The authors argue that the opportunity cost of not having a gold standard are vastly higher than the resource costs of having one.  They also address the habit of equating monetary stability with price-level stability.  As the case for markets continues to gain ground, so will the case for setting up barriers to government abuse of the moentary system.  The gold standard would be the most authentic step towards that end.

Edited by:  Llewellyn H. Rockwell, Jr.

140 pages

Paperback