An Evening with Steve Forbes and Elizabeth Ames: Discussion of Their New Book 'Money'
Join The Heartland Institute and fellow lovers of liberty the evening of Wednesday, August 13 at the historic Union League Club in Downtown Chicago for a special edition of our Author Series with Steve Forbes and Elizabeth Ames.
They will be discussing their new book Money: How the Destruction of the Dollar Threatens the Global Economy - and What We Can Do About It.
About The Book:
In this new book, Forbes Media Chairman and Editor In Chief Steve Forbes explains that today's wrong-headed monetary policies are setting the stage for a new global economic and social catastrophe that could rival the recent financial crisis and even the horrors of the 1930s.
Coauthored by Forbes and Elizabeth Ames, Money: How the Destruction of the Dollar Threatens the Global Economy—and What We Can Do About It tells why a return to sound money is essential if the United States and other nations are to overcome today's problems. Stable money, which can only be achieved through a gold standard, is the way to a true recovery and a prosperous economy.
Our policymakers and economists know less today about the critical subject of money than their forbears did a century ago. This ignorance was responsible in the 1970s for the ending of a monetary system based on fixed exchange rates. Its replacement, today's system of fluctuating "fiat" money, has proved disastrous for the US and global economy.
In more than four decades, the US dollar has dramatically declined in value. US economic growth has been below historic standards. The US and the world has seen an increase in major systemic crises. The housing meltdown and the turmoil that followed, the authors say, would never have occurred with stable money.
The malaise created by unstable money afflicts not only the economy but all of society. Forbes and Ames explain that in addition to being a yardstick of value, money is a vital facilitator of social trust. The destruction of money is a key reason for the recent rise of political polarization and unrest.
Praise for Money:
“Money clearly illustrates that sound money is an essential foundation for a free and prosperous society and that the Federal Reserve's current policies are a greater threat to the economic future of the U.S. than government deficit spending. This is an important book well worth reading.”
— John A. Allison, President and CEO, Cato Institute; author of the
New York Times bestseller "The Financial Crisis and the Free Market Cure"
“No one knows this topic better or from more perspectives than Steve Forbes, and he and Elizabeth Ames deliver what’s promised in this book...a compelling and well-informed argument for a twenty-first century gold standard and a sound dollar.”
— Arthur B. Laffer, PhD, Founder and Chairman, Laffer Associates;
member of President Ronald Reagan’s Economic Policy Advisory Board
“Money is a rock-solid argument for the virtues of capitalism.”
— John Mackey, Co-Founder and Co-CEO, Whole Foods Market;
coauthor of the New York Times bestseller "Conscious Capitalism"
“A brief, straightforward, decent case for returning the dollar to the gold standard, sure to attract opposing arguments.”
— Kirkus Reviews
“Money is a rare treasure — it looks at the economy through eyes focused on common sense and logical solutions.”
—Benjamin S. Carson Sr., MD, President and CEO, American Business Collaborative;
Emeritus Professor, Johns Hopkins School of Medicine
Steve Forbes and Elizabeth Ames were with Heartland at the Union League Club in November 2012 to talk about their book Freedom Manifesto. Watch Forbes' talk about the book in the video below: