This just in:
In a July 6 New York Times "Conscience of a Liberal," in an entry entitled The Armageddon Caucus, columnist and Nobel economics laureate Paul Krugman -- perhaps the most vociferous living foe of the gold standard -- says:
So consider, now, what’s going on politically. Gold bugs have taken over the GOP; even if they can’t reimpose the gold standard, they will make it very hard for future Bernankes to do even as much as the current one did to fight the crisis. And there’s a big push on not just to downsize government, but to convert federal programs like Medicaid and unemployment insurance into block grants, more or less ensuring that they will be cut rather than expanding in a slump. (Emphasis supplied.)
Mr. Krugman, unequivocally one of the left's most gifted polemicists -- with a Nobel Prize in Economics with which to establish his prestige -- has a long history in opposition to gold.