David Hebert

David Hebert Articles

Why the US Grows While the EU Slows: Adam Smith’s Recipe
By David Hebert - January 16, 2025
What explains the curious lack of economic progress in the EU over the past 16 years? In 2008, the economies of the European Union and the United States were roughly equal in size in terms of GDP. Fast forward through a global financial...
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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce

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