Abstract

ful for comments from Jorg Guido Hulsmann, Jeffery Herbener, Mark Thornton, and Walter Block. An earlier version of this paper took second place in the ASSC symposium. 1Silver and other precious metals and commodities have also often served as common media-of-exchange, however, not nearly to the extent that gold did. 2The 65 texts were selected from the Auburn University Library. Auburn University had a Ph.D. program in economics until 1999. They still have a Ph.D. program in applied economics in their Agricultural Economics department. This survey is based on the assumption that this is a representative sample of what would be found in other contemporary U.S. research universities. All the texts were undergraduate level general economics or money and banking textbooks. In most cases, the most recent edition available of THE GOLD STANDARD IN CONTEMPORARY ECONOMIC PRINCIPLES TEXTBOOKS: A SURVEY

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