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Provides an introduction that updates the author's four-stage model with statistical evidence, applications to textbooks, and historical interpretation. This work also introduces diagrams and models to improve pedagogy in the classroom: the "natural" rate of interest hypothesis.
ContentsFree Money - Is Sound MoneyHans F. SennholzThe SolutionMurray N. RothbardA Golden ComebackMark SkousenThe Great Gold RobberyJames BovardGold StandardsCharles CurleyCloser Look at GoldCharles E. WeberGold Has Risen - But Remains the SameDonald McLaughlinGold Is Legal, But.....Robert G. AndersonLetter from the Paper PlanetErnest G. RossPrecious Metals Investing TipsAdam Starchild
First edition published in 2001 in Armonk, New York, by M. E. Sharpe
Presents the history of economics. This book offers coverage of Joseph Stiglitz, 'imperfect' markets, and behavioral economics.
Traces the turbulent lives and battle of ideas of the three most influential economists in world history: Adam Smith, representing laissez faire; Karl Marx, reflecting the radical socialist model; and John Maynard Keynes, symbolizing big government and the welfare state.
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