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.
Let’s Talk Some Monetary Theory and the Trade Cycle
“For the graduate students, my focus is both to communicate the basic idea (and research puzzles) of how to study intertemporal coordination. I have asked them to think about the […]
Real Banking Reform? End the Federal Reserve
“The next major question that needs to be asked is: How do they know? These are the same politicians whose time horizon goes no further than the next election day, […]
Market Interest Rates Need to Tell the Truth
“In the free market, interest rates perform the same functions as all other prices: to provide information to market participants; to serve as an incentive mechanism for buyers and sellers; […]
The Origins of the Federal Reserve
“Where did this thing called the Fed come from? Murray Rothbard has the answer here — in phenomenal detail that will make your head spin. In one extended essay, one […]
“Gambling with Other People’s Money”
“Beginning in the mid-1990s, home prices in many American cities began a decade-long climb that proved to be an irresistible opportunity for investors. Along the way, a lot of people […]
The Attack on Sound Money
On April 9, 2010, the Atlas Economic Research Foundation held a Teach Freedom Initiative conference at the Sheraton Society Hill Hotel in Philadelphia. The theme of the conference is “The […]
Lawrence H. White – What Type of Inflation Target?
“For much of monetary history, inflation targeting was unnecessary. There was no need to worry about constraining the central bank’s inflationary proclivities because no central bank existed. The quantity of […]
Lawrence H. White – Sound Money and Free Banking
On April 19, 2010, the Atlas Economic Research Foundation and the GMU Economics Society hosted a lecture by Lawrence H. White. Dr. White presented on the subject of sound money, […]
Gene Smiley – Rethinking the Great Depression
In this great little book, U.S. economic historian Gene Smiley presents the most recent economic historiography on the Great Depression. He concludes that the crisis was caused by the economic […]
“A Three-Point Plan to Save the Euro”
“The rescue package requested by Greece will, if endorsed, buy the eurozone six months, perhaps a year at most. By then, the Greek government will have exhausted the aid and […]
“Senate Ends Financial-Bill Standoff”
“Lawmakers ended the three-day standoff holding up action on the financial-overhaul bill, setting up a Senate debate in which both sides will be maneuvering for advantage. The breakthrough came in […]
What Austrian Economics Can Tell Us about the Crisis
The recent financial crisis has called into question several basic tenets of mainstream macroeconomics. In the words of William White, former chief economist of the Bank for International Settlements (BIS), […]