The phrase “Those with gold rule the world” shows the power of gold in the materialistic world. Like the ancient rulers’ hunt for gold, the modern states also accumulate gold as a reserve for economic stability. The households also demand gold for several reasons including their passion for jewellery. This book is an in-depth investigation into the people’s demand for gold. It also provides a thorough understanding on Government policies on gold and its impact.
The book starts with theories of savings and wealth including permanent income, life cycle and relative income hypothesis, as well as inter-temporal and portfolio allocation models. It deals with data on household savings behavior and categorizes the demand for gold under four headings: hedge against inflation and exchange rate, jewellery and collateral demand. It also includes unit level data analysis about lakhs of households in India from the National Sample Survey (NSS) on their gold consumption habits and a primary survey of behavioral analysis of gold demand; all are main attractions of the book!
Essays by clinicians, parents, and de-transitioners demonstrate how ‘transgender children’ are invented in medical, social, and political contexts. The authors reveal the harms of transgender ideology and show how adults can intervene to protect young people.
