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. The Sound Money Project also hosts an annual essay contest. 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. JordanGerald P. O’Driscoll, Jr., Lawrence H. White
Director: William J. Luther
Senior Fellows: Gerald P. DwyerJoshua R. Hendrickson
Fellows: Scott A. Burns, James L. Caton, Nicolás Cachanosky, Judge GlockAlexander W. Salter
Contributors: Brian C. Albrecht, J.P. Koning

Book Review Supplement

– January 16, 2019

Research Reports – 09/13/1954 Human Action, A Treatise on Economics, by Ludwig von Mises


August Business Conditions Monthly

– August 20, 2018

AIER’s Business Cycle Conditions Leading Indicators index eased back in July, registering a 79 following a 92. The Roughly Coincident Indicators index returned to a perfect 100 reading while the Lagging Indicators index fell to 83 (see chart below). De …


AIER Everyday Price Index Falls 0.1 Percent as a Drop in Gasoline Overshadows a Rise in Food

– August 10, 2018

AIER’s Everyday Price Index fell 0.1 percent in July while the Consumer Price Index was unchanged for the month. The EPI measures price changes people see in everyday purchases such as groceries, restaurant meals, gasoline, and utilities. The EPI is no …


Breaking the Banks: Central Banking Problems and Free Banking Solutions

– July 24, 2018

Economic Education Bulletin Vol. XXX, no. 6 | April, 1990 by Richard Salsman