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.
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. Jordan, Lawrence H. White
Director: William J. Luther
Senior Fellows: Nicolás Cachanosky, Gerald P. Dwyer, Joshua R. Hendrickson, Thomas L. Hogan, Gerald P. O’Driscoll, Jr., Alexander W. Salter
Fellows: J.P. Koning
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The Silk Road trial
It is not clear how the outcome of the Silk Road Trial will affect the bitcoin market.
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Sound money abroad: the Ecuadorian case
Sometimes sound money can be found abroad. Some countries, simply put, cannot or do not want to have reliable monetary institutions. Take the example of Argentina.Since the foundation of the […]
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State of the Union 2015: President ignores monetary policy
Last night, President Obama confidently announced the end to the financial crisis, citing successful financial regulations and promising economic growth figures. That might not be the whole story, however. Almost […]
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Rules and directions
Ben Bernanke once got lost on his way to a meeting in Washington, D.C. When Bernanke stopped to ask for directions, the exchange went something like this
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NGDP targeting: is five percent too much?
That’s the title of a new working paper that you can find here. The topic is closely related to a previous post that I wrote here at the Sound Money Project. In that […]
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Is the euro paper gold?
Unlike paper money–fiat currencies created and issued by governments–the historic superiority of hard money–specie-backed, whether issued privately or by governments–is manifested in the imposed fiscal discipline. James Madison and other […]
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Op-ed: The perils of monetary activism
Investors are seemingly bemused as stock markets continue to underperform in the New Year after “racking up double-digit returns for 2014.” But if the last few years have taught us anything, […]
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2014 Sound Money Rankings: the bottom of the list
As several of the worse performing currencies are in countries where the government manipulates statistics and exchange rates, it is not easy to come up with a perfect ranking. Using […]
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“Bank capital punishment and other nostrums”
Across the globe, governments and their central banks have embarked on a witch hunt against bankers, imposing new capital requirements, regulations and even launching investigations against them. While policy makers […]
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Defending the dollar in Ecuador
This past August, Mary O’Grady made a claim in the Wall Street Journal that few people would argue against when she stated that “few economic injustices are more villainous than stealing […]
