Sound Money Project

 

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. The Sound Money Project also hosts an annual essay contest. 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. JordanGerald P. O’Driscoll, Jr., Lawrence H. White
Director: William J. Luther
Senior Fellows: Gerald P. DwyerJoshua R. Hendrickson
Fellows: Scott A. Burns, James L. Caton, Nicolás Cachanosky, Judge GlockAlexander W. Salter
Contributors: Brian C. Albrecht, J.P. Koning

Sunday, May 2nd, 2010
"For much of monetary history, inflation targeting was unnecessary. There was no need to worry about constraining the central bank’s inflationary proclivities because no central bank existed.
Sunday, May 2nd, 2010
On April 19, 2010, the Atlas Economic Research Foundation and the GMU Economics Society hosted a lecture by Lawrence H. White. Dr.
Sunday, May 2nd, 2010
In this great little book, U.S. economic historian Gene Smiley presents the most recent economic historiography on the Great Depression.
Friday, April 30th, 2010
"The rescue package requested by Greece will, if endorsed, buy the eurozone six months, perhaps a year at most. By then, the Greek government will have exhausted the aid and be forced to ask for more or to borrow at astronomical rates.
Thursday, April 29th, 2010
"Lawmakers ended the three-day standoff holding up action on the financial-overhaul bill, setting up a Senate debate in which both sides will be maneuvering for advantage.
Wednesday, April 28th, 2010
The recent financial crisis has called into question several basic tenets of mainstream macroeconomics.
Wednesday, April 28th, 2010
"All too often in the midst of an economic and financial crisis, policymakers either engage in denial or else take flights into fantasy. Sadly, the present Greek crisis is proving to be no exception.
Wednesday, April 28th, 2010
"History has shown that monetary stability—money growth consistent with a stable and predictable value of money—is an important determinant of economic stability. Safeguarding the long-run purchasing power of money is also essential for the future of private property and a free society.
Wednesday, April 28th, 2010
"Recently, the Federal Reserve has significantly altered the procedures and goals that it had followed for decades.
Wednesday, April 28th, 2010
"Senate Democrats will try for the third consecutive day to bring a financial overhaul to the floor for debate, after Republicans twice blocked such attempts. Like clockwork, Republicans are expected to block the bill once more.
Tuesday, April 27th, 2010
"The amount of circulating cash of all kinds in the hands of the people at the present time is about nine hundred millions.
Monday, April 26th, 2010
On May 17, the Cato Institute will host a premiere of a new documentary on the financial c
Monday, April 26th, 2010
"Investors seem to see inflation as no big deal, or maybe even a good thing. But they forget how inflation killed the stock market in the 1970s… and just how easily those conditions could return.
Friday, April 23rd, 2010
"Prime Minister George Papandreou said Friday that 'the time has come' for Greece to request aid under a joint European-International Monetary Fund bailout mechanism following months of turmoil in Greek financial markets.
Friday, April 23rd, 2010
Reining in China's investment boom will be hard. The Chinese authorities are damned if they do and damned if they don't.
Friday, April 23rd, 2010
"Free market economists are not necessarily defenders of business. Crony capitalism has a long history. Mercantilism was a form of crony capitalism, and was the main target of Adam Smith's critical abilities.
Thursday, April 22nd, 2010
Economic reform requires political reform. China’s leaders must loosen control if they want harmony.
Thursday, April 22nd, 2010
"In a confrontational and much-needed LewRockwell.com article, Prof. William Anderson launched a counter-attack against mainstream academic economists' refusal to consider seriously the Austrian School's theory of money.

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