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 Financial Crisis, In Rhyme Form”
“The volume of mortgages written back then Stunned imaginations. In a single quarter in 2003, A trillion in originations! But something happened late that year That caused long rates to […]
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“Money and the Present Crisis”
“It is largely a myth that unregulated financial capitalism failed and new regulation is needed. Aside from health care, financial services is the most heavily regulated industry in the economy. […]
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“An International Monetary Fund Currency…”
“To alleviate the global recession, the G-20 group of nations recently agreed to authorize the International Monetary Fund to allocate $250 billion worth of Special Drawing Rights — the IMF’s […]
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“Argentina Seizes the Central Bank”
“After a month of wrangling, Argentine President Cristina Kirchner succeeded in sacking central bank President Martin Redrado last week. In his place she named Mercedes Marcó del Pont, a Yale-trained […]
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It’s October 1931
“We are now more than two years into the Great Recession, which began in December 2007. In the Great Depression, this was the point where the Fed decided to raise […]
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Henry Hazlitt’s “Lenin Was Right”
Our friends at the Foundation for Economic Education have started a From The Archives blog. The intent is to pull content from their substantial archives (featuring many famous economists such […]
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“How Did We Get Into This Mess?”
“As policymakers confront the ongoing U.S. financial crisis, it is important to take a step back and understand its origins. Those who fault “deregulation,” “unfettered capitalism,” or “greed” would do […]
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“Shughart: Bernanke agonistes”
“Mr. Bernanke has become something of a lightning rod for critics on the left, who think his response to the financial crisis that triggered the recession has been too timid, […]
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“Financial Crisis and Public Policy”
“This Policy Analysis explains the antecedents of the current global financial crisis and critically examines the reasoning behind the U.S. Treasury and Federal Reserve’s actions to prop up the financial […]
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“China Cools Lending Pace”
“China hopes cooling the pace of lending will keep its economy growing without creating inflation and overheating.” See the CNN video here. “China Cools Lending Pace” CNN, January 25, 2010.
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“The Fed’s Anti-Inflation Exit Strategy Will Fail”
“Federal Reserve Chairman Ben Bernanke has explained his exit strategy to prevent future inflation. The Fed recently began to pay interest to banks on the reserves they hold in their […]
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A History of the Federal Reserve: 1913-1951
“A history of the Federal Reserve is a history of the decisions made and the ideas that prompted them. The chapters that follow allow the participants to explain their action […]