Future of Christendom 2022 Future of Christendom 2022 Future of Christendom 2022
  • Mid-Atlantic Reformation Society
  • Events
  • Think&Reform
Sunday, August 14, 2022
  • Login
No Result
View All Result
SUBSCRIBE
Christendom.press
Donate
  • Home
  • Politics
  • Church
  • Family
  • Education
  • Tech
  • World
  • Culture
  • Randy’s Corner
  • Home
  • Politics
  • Church
  • Family
  • Education
  • Tech
  • World
  • Culture
  • Randy’s Corner
No Result
View All Result
Christendom.press
No Result
View All Result
"Passion and theology may sound odd put into the same sentence. But…if theology does not lead to passion about and for God it is useless. —J.I. Packer"

How the Classical Gold Standard Fueled the Rise of the State

Aggregator by Aggregator
December 17, 2021
in Economy
How the Classical Gold Standard Fueled the Rise of the State
Share on FacebookShare on TwitterShare on Telegram

Throughout much of the past century, the idea of a gold standard for national currencies has been routinely linked with laissez-faire economics and “classical liberalism”—also known as “libertarianism.” It’s not difficult to see why. During the second half of the nineteenth century—as free-market liberalism was especially influential in much of Western Europe—it was the liberals who pushed for the adoption of the system we now know as the classical gold standard (CGS), which reigned supreme in Europe from approximately 1870 to 1914.

The liberals pushed for this change at the time for several reasons. The liberals believed that the CGS would facilitate globalization and international trade while reducing so-called transaction costs. The CGS also created a more transparent monetary system in the sense that national currencies were explicitly tied to specific amounts of gold. Moreover, the CGS eliminated the alleged inefficiencies of bimetallism.

Continue Reading

Source: MISES
Tags: economicsGoldgold standardmoneyrisestandardstate
Next Post

Salvation Army

Recommended

Controversial Drug Remdesivir Plays Key Role in COVID-Related Hospital Deaths: Dr. Ardis

6 days ago

Large German Insurer Reports Staggering Rise in Adverse Effects from COVID-19 Vaccines

1 day ago
The Monkeypox Double Standard: Public Health Messaging About It Is Vastly Different from COVID-19 

The Monkeypox Double Standard: Public Health Messaging About It Is Vastly Different from COVID-19 

6 days ago
Ignore Biden Talk About Zero Inflation. Here’s the Reality.

Ignore Biden Talk About Zero Inflation. Here’s the Reality.

2 days ago

Popular News

  • Jealousy and Strife and Foolish Elites

    Jealousy and Strife and Foolish Elites

    0 shares
    Share 0 Tweet 0
  • The Failure in Uvalde Was Societal

    0 shares
    Share 0 Tweet 0
  • “Hell No” to Any CV19 Vax – Lt. Col. Theresa Long MD

    0 shares
    Share 0 Tweet 0
  • The Woke War On Trump Targets Elon Musk

    0 shares
    Share 0 Tweet 0

Connect with us

Subscribe

Subscribe to be the first to learn about what's new and the latest features being implemented at Christendom.press.

SUBSCRIBE

Category

  • Agriculture
  • AI
  • America
  • Book
  • Business
  • Christian Life
  • Church
  • Court
  • COVID-19
  • Culture
  • Curriculumn
  • Economy
  • Education
  • Election
  • Environment
  • Events
  • Family
  • Finance
  • Free Speech
  • Health & Science
  • History
  • Immigration
  • Missions
  • Movie
  • Music
  • Natural Disaster
  • Philosophy
  • Podcast
  • Politics
  • Press
  • Randy's Corner
  • Social Media
  • Space
  • Sports
  • Tax
  • Tech
  • Theology
  • Think & Reform
  • Uncategorized
  • Update
  • Vaccine
  • Web
  • World

Site Links

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

About Us

We are Christians committed to serving the gospel kingdom of Jesus Christ by promoting biblical teaching on today’s pressing issues.

  • Mid-Atlantic Reformation Society
  • Events
  • Think&Reform

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Politics
  • Economy
  • Health & Science
  • Movie
  • Music
  • Sports
  • Tech
  • World
  • Randy’s Corner

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist