KeithGram: How a Country Could Exit the Euro

The Wolfson Prize in Economics is the second largest monetary award that an economist could win (after the Nobel). It has been going on for many years. This year, they asked respondents to write about how a country could exit the euro with the least disruption.

Both Antal Fekete and yours truly wrote and submitted [...]

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The Arbitrageur: Gold Sea Change

The gold:silver ratio is the price of gold divided by the price of silver. It may be thought of as the price of gold in silver terms. Today, this ratio is around 58; it takes about 58 ounces of silver to buy one ounce of gold.

I think this ratio is likely to move higher. [...]

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Gold Bonds: Averting Financial Armageddon

After the near-collapse of the financial system in 2008, a growing number of people have come to realize that our monetary disease is terminal.  It is that group to whom I address this paper.  I sincerely hope that this group includes leaders in business, finance, and government.

 I do not believe that my proposal herein [...]

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