Gene Epstein on Gold, the Fed, and Money

Published: June 2, 2008, 6:30 a.m.

b"Gene Epstein, Barron's economics editor, talks to EconTalk host Russ Roberts about the virtues of the gold standard relative to fiat money. Epstein argues that privately issued money, backed by gold, would lead to an economy with much greater price stability and fewer and milder recessions."