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Olduvai III: Catacylsm
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A Brief (and Messy) History of Modern Gold Standards

A BRIEF (AND MESSY) HISTORY OF MODERN GOLD STANDARDS Although gold prices hit a new high in mid-January, Americans, by and large, are still reluctant about gold. They don’t quite “get it.” This incomprehension is different than that of Americans not “getting,” for example, bitcoin (as few seem to). They may understand gold as a safe haven […]

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Cradles of Capitalism: The City-States of Greece and Italy

CRADLES OF CAPITALISM: THE CITY-STATES OF GREECE AND ITALY There long has been a persistent academic debate as to whether an “ancient economy,” referring mainly to Greece, even existed at all. In a field dominated by Marx, Marxists, the 19th century sociologist Max Weber, and such scholars of renown as Sir Moses Finley, the lingering image […]

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Hard Assets In an Age of Negative Interest Rates

Hard Assets In an Age of Negative Interest Rates Time is the soul of money, the long-view — its immortality. Hard assets are forever, even when destroyed by the cataclysms of history. It is the outlook that perpetuated the most competent and powerful aristocracies in continental Europe, well up through World War I and, in […]

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Can Switzerland Survive Today’s Assault on Cash and Sound Money?

CAN SWITZERLAND SURVIVE TODAY’S ASSAULT ON CASH AND SOUND MONEY? “Switzerland will have the last word,” wrote Victor Hugo in the late 19th century. “It possesses one of the most perfect forms of government in the world.” A contemporary of his, Frederick Kuenzli, a scholar of the Swiss Army, boasted: “No purer type of Republican […]

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Can Switzerland Survive Today’s Assault on Cash and Sound Money?

Can Switzerland Survive Today’s Assault on Cash and Sound Money? “Switzerland will have the last word,” wrote Victor Hugo in the late 19th century. “It possesses one of the most perfect forms of government in the world.” A contemporary of his, Frederick Kuenzli, a scholar of the Swiss Army, boasted: “No purer type of Republican […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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