The Gilder

from New York Sun

George Gilder’s brilliant new book — “The Scandal of Money” — underscores an odd fact. There’s an expanding list of newspapermen and writers who, having reached a certain age and covered the intellectual and political wars, have turned late in their careers and at the peak of their powers to the problem of money. They are riveted by the recognition that our abandonment of a system of honest money is at the root of our national travail.

James Grant does this in his famed bi-weekly, the Interest Rate Observer (the latest number opens with an essay on what he calls the “inflation cheering section”). Steve Forbes has brought out two late-career books on this head, including “Money,” which is a call for a restoration of the gold standard.

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