by Henry Hazlitt (Contribution by), Murray N. Rothbard (Introduction by), Ron Paul (Author)
Gold, Peace, and Prosperity: The Birth of a New Currency is a short monetary treatise by Ron Paul, the American physician and former U.S. Representative from Texas. Long associated with the Austrian school of economics and the case for sound money, Paul wrote the essay in 1981, during the inflation and monetary turmoil that followed the end of the Bretton Woods gold-exchange system.
The book argues that honest money is the foundation of peace and prosperity, and that fiat currency—money created by government decree and untied to a commodity—produces inflation, debt, and the financing of war. Paul traces the decline of the gold standard, the role of the Federal Reserve, and the costs of monetary expansion for wages, savings, and international order. He contends that a return to gold as the basis of the currency would restrain the state, restore the value of money, and remove a chief engine of conflict and economic distortion.
Sovereign Archive Publishing is proud to offer this classic statement of the case for sound money. Gold, Peace, and Prosperity remains essential reading for those studying the gold standard, monetary history, and the economic thought of greats like Ron Paul.
Number of Pages: 110
Dimensions: 0.23 x 10 x 7.99 IN
Publication Date: January 01, 2011
Large Print: Yes