Heterodox
In this rare film of him from October 1931 after the UK abandoned the interwar gold exchange standard (on September 19, 1931):[embedded content]The Eurozone and EU are the new “gold standard” and “gold cage” of today. If he were here today, I’d like to think Keynes would have been pro-Brexit.There is also an amusing footnote to this 1930s piece of history. Ludwig von Mises, prize buffoon of the Austrian school, made a prediction about what would happen after the UK abandoned the gold...
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