Marginal Revolution: Jude Wanniski dies at 69

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Jude Wanniski dies at 69

He was a prominent supply-sider in the 1980s and continued to write on economics. Here is an obituary.

Posted by Tyler Cowen on August 31, 2005 at 08:40 AM in Current Affairs | Permalink

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Comments

A very smart man. He was a visionary and had a great knack for explaining things. And he's spent quite a bit of energy lambasting Bush policies, particularily the war in Iraq.

Until I read his book "The Way the World Works" (still haven't finished it) , I'd always wondered what the deal with the gold standard was. He makes the case that it is the most stable of all commodities, as most of all the gold mined is still in existence and the supply cannot change by a great deal in a given period, making its value one of the more constant ones on the planet. In short, ideal as an agreed-upon exchange mechanism.

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