Friday, 22 September 2017

Monthly Archives August 2015

About the Greek losses

Posted by Jerry Jordan
August 26, 2015
in Blog

Economists and accountants don’t think about financial losses the same way. When a person buys an asset, such as shares of a company on the stock market, and then sees the price of the shares fall below the purchase price, an accountant will say the loss is not “realized” unless and until the shares are […]

Read More

David Stockman’s The Great Deformation: The Corruption of Capitalism in America

Posted by Jerry Jordan
August 25, 2015
in Blog

This book review originally appeared in the Cayman Financial Review For six years I’ve told audiences (and even more than a few social acquaintances who would listen) that the 2008-09 Global Financial Crisis was not “The Big One.” In time, people will look back on that episode as relatively minor and fairly short-lived compared to the […]

Read More

Op-ed: Time to restore sanity to the world’s monetary system

August 19, 2015
in Blog

Earlier this week, Dr. Judy Shelton published a piece in The Hill that shed light on one of the world’s most pressing, yet least discussed, issues: our global monetary system. Using China’s decision to devalue its currency as a starting point, Dr. Shelton explores how central bank discretion around the globe creates an economic reality where nations […]

Read More

Op-ed: It’s time for millennials to reclaim money’s moral high ground

August 12, 2015
in Blog

This morning in TownHall Finance, I made the claim that millennials must to reclaim money’s moral high ground. Young people today champion many causes- ranging from gun rights to school choice- but seem to ignore one issue that affects most of their daily interactions: The Federal Reserve’s discretionary monetary policy. This is polemic because: [M]oney plays a prominent role […]

Read More

Announcing sound money research grant opportunities

August 12, 2015
in Blog

Sound Money Research Grants  “The economic and moral arguments for sound money” The Atlas Network is proud to sponsor a research grant opportunity for students, young faculty and policy experts who are interested in championing the cause of sound money and a better understanding of sound monetary institutions.  Description: The Atlas Network is sponsoring four research grants in […]

Read More

Announcing the sound money essay contest

August 10, 2015
in Blog

Sound Money Essay Contest “The economic and moral arguments for sound money” The Atlas Network’s Sound Money Project is proud to sponsor an essay contest for students, young faculty and policy experts who are interested in championing the cause of sound money and a better understanding of sound monetary institutions. Description: The Atlas Network’s Sound […]

Read More

Op-ed: The financial deregulation that never was

August 10, 2015
in Blog

This piece was originally published by Forbes.com By Norbert Michel Why do I write so much about the myth that financial market deregulation caused the financial crisis? Because that false narrative has spread so far and wide. Even some folks who are otherwise friendly to free-markets have bought into it. So here’s one more shot: financial markets were not […]

Read More

The gold standard

Posted by William Luther
August 10, 2015
in Blog

The gold standard is a commodity money standard where gold and gold-redeemable assets serve as money. The monetary unit is defined as a particular weight and fineness of gold. For example: $1 = 1/20 oz of gold. Here’s an excellent video on the gold standard featuring Lawrence H. White. Sometimes the gold standard is described […]

Read More

Money and the rule of law

August 7, 2015
in Blog

When people think of monetary economics, they tend to do so in the context of macroeconomics. The questions that are most often addressed have to do with the effects of particular monetary institutions or policies towards output, employment, inflation and other macro variables of interest. There is nothing wrong with this. In fact, understanding the macroeconomic effects […]

Read More

On cryptocurrencies

Posted by William Luther
August 5, 2015
in Blog

Cryptocurrencies are digital monies (or, potential monies) that rely on cryptography to keep transactions secure and govern the supply over time. The most popular cryptocurrency to date is bitcoin. There are many others (usually referred to as AltCoins), including ripple, litecoin, and dogecoin. Following bitcoin, most cryptocurrencies are based on a publicly viewable ledger known […]

Read More