“If Judy Shelton is appointed to the Federal Reserve Board of Governors, and if she actually espouses and defends the ideas for which she is being condemned by so many of those ‘mainstream’ economists today, it may be a useful step to the societal transformation to a freer society, a key long run element of which must be the freeing of money from political control.” ~ Richard M. Ebeling
In 2012, the Sound Money Project, then part of the Atlas Economic Research Foundation, released Roads to Sound Money, a collection of essays edited with a foreword by Judy Shelton. The Sound Money Project is now part of the American Institute for Economic Research. AIER is pleased to post the full contents below.
“Fortunately, divided government will mean no Green New Deal, no federally mandated and funded paid leave, and no Court-packing. But it probably won’t mean less spending. In fact, Senate majority leader Mitch McConnell has already announced that we can expect another COVID-relief bill, one containing many of the Democrats’ favorite provisions, such as bailouts of the states.” ~ Veronique de Rugy
“What I believe is deranged is the failure to put Covid-19 in proper perspective. It is deranged to behave as if the risks that Covid poses to kindergartners, to college students, and to healthy young people are indistinguishable from the risks that Covid posed to your elderly father, or poses even to me, a 62-year-old.” ~ Donald J. Boudreaux
“With Joe Biden declared President Elect for the 2020 electoral race, the focus now shifts to markets and policy makers in their reaction to America’s next administration. I joined the BBC to discuss the latest developments.” ~ Edward Stringham
“Consumer sentiment fell in early November following the election and a resurgence in Covid-19 infections. Combined with renewed restrictions, the outlook remains highly uncertain.” – Robert Hughes
“The lockdowners keep telling us to pay attention to the science. That’s what we are doing. When the results contradict their pro-compulsion narrative, they pretend that the studies do not exist and barrel ahead with their scary plans to disable all social functioning in the presence of a virus. Lockdowns are not science. They never have been. They are an experiment in social/political top-down management that is without precedent in cost to life and liberty.” ~ Jeffrey Tucker
“This strange power of language to change hearts and minds was always dubious at best but has, in our times of coronavirus need, gone completely berserk. If we tell a virus to back off, it will. If we ensure one another with empty religious phrases, we’ll all be protected from God’s wrath. George Orwell and his ‘Politics and the English Language’ has never felt more relevant.” ~ Joakim Book
“A Biden Administration likely will be able to give states and localities a bailout, even if Congress doesn’t approve a new ‘stimulus,’ and even if the Trump Administration doesn’t extend the Federal Reserve’s authority. But at least the incoming Biden people would have to jump through a few hoops.” ~ Daniel J. Mitchell
“To say that now the entire country should enter a 4-6 week shutdown stricter than all that came before is not only tone deaf but reckless. Such a policy will likely have untold consequences that go beyond economic devastation. Suicides, substance abuse, and social turmoil have been exacerbated as a result of lockdowns, and they will only worsen under this new policy.” ~ Ethan Yang
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