Kris Mitchener
Professor of economics at Santa Clara University and an economic and monetary historian, known for research on bimetallism, the gold standard, the Great Depression, and central bank history and balance sheets.
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Apr 13, 2026 • 56min
Kris Mitchener on What Actually Anchors the Price Level
Kris Mitchener, a Santa Clara University economist and monetary historian who studies bimetallism, the gold standard, and central bank balance sheets. He recounts digging through archives and explains how bimetallism worked and why gold prevailed. He explores what anchors the price level, the politics behind monetary rules, and how central bank losses and credibility shape policy.
