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

Thursday, April 22nd, 2010
"In a confrontational and much-needed article, Prof. William Anderson launched a counter-attack against mainstream academic economists' refusal to consider seriously the Austrian School's theory of money.
Wednesday, April 21st, 2010
"Money is the most important commodity in an economic system Indeed, money 'makes the world go 'round.' This is because money is the general medium of exchange. We sell our products and services for money, and then use it to buy the products and services of others.
Wednesday, April 21st, 2010
"The euro is slumping against the dollar Wednesday morning as Greek bond prices tumble and their yields surge higher against their German counterparts.
Wednesday, April 21st, 2010
"Bank of England policy makers unanimously kept their bond-purchase plan at 200 billion pounds ($307 billion) in April as some officials showed mounting concern at the prospect of a prolonged bout of faster inflation.
Tuesday, April 20th, 2010
George Mason University economist Lawrence H. White is writing a book on The Clash of Economic Ideas.
Tuesday, April 20th, 2010
In this book prolific writer Mark Skousen presents the Austrian and Chicago school of economics, explaining their main views on money, business cycles and competition.
Tuesday, April 20th, 2010
Free markets depend on truth telling. Prices must reflect the valuations of consumers; interest rates must be reliable guides to entrepreneurs allocating capital across time; and a firm's accounts must reflect the true value of the business.
Tuesday, April 20th, 2010
"While, in hindsight, some of the data available to the Federal Reserve and other authorities gave notice of the financial crisis, more data and a different approach to analyzing them are needed if a reliable 'early warning system' for future crises is to be developed, according to research by Feder
Friday, April 16th, 2010
The past week has been a busy one for Atlas and the Sound Money project. Since last Thursday, we have traveled from D.C. to Philadelphia to Las Vegas. It has been a hectic, but rewarding journey. The Sound Money project has been gaining support at each of its stops.
Thursday, April 15th, 2010
 Monday, April 19, 2010
 5:00pm - 6:30pm
Tuesday, April 13th, 2010
In this video panel on, 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.
Monday, April 12th, 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. Book description:
Thursday, April 8th, 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.
Thursday, April 8th, 2010
The financial crisis and global recession has brought traditional Keynesian policies back to the fore. However, not all economists are Keynesians now.
Thursday, April 8th, 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 greater than 50 percent.
Wednesday, April 7th, 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.
Tuesday, April 6th, 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 this predicament.'