Katie’s Reviews > 50 Economics Classics: Your shortcut to the most important ideas on capitalism, finance, and the global economy > Status Update
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Lords of Finance - Liaquat Ahamed, 2009
The gold standard was still used after it became a liability. Economies must be adaptable and open to change from the status quo, in order to avoid crashes, like the Great Depression.
— Jan 21, 2026 03:09PM
The gold standard was still used after it became a liability. Economies must be adaptable and open to change from the status quo, in order to avoid crashes, like the Great Depression.
