The Gold Standard

In Our Time returns for a new series with host Misha Glenny.A world class seminar, every week. In Our Time explores the ideas, people and discoveries that have shaped our world, spanning history, philosophy, religion, science, literature, art and culture. On Thursdays, hear brand ...  Show more

Misha Glenny delves in to the In Our Time archive to select ten episodes for listeners to revisit. His fifth choice, first released in May 2024, is the Empress Dowager Cixi, the woman who, for almost fifty years, was the most powerful figure in the Chinese court. Cixi (1835-1908) ...  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 ...

In the second episode in our series on bad ideas David talks to the political economist Helen Thompson about the gold standard, which was meant to anchor the world economy until it all fell apart a hundred years ago. Why does gold so often appear like a stable basis for money in ...  Show more