Investments “John’s book is many things. It’s a great way to learn economics, it’s a very strong case for economic liberty, and it is an epic myth-buster. I will be giving it out to friends, of all viewpoints, for a long, long time.” - Cliff Asness, Managing Principal, AQR Capital ECONOMICS 101 In Popular Economics: What the Rolling Stones, Downton Abbey, and LeBron James Can Teach You About Economics (Regnery Publishing; April 13, 2015; $27.99) Tamny translates the so-called difficult and intimidating subject of economics into plain language, revealing that there is nothing mysterious about finance, commerce, and budgets. In fact, we are all microeconomists in our daily lives. “Economics is easy, and its lessons are all around us,” says Tamny. “But Americans have allowed the so-called ‘experts’ to convince them they can’t understand, much less grow the economy. Happily, economic growth is simple, too. If you can understand the four basic elements of economic growth—taxes, regulation, trade, and money— prosperity will explode.” Much like Freakonomics, Tamny uses pop culture and engaging stories to illustrate how understanding our economy is common sense—just look no further than the movies we enjoy, the sports we watch, and what we do every day. In Popular Economics, you’ll discover: How Paris Hilton and the Dallas Cowboys help illustrate good and bad tax policy How Facebook and Monday Night Football demonstrate the debilitating effect of antitrust regulation How the simple act of cooking chicken wings reveals why the “floating dollar” is a recipe for disaster Why Downton Abbey and ESPN are evidence that the U.S. should bulldoze its tax code

The Fed at One Hundred

The Fed at One Hundred
Author: David Howden
Publisher: Springer
Total Pages: 176
Release: 2014-07-21
Genre: Business & Economics
ISBN: 3319062158

One hundred years after its foundation, the Federal Reserve has been entrusted with an enormous expansion in its operating powers for the sake of reviving a sluggish economy during the financial crisis. The aim of the present volume is to present a thorough and fundamental analysis of the Fed in the recent past, as well as over the entire course of its history. In evaluating the origin, structure and performance of the Fed, the contributors to this volume critically apply the principles of Austrian monetary and business-cycle theory. It is argued that the Fed has done harm to the U.S. and increasingly, the global economy by committing two types of errors: theoretical errors stemming from an incorrect understanding of the optimal monetary system, and historical errors, found in episodes in which the Fed instigated an economic downturn or hindered a budding recovery. The book contains not only a critical analysis of the activities of the Fed over its history, but also a road map with directions for the future.

The Way the World Works

The Way the World Works
Author: Bishop of Hippo Wanniski
Publisher: Regnery Publishing
Total Pages: 424
Release: 1998-07-01
Genre: Business & Economics
ISBN: 9780895263445

To celebrate the 20th anniversary of the book which helped launch the current economic miracle, Gateway Books is proudly repackaging and re-releasing The Way the World Works. Jude Wanniski's masterpiece defined the economic policies of the 1980s responsible for a booming stock market, the creation of thirty million new jobs, untold wealth, and unparalleled prosperity.