History on the Run is a blog dedicated to the past's impact on today. History, foreign policy, economics, and more will be blended up weekly for a spin on today's events or a simply rethinking of our common past. Beyond that this is the blog of the podcast and here can be found the scripts from the shows. The blog will probably be more political than the podcast and will not focus so much on the historical narrative.

The podcast is available on Itunes and is called History on the Run

You may also listen to it here: http://historyontherun.libsyn.com/webpage

A list of all transcripts from the podcast is available here: https://sites.google.com/site/historyontherun/

Sunday, September 2, 2012

Gold Standard Nonsense

Just read perhaps one of the best reasons that the Gold Standard doesn't work. As economies grow and the money supply is fixed you would have to see a deflation in wages. From 2000 to 2012 wages would have had to drop from 13.75 an hour to 3.45 an hour. Can you imagine any sort of worker taking a 10 dollar per hour pay cut?

Click here for the link.
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