Indianapolis: “The Gold Standard: Retrospect and Prospect”

970 North Delaware Street,Indianapolis IN 46202

21 September, 2021

Description

Please join AIER's Bastiat Society program in Indianapolis for an in-person event with Dr. William J. Luther. Please join AIER's Bastiat Society program in Indianapolis for an in-person event with Dr. William J. Luther, AIER’s Director of the Sound Money Project and Assistant Professor of Economics at Florida Atlantic University. On August 15, 1971, President Richard Nixon closed the gold window, thereby preventing foreign governments from converting United States (U.S.) dollars into gold. The Nixon shock created a clear dividing line in American monetary history. Prior to August 15, 1971, the U.S. dollar had been tied to gold in one way or another since the nation’s founding. Fifty years after the Nixon shock, it is difficult for many to imagine a dollar connected to gold. Most Americans have never used a gold-backed dollar. They do not understand how the gold standard worked. They have not considered the merits of returning to the gold standard. The gold standard, in their minds, is a relic of a bygone era. Dr. Luther will discuss The Gold Standard: Retrospect and Prospect and help bridge the knowledge gap created by fifty years of fiat money. This event is free and open to the public. Eventbrite registration required. _______________________ More about the speaker: William J. Luther is the Director of AIER’s Sound Money Project and an Associate Professor of Economics at Florida Atlantic University. His research focuses primarily on questions of currency acceptance. He has published articles in leading scholarly journals, including Journal of Economic Behavior & Organization, Economic Inquiry, Journal of Institutional Economics, Public Choice, and Quarterly Review of Economics and Finance. His popular writings have appeared in The Economist, Forbes, and U.S. News & World Report. His work has been featured by major media outlets, including NPR, Wall Street Journal, The Guardian, TIME Magazine, National Review, Fox Nation, and VICE News. Luther earned his M.A. and Ph.D. in Economics at George Mason University and his B.A. in Economics at Capital University. He was an AIER Summer Fellowship Program participant in 2010 and 2011. See William’s full bio and recent publications here. AIER’s Bastiat Society program is a global network of business professionals committed to advancing free trade, individual freedom, and responsible governance. Our chapters host over 200 lectures, discussions, seminars, workshops, and conferences in over 20 countries each year.