In this article Professor Clifford Thies discusses the intriguing but unfortunate history of the US with regard to money. He concludes that we ought to return to gold. Talking about a return to gold may be hardly more realistic than wondering what music Mozart would compose if he were to return to life, but the case for a monetary system based on something that is scarce and has intrinsic value has always been strong.
A fun and informative piece.
