Thursday, 03 September 2015


Blogging by friends of Atlas and others who concerned with the issues at hand.

Money and the rule of law, continued

September 3, 2015

In my last post, I argued that monetary regimes should be judged not just on macroeconomic grounds, but also on whether they adhere to the rule of law.  In this post, I want to extend that argument: the rule of law should be the primary consideration for judging monetary regimes. Macroeconomic issues matter, but should be viewed as […]

Read More

The Sound Money Project takes on the Fed at the Jackson Hole Summit

September 1, 2015

From left to right:Sound Money Editor Johannes Schmidt, Dr. William Luther of the Sound Money Project, U.S. Senate Banking Committee Chief Economist and former Sound Money Project Fellow Dr. Thomas Hogan, Atlas Network Senior Fellow and Sound Money Project Co-Director Dr. Judy Shelton, Atlas Network President Alex Chafuen, and Sound Money Project Manager Gonzalo Schwarz. Money has become so […]

Read More

About the Greek losses

Posted by Jerry Jordan
August 26, 2015

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

Announcing the sound money essay contest

August 10, 2015

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

The gold standard

August 10, 2015

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

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