Working Paper Series, Volume 1 Issue 4
The fourth issue of the AIER Sound Money Project Working Paper Series is available online. AIER is currently ranked 149th on SSRN’s Top 1,600 Entrepreneurship Research & Policy Network Organizations.READ MORE
The Economic and Moral Imperative of Sound Money
AIER’s Sound Money Project has quickly established itself as a leading authority in monetary economics.READ MORE
Monetary Policy Coordination: What Could Go Wrong?
There are two reasons monetary policy cooperation might backfire.READ MORE
The War on Cash: What Do You Have to Hide?
Banning cash is inconsistent with the liberal tradition. It is the way of despots.READ MORE
Intrinsically Worthless to Whom?
Money is not about one person in isolation. It is social.READ MORE
Why Do Mobile Money Services Cooperate?
To anyone familiar with free banking systems, the answer is obvious.READ MORE
M-PESA Goes Global
Customers can now send mobile money to those on competing networks.READ MORE
Why Do Central Bankers Change Their Tune?
If we want sound money, we cannot afford to ignore the political process.READ MORE
Separating the Technology of Bitcoin from the Medium of Exchange
The high price of bitcoin serves as a reminder of its rigid supply, which might ultimately be its undoing.READ MORE
Central Bank Independence and a Trumped Up Fed
Economists might wish it were otherwise, but the Fed is not independent.READ MORE
Do the Origins of Money Matter?
A whirlwind tour through alternative theories would seem to suggest one fits much more comfortably with a pro-liberty worldview than another.READ MORE
Liquidity and Endogenous Money
Financial innovation reduces the costs of transacting and storing wealth.READ MORE