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

Monday, March 1st, 2010
"I've been doing a little reading this morning about the Greek crisis and related problems in Europe.
Friday, February 26th, 2010
Wednesday’s Washington Post featured a column by Steven Pearlstein that sums up the ongoing debate over the regulation of the financial industry, or at least it attempts to
Thursday, February 25th, 2010
"The two large housing government-sponsored enterprises, Fannie Mae and Freddie Mac, have been in government receivership since September 2008. The U.S.
Wednesday, February 24th, 2010
"Fitch Ratings, citing concerns about Greek banks' funding costs and profitability, downgraded the country's four major banks to triple-B, or two notches above "junk" status. Fitch characterized its outlook for Greek banks as 'negative'...
Tuesday, February 23rd, 2010
"Critics charge Greenspan with having carried on an excessively expansionary monetary policy, particularly following the recession of 2001.
Monday, February 22nd, 2010
The Atlas Sound Money Project is proud to announce the winners of its 2010 Atlas Sound Money Essay Contest.
Monday, February 22nd, 2010
"There are plenty of experts who argue that the Fed should move sooner rather than later to raise the federal funds rate, its key lending rate that is used as a benchmark for the interest paid on credit cards, home equity loans and many business loans.
Friday, February 19th, 2010
The Fed made what it claims is a minimal change in strategy today, as it raised the emergency loan rate today from 0.5%.
Friday, February 19th, 2010
"On Wednesday, February 10, Federal Reserve Chairman Ben Bernanke was expected to appear before the House Committee on Financial Services to testify on the Fed’s extraordinary measures taken during the financial crisis, and how the Fed is planning to unwind them.
Friday, February 19th, 2010
"Inflation targeting has become a favored policy among many central banks world-wide, but the BOJ has resisted it, fearing Japan's strong downward bias in prices would prevent the bank from ever raising interest rates. Instead it has relied on a softer price guidance in determining policy.
Friday, February 19th, 2010
Lawrence H. White speaks to students attending FEE's 2009 Young Scholars Colloquium at Northwood University. To see the full video, please go here.
Thursday, February 18th, 2010
"The mounting political tension between U.S. and China is poised to take on a more pronounced economic component—with Washington, in coming months, expected to press China over what officials see as an undervalued yuan.
Wednesday, February 17th, 2010
"Inflation in the U.K. hit 3.5% annually in January, a level that required central banker Mervyn King to write a letter of explanation to the Treasury. Mr. King lays the blame for the price uptick largely at the feet of idiosyncratic factors. These include the Jan.
Wednesday, February 17th, 2010
"China sees a clear link between America's ability to stand up for human rights and its economic interests—and Beijing isn't afraid to exploit it. Mr. Weiqun was bluntly reminding the U.S.
Wednesday, February 17th, 2010
The Atlas Economic Research Foundation and the Sound Money Project welcome Dr. Judy Shelton as a new Senior Fellow. As an economist specializing in global finance and monetary issues, Dr.
Wednesday, February 17th, 2010
"Reserve Bank of India (RBI) Governor D Subbarao expressed is fears that the stimulus packages rolled out by central banks and governments to resolve the global financial meltdown, could lead to another financial debacle.
Wednesday, February 17th, 2010
"Australia's inflation target band is a touch higher and more flexible than those of most other advanced economy central banks, such as the Bank of England's 2 per cent target. But this has still delivered relatively stable and low inflation in the face of wide swings in the Australian dollar.
Monday, February 15th, 2010
"Why did the U.S. financial system nearly collapse last year? People blame Wall Street’s excessive greed and risk-taking. But without easy money, the massive risk-taking could not have happened. To be sure, financial firms leveraged up—that is, they did a lot of business with borrowed money.
Friday, February 12th, 2010
In an op-ed for the Wall Street Journal, Fed Chairman Ben Bernanke commented on his “exit strategy”.