Goldwin Smith’s Dire Warnings About Paper Money Matter More Than Ever

Goldwin Smith’s Dire Warnings About Paper Money Matter More Than Ever

In 1883, Goldwin Smith gave an address, later published as False Hopes: Or, Fallacies Socialistic and Semi-Socialistic, Briefly Answered, taking on a number of the political and economic fallacies of his time. His remarks on inconvertible paper money are still worth considering today....

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