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

“In What Respects Will the Information Age Make Central Banks Obsolete?”

– January 19, 2010

“Like a post office, a central bank does useful things. That fact that it does useful things does not make either institution efficient, at least not in its present-day form as a government agency. By “efficient” here I mean “better than the alternativ …

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Fed Up

– January 18, 2010

“Rep. Ron Paul (R-Texas), the libertarian-leaning congressman and failed 2008 GOP presidential candidate, has been suspicious of the Federal Reserve since before first entering Congress in 1976. In a 1981 article that mentioned the then-obscure legisla …

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“Denationalisation of Money”

– January 15, 2010

“In my despair about the hopelessness of finidng a politically feasible solution to what is technically the simplist possible problem, namely to stop inflation, I threw out in a lecture delivered about a year ago a somewhat startling suggestion, the fu …

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The Fed Is Too Powerful To Be Unaccountable

– January 15, 2010

“Now is the time to examine the proper functions of the Federal Reserve System–especially those of the Board–and make systemic changes. The popularity of US Rep. Ron Paul’s bill to audit the Fed taps into a great pent-up frustration about the unaccount …

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Counterfeiting versus Monetary Policy

– January 15, 2010

“Congress is on a spending binge. With all the calls for bailouts, economic stimulus and other assorted handouts, there is a real risk of inflation in our future. If we do have a rapid inflation, it’s likely that Congress, as they did in the financial …

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Cato Institute’s Monetary Conference 2009

– January 14, 2010

Our friends at the Cato Institute hosted their 27th Annual Monetary Conference: Restoring Global Financial Stability on November 19th, 2009. Go here to find the list of speakers and listen to their thoughts on the subject.

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Inflation and Deficits

– January 13, 2010

“With the massive increases in federal spending, inflation is one of the risks that awaits us. To protect us from the political demagoguery that will accompany that inflation, let’s now decide what is and what is not inflation. One price or several pri …

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Transition to Sound Money

– January 13, 2010

The Mises Instute’s Austrian Scholar’s Conference discusses the transition to sound money. Atlas would like to thank Bradley Jansen for providing the link.

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Price “Stability” for Venezuela

– January 13, 2010

In something of a reversal of the usual government policies to keep prices high, the government of Venezuela is going to great lengths to keep prices low, even in the face of inflation. According to CNN, The Venezuelan bolivar currency, which had been …

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“Inflation: The Silent Tax”

– January 13, 2010

“Inflation is a tax on financial assets. This tax is paid by those unlucky investors, corporations, and foreign central banks that hold financial assets denominated in the currency that is inflating. A simple way of thinking about inflation as a tax is …

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“Sound Money and a Liberal Market Order”

– January 13, 2010

“Though circumstances and times change, the basic principles of economic progress and sound market order do not. There is no mystery about them. They involve sound money, low taxes, property rights, making it easy for businesses to be set up, and, once …

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“Income During Inflation”

– January 13, 2010

“Even as the Dow sits above 10,000, the public remains justifiably anxious about the state of the economy. The Federal Reserve has worked overtime to convince the public that it has saved the economy from a meltdown, but with unemployment at a 26-year …

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