The Sound Money Project was founded in January 2009 to conduct research and promote awareness about monetary stability and financial privacy. The project is comprised of leading academics and practitioners in money, banking, and macroeconomics. It offers regular commentary and in-depth analysis on monetary policy, alternative monetary systems, financial markets regulation, cryptocurrencies, and the history of monetary and macroeconomic thought. For the latest on sound money issues, subscribe to our working paper series and follow along on Twitter or Facebook.

Advisory Board: Steve H. Hanke, Jerry L. Jordan, Lawrence H. White
Director: William J. Luther
Senior Fellows: Nicolás Cachanosky, Gerald P. DwyerJoshua R. Hendrickson, Thomas L. Hogan, Gerald P. O’Driscoll, Jr., Alexander W. Salter
Fellows: James L. Caton, J.P. Koning

Ferguson and Rogoff on the financial crisis

– April 13, 2010

In this video panel on Bloomberg.com, economic historian and author The Ascent of Money, Niall Ferguson, discusses the financial crisis and global recession with economist and author of This Time Is Different, Kenneth Rogoff. They both warn that the gl …

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Florin Aftalion – The French Revolution: An Economic Interpretation

– April 12, 2010

In this monograph, French economist Florin Aftalion sets out to rectify a great omission in most historical accounts of the French Revolution, namely to look at how economic, and especially monetary forces helped shape the dynamics of the revolution. B …

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The Swinging Pendulum

– April 9, 2010

On Monday, April 5, the Future of Freedom Foundation and the George Mason University Econ Society hosted a lecture1 by Dr. Richard Ebeling, professor of economics at Northwood University and former president of the Foundation for Economic Education. Dr …

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John Munro – The Monetary Origins of the ‘Price Revolution’

– April 8, 2010

In this paper, John Munro of the Department of Economics, University of Toronto revisits the historical debate on the origins of the price revolution of the 16th century. Though some historians and economists have claimed that this event was caused by …

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We Are Not All Keynesians Now

– April 8, 2010

The financial crisis and global recession has brought traditional Keynesian policies back to the fore. However, not all economists are Keynesians now.

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Hyperinflation

– April 8, 2010

“Inflation is a sustained increase in the aggregate price level. Hyperinflation is very high inflation. Although the threshold is arbitrary, economists generally reserve the term ‘hyperinflation’ to describe episodes when the monthly inflation rate is …

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“Why Default on U.S. Treasuries is Likely”

– April 7, 2010

“Almost everyone is aware that federal government spending in the United States is scheduled to skyrocket, primarily because of Social Security, Medicare, and Medicaid. Recent “stimulus” packages have accelerated the process. Only the naively optimisti …

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“Misrepresenting ‘How We Arrived at This Moment'”

– April 6, 2010

“What must be done to recover from this financial crisis? Barack Obama rightly stresses that we first must understand how today’s problems emerged. It is ‘only by understanding how we arrived at this moment that we’ll be able to lift ourselves out of t …

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“Stop Blaming Capitalism for Government Failures”

– April 5, 2010

“But while capitalism may be a convenient scapegoat, it did not cause any of these problems. Indeed, whatever one wishes to call the unruly mixture of freedom and government controls that made up our economic and political system during the last three …

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“Garrett Demands Further Answers from Geithner”

– April 2, 2010

“Rep. Scott Garrett (R-NJ) is calling on Treasury Secretary Timothy Geithner to clarify the uncertainty surrounding the status of the GSE debt; specifically, whether the corporate debt issued by Fannie and Freddie is considered sovereign debt.” Read mo …

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Dr. Richard Ebeling to talk at GMU!

– April 2, 2010

Our friends at the GMU Economics Society & the Future of Freedom Foundation invite you to the last installment of the Economic Liberty Lecture Series of this year with Dr. Richard Ebeling. Dr. Ebeling will be speaking on “America’s New Road to Serf …

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“Irresponsible lending prohibited by OTF”

– April 1, 2010

“The new requirements form part of new guidance from the Office of Fair Trading (OFT) to counteract irresponsible lending. ‘[We] expect all consumer credit businesses to fully comply with both the word and spirit of this guidance,’ the OFT said. The re …

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