More lead-footed “Keynesian” dogmatists than Skidelsky are horrified that the right is rallying to monetary reform and, especially, to the gold standard. TheWashington Post’s Steve Pearlstein, The New York Times’ Paul Krugman, ThinkProgress’ Matt Yglesias and Marie Diamond, The Washington Monthly‘s Steve Benen and Michael O’Hare and The Roosevelt Institute’s Mike Konczal, Prof. Barry Eichengreen and Thomas Frank all have noted (with alarm), that, in the words of Krugman, “Gold bugs have taken over the GOP.”
"No contortions are needed to cross Keynes’s bridge between the profiteer-hating #OWS and the sober reformers gathered in monetary conclave by Heritage Foundation. The official website of Occupy Wall Street contains an entire forum dedicated to the gold standard. While by no means unanimous (please read it, and comment on it, here), a theme emerges that elegantly is summarized by one of the activist/commentators there: 'Gold and silver. Been honest money since the dawn of time. The only money that’s ever worked….'"
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