Antal E. Fekete

Who is Antal E. Fekete?

Antal E. Fekete is a professor of mathematics and statistics at Memorial University. He is a proponent of the gold standard and critic of the current monetary system.

His theories fall into the school of economic thought led by Carl Menger. His support of the gold standard has similarities to Austrian Economics; however, Fekete's treatment of fractional-reserve banking, capital or time preference theory of interest, real bills and quantity theory of money is different from that of Murray Rothbard and Ludwig von Mises.

In 2002 Fekete started the Gold Standard University on the Internet. Lecture notes were published and students could consult free of charge through the Internet. Gold Standard University went live in February, 2007, when Fekete started semi-annual sessions at the Martineum Academy. There is a substantial body of research material and lecture notes, as well as the Gold Standard Manifesto, made available on his website, that have grown out of this initiative.