The Gold Standard

Misha Glenny and guests discuss the laws that Hammurabi (c1810 - c1750 BC), King of Babylon, had carved into a black basalt pillar in present day Iraq and which, since its rediscovery in 1901 in present day Iran, has affirmed Hammurabi's reputation as one of the first great lawma ...  Show more

Misha Glenny and guests discuss one of the most successful of Shakespeare's plays in his own time. Written with no Part 2 in mind as 'Henry the Fourth', the play explores ideas about who can be a legitimate ruler and why, and how anyone can rightly succeed to the throne. This was ...  Show more

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 ...  Show more

As banks collapse and governments run out of money, the popular solution is to print more and more and expand bank balance sheets. But is there another way of fixing our economy? Would the financial system be more stable if each pound in our pocket was backed by gold? The Today p ...  Show more

From the rings on our fingers, to coins in our pockets and, for a select few, the medals hanging around our necks. Gold is one of the most coveted metals in the world.

Gold still has the power to change lives, but in the mid 19th century, it also sparked the largest ...

April 18, 1933. It’s almost midnight in Washington, DC. Newly-elected President Franklin Delano Roosevelt has gathered his economic advisors for a late-night meeting. He called this meeting to announce his plan to effectively take the US off the gold standard, the system by which ...  Show more