Topic: Sound Money Project

Federal Reserve of New York 1922

Op-ed: It’s time to reconsider the Fed’s Dual Mandate

– September 18, 2015

By Jared Meyer and Johannes Schmidt This piece originally appeared on All this week, people anxiously awaited results from the Federal Reserve’s Federal Open Market Committee meeting in Washington, D.C. Though many expected the FOMC would de …


Op-ed: Don’t ask if the Fed will raise interest rates, it’s the wrong question

– September 16, 2015

Central banks are vested with a tremendous amount of economic power, but there’s no real reason to think that they wield that power wisely. As the U.S. Federal Reserve’s Federal Open Market Committee begins its scheduled meeting, Atlas Network Sound Mo …


The moral obligation of monetary policy

– September 14, 2015

When the monetary authority fools people into thinking inflation will be lower than it turns out to be, individuals produce more than they would if they had not been fooled.

Jerome Powell

A different kind of monetary control

– September 9, 2015

This piece was written in response to a recent Financial Times editorial. Have you ever doubted the real reasons governments throughout history and all over the world want to control what ‘we the people’ choose to use “as money?” The reasons people wan …

question marks, woman

Confusion and contradiction at the Fed

– September 4, 2015

By Michael Belongia and Peter Ireland Over the past several years, Federal Reserve officials have issued multiple and often conflicting statements about whether their federal funds rate target should be increased and, if so, when that change should occ …


Money and the rule of law, continued

– September 3, 2015

In my last post, I argued that monetary regimes should be judged not just on macroeconomic grounds, but also on whether they adhere to the rule of law.  In this post, I want to extend that argument: the rule of law should be the primary consideration f …

Sound Money team

The Sound Money Project takes on the Fed at the Jackson Hole Summit

– September 1, 2015

From left to right: Sound Money Editor Johannes Schmidt, Dr. William Luther of the Sound Money Project, U.S. Senate Banking Committee Chief Economist and former Sound Money Project Fellow Dr. Thomas Hogan, Atlas Network Senior Fellow and Sound Money Pr …


About the Greek losses

– August 26, 2015

Economists and accountants don’t think about financial losses the same way. When a person buys an asset, such as shares of a company on the stock market, and then sees the price of the shares fall below the purchase price, an accountant will say the lo …


David Stockman’s The Great Deformation: The Corruption of Capitalism in America

– August 25, 2015

This book review originally appeared in the Cayman Financial Review For six years I’ve told audiences (and even more than a few social acquaintances who would listen) that the 2008-09 Global Financial Crisis was not “The Big One.” In time, people will …


Op-ed: Time to restore sanity to the world’s monetary system

– August 19, 2015

Earlier this week, Dr. Judy Shelton published a piece in The Hill that shed light on one of the world’s most pressing, yet least discussed, issues: our global monetary system. Using China’s decision to devalue its currency as a starting point, Dr. Shel …


Op-ed: It’s time for millennials to reclaim money’s moral high ground

– August 12, 2015

This morning in TownHall Finance, I made the claim that millennials must to reclaim money’s moral high ground. Young people today champion many causes- ranging from gun rights to school choice- but seem to ignore one issue that affects most of their da …


Announcing sound money research grant opportunities

– August 12, 2015

Sound Money Research Grants  “The economic and moral arguments for sound money” The Atlas Network is proud to sponsor a research grant opportunity for students, young faculty and policy experts who are interested in championing the cause of sound money …