The Gold Standard
In Our Time20 Jan 2022

The Gold Standard

Melvyn Bragg and guests discuss the system that flourished from 1870 when gold became dominant and more widely available, following gold rushes in California and Australia. Banknotes could be exchanged for gold at central banks, the coins in circulation could be gold (as with the sovereign in the image above, initially worth £1), gold could be freely imported and exported, and many national currencies around the world were tied to gold and so to each other. The idea began in Britain, where sterling was seen as good as gold, and when other countries rushed to the Gold Standard the confidence in their currencies grew, and world trade took off and, for a century, gold was seen as a vital component of the world economy, supporting stability and confidence. The system came with constraints on government ability to respond to economic crises, though, and has been blamed for deepening and prolonging the Great Depression of the 1930s.

With

Catherine Schenk Professor of Economic and Social History at the University of Oxford

Helen Paul Lecturer in Economics and Economic History at the University of Southampton

And

Matthias Morys Senior Lecturer in Economic History at the University of York

Produced by Eliane Glaser and Simon Tillotson

Episoder(1082)

Stevie Smith

Stevie Smith

In 1957 Stevie Smith published a poetry collection called Not Waving But Drowning – and its title poem gave us a phrase which has entered the language. Its success has overshadowed her wider work as t...

16 Mar 202353min

Chartism

Chartism

On 21 May 1838 an estimated 150,000 people assembled on Glasgow Green for a mass demonstration. There they witnessed the launch of the People’s Charter, a list of demands for political reform. The cha...

9 Mar 202351min

Tycho Brahe

Tycho Brahe

Melvyn Bragg and guests discuss the pioneering Danish astronomer Tycho Brahe (1546 – 1601) whose charts offered an unprecedented level of accuracy.In 1572 Brahe's observations of a new star challenged...

2 Mar 202353min

Superconductivity

Superconductivity

Melvyn Bragg and guests discuss the discovery made in 1911 by the Dutch physicist Heike Kamerlingh Onnes (1853-1926). He came to call it Superconductivity and it is a set of physical properties that ...

23 Feb 202350min

Rawls' Theory of Justice

Rawls' Theory of Justice

Melvyn Bragg and guests discuss A Theory of Justice by John Rawls (1921 - 2002) which has been called the most influential book in twentieth century political philosophy. It was first published in 197...

16 Feb 20231h

John Donne

John Donne

Melvyn Bragg and guests discuss Donne (1573-1631), known now as one of England’s finest poets of love and notable in his own time as an astonishing preacher. He was born a Catholic in a Protestant co...

9 Feb 202351min

The Great Stink

The Great Stink

Melvyn Bragg and guests discuss the stench from the River Thames in the hot summer of 1858 and how it appalled and terrified Londoners living and working beside it, including those in the new Houses o...

26 Jan 202350min

Persuasion

Persuasion

Melvyn Bragg and guests discuss Jane Austen’s last complete novel, which was published just before Christmas in 1817, five months after her death. It is the story of Anne Elliot, now 27 and (so we ar...

19 Jan 202350min

Populært innen Historie

rss-dette-ma-aldri-skje-igjen
rss-katastrofe
historier-som-endret-norge
henrettelsespodden
aftenposten-historie
sektledere
historier-som-endret-verden
med-egne-oyne
rss-nadelose-nordmenn-gestapo
rss-benadet
rss-strid-de-norske-borgerkrigene
historiepodden-ww2
rss-gamle-greier
rss-frontkjemperne
historiepodden
rss-politisk-preik
liberal-halvtime
rss-historiepodden-ww2
vare-historier
rss-historiske-romanser-svik-drap-og-kjarlighet