If the US replaced
its discretionary monetary policy regime with a gold standard,
defining a "dollar" as a specific number of ounces of gold, the
price-stability and employment outcomes would be better for the average
American.
In general,
using more congestion charges in crowded transportation
networks — such as higher tolls during peak travel times in cities, and peak
fees for airplane takeoff and landing slots — and using the proceeds
to lower other taxes would make citizens on average better off.