Antal E. Fekete

Articles by Antal E. Fekete

Recitativo Crucially, gold is not a stable standard when measured in goods and services. It is a commodity whose price is constantly buffeted by shifts in supply and demand that have nothing to do with the needs of the world economy - by...
Recitativo Why not assure monetary virtue by trusting, not in the monetary wisdom of men, but in an objective standard? Why not emulate our great grandfathers and tie our currency to gold? Very few economists think this would be a good...
Recitativo Gold is just another metal. If it sometimes seems to be more, that is only because society has found it convenient to use gold as a medium of exchange - a bridge between other, truly desirable, objects.
Letter to a critic of my deflation theory Dear Mr. East,
Summary for the busy executive
A consensus is building among market observers that bonds defy all logic. The falling dollar should make dollar bonds fall, too. After all, bondholders stand to lose a large part of the value of their original investment as a result of the...
Letter to a reader commenting on my criticism of Mises Dear Mr. West: Thank you for your interest in my work. Also thank you for giving me this opportunity to rethink my criticism of the monetary theories of Ludwig von Mises. Believe me...

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Gold is one of the most recycled substances in the world.