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
|
There are two reasons monetary policy cooperation might backfire.
|
Banning cash is inconsistent with the liberal tradition. It is the way of despots.
|
To anyone familiar with free banking systems, the answer is obvious.
|
If we want sound money, we cannot afford to ignore the political process.
|
The high price of bitcoin serves as a reminder of its rigid supply, which might ultimately be its undoing.
|
Economists might wish it were otherwise, but the Fed is not independent.
|
A whirlwind tour through alternative theories would seem to suggest one fits much more comfortably with a pro-liberty worldview than another.
|
Financial innovation reduces the costs of transacting and storing wealth.
|
Cash can be converted to goods all but instantly, but provides the holder of cash no interest.
|
Indians accomplished in mere months something that took Europeans ten years.