Can We Let Go of this Gold Standard Nonsense Already?

This being one of my first posts on Amateur Economists I initially thought I would do an introduction. But then I happened on The Huffington Post article National Review Blogger Terrified Of New Five-Dollar Bill and it got my goat enough to change topics. They quote Mark Krikorian in his blog post at the . . . → Read More: Can We Let Go of this Gold Standard Nonsense Already?

How to Get Your Next Doctor’s Appointment for “Free”

There was once a time long ago when many economies ran on a barter system. There was no fiat money. There was no central banking system. There was no Federal Reserve to insure the validity of any currency. If you wanted a bag of rice you traded with what you grew or produced. As . . . → Read More: How to Get Your Next Doctor’s Appointment for “Free”