Searching for: "James Ledbetter"
Worshiped by Tea Party politicians but loathed by sane economists, gold has influenced American monetary policy and has exerted an irrational influence on the national psyche for centuries. It is an existential quest that extends to today, as millions of investors remain entranced by the metal, and as right-wing presidential candidates present it as the antidote to our economic woes. Acclaimed author James Ledbetter traces the origins of our national obsession, revealing how gold's sacred status dates from precolonial days when conquistadors fanatically searched the New World for the gilded city of El Dorado. From William Jennings Bryan's legendary Cross of Gold speech of 1896, to FDR's ban...read more