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Sebastian Edwards is a professor of economics at UCLA, and is a former chief economist for the World Bank. He joins the show today to talk about his new book, *American Default: The Untold Story of FDR, the Supreme Court, and A Battle over Gold*. Sebastian and David also discuss Roosevelt\u2019s plan to ease the U.S. off the gold standard, his attempts to fix the banking sector, and the details and implications of the Gold Clause Cases. Sebastian\u2019s UCLA profile: http://www.anderson.ucla.edu/faculty/sebastian.edwards/ Sebastian\u2019s NBER archive: http://www.nber.org/people/sebastian_edwards Related Links: *American Default: The Untold Story of FDR, the Supreme Court, and A Battle over Gold* by Sebastian Edwards https://press.princeton.edu/titles/11230.html David\u2019s blog: macromarketmusings.blogspot.com David\u2019s Twitter: @DavidBeckworth