Ten Things Every Economist Should Know about the Gold Standard

George Selgin is a well-known monetary economist who defends the gold standard and free banking against central banks. In this very short book, Selgin, who teaches at the University of Georgia, explains how the classical gold standard (currencies priced and redeemable in gold) worked well until 1914. He debunks 10 historical myths propagated by opponents of the gold standard. If you want to read an easy but serious book about the gold standard, this is it.