The Final Standard

by Nathan Lewis

Lewis has written a third book about monetary topics, Gold: The Final Standard, and describes how it came about.

The Final Standard | BullionBuzzIt forms the third book of a sort of gold trilogy, following Gold: The Once and Future Money (2007) and Gold: The Monetary Polaris (2013). There will likely be more books in the future, some with a monetary theme, but they will likely be more in the nature of specific standalone topics.

“I hope the book will serve as an effective standalone history for the intelligent lay reader. But, I also wanted to give the enthusiasts, who have read my previous books and this website, plenty of new material to chew on. I certainly feel like I’ve made new progress, during the research and the process of writing this book and the related website items. For some reason, people think ‘they know it all already,’ and there’s nothing to do but repeat old nostrums. If anything, the work that has been done so far seems very preliminary to me. We have four hundred biographies of Abraham Lincoln, but still not one good and correct book about the Classical Gold Standard era (I think Gallarotti’s book had a lot of merit, but was something of a specialist work), or a coherent and comprehensive account of the Great Depression. There have been some very good books coming out recently with a historical/economic theme. I would note Jim Grant’s The Forgotten Depression: 1921: The Crash That Cured Itself (2014), and JFK and the Reagan Revolution: A Secret History of American Prosperity (2016), by Brian Domitrovic and Lawrence Kudlow. I also thought that Amity Shales’s The Forgotten Man: A New History of the Great Depression (2008) fit this pattern of both historical and economic sophistication. We could use another dozen talents with the abilities of Grant, Domitrovic, Kudlow and Shales, balancing economic sophistication with careful historiography and literary skill. They would have plenty to do.”

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