The year 2021 marked 50 years in a world with no gold standard, when in 1971 US President Nixon suspended international convertibility of the US dollar into gold. Nor was the gold standard replaced with any other sort of commodity standard, like a silver standard or a wheat standard or
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If you have subscribed—thank you. You make this small publication possible. To give you an idea of what to expect, I plan to post about once every 2-4 weeks. Each post will be about a topic that has some bearing on economics, society, and policy. I aim to give
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This is The Outstanding Balance, a brand new site by Danny Roberts that's just getting started. Things will be up and running here shortly, but you can subscribe in the meantime if you'd like to stay up to date and receive emails when new content is