Topic: Sound Money Project

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 …

Sound Money Project

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 …

Sound Money Project

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 …

Sound Money Project

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 …

Sound Money Project

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 …

Sound Money Project

Announcing the sound money essay contest

– August 10, 2015

Sound Money Essay Contest “The economic and moral arguments for sound money” The Atlas Network’s Sound Money Project is proud to sponsor an essay contest for students, young faculty and policy experts who are interested in championing the cause of soun …

Sound Money Project

Op-ed: The financial deregulation that never was

– August 10, 2015

This piece was originally published by Forbes.com By Norbert Michel Why do I write so much about the myth that financial market deregulation caused the financial crisis? Because that false narrative has spread so far and wide …

Sound Money Project

The gold standard

– August 10, 2015

Most modern advocates for a gold standard refer back to the international classical gold standard, which lasted from roughly 1870 to 1913. In addition to providing an endogenous money supply, the international gold standard enabled individuals from different countries to trade with one another in the absence of exchange rate risk because they were all employing the same commodity as money.

Sound Money Project

Money and the rule of law

– August 7, 2015

When people think of monetary economics, they tend to do so in the context of macroeconomics. The questions that are most often addressed have to do with the effects of particular monetary institutions or policies towards output, employment, inflation …

Sound Money Project

On cryptocurrencies

– August 5, 2015

Cryptocurrencies are digital monies (or, potential monies) that rely on cryptography to keep transactions secure and govern the supply over time.

Sound Money Project

Why NGDP targeting?

– July 22, 2015

One of the most important questions in the field of monetary economics is “what should a central bank do?” It is only after this question is answered that one can begin to think about how a central bank should go about achieving its various target rate …

Sound Money Project

Currency boards and dollarization

– July 20, 2015

Sometimes sound money has to be imported from abroad. Some countries, like Ecuador, are dollarized. Ecuador dollarized its economy in the year 2000. Others countries don’t go that far, but get quite close, by imposing currency boards. During the 1990s, …