Economy of the Confederate States of America of London provided the U.K. Parliament with a powerful economic justification for the policy of neutrality. At the beginning of the war the Confederacy had some $47 million in bank deposits (compared to $189 million in Northern banks), and $27 million in specie (gold and silver coins) holdings (compared to $45 million worth in the northern states). Bad money drives out good, and supplies of gold and silver were hoarded, driven out of circulation by the rising flood of paper money. The first Confederate notes were issued in March 1861, and bore interest. They were soon followed by others, bearing
Good Calories, Bad Calories "well-researched" and opines that Taubes’s conclusions are "somewhat startling yet surprisingly convincing." Journalism professor and food author Michael Pollan describes "Good Calories, Bad Calories" as "valuable" but believes that it "does not escape the confines of nutritionism." "New York Times" medical reporter Gina Kolata concluded that she was ultimately "not convinced" by Taubes’s arguments, writing that "the problem with a book like this one, which goes on and on in great detail […] is that it can be hard to know what has been left out." Laura Vanderkam reviewed the book somewhat negatively in "The American", the journal of the