Earlier today, George Selgin, Director of the Cato Institute’s Center for Monetary and Financial Alternatives announced the launch of the Center’s new blog, “Alt-M.” We at the Sound Money Project are excited to continue to work with Dr. Selgin and his team to raise awareness throughout the United States about the inherent problems of our […]Read More
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This article appeared in the April 2015 issue of Globe Asia. We are still in the grip of the Great Recession. Economic growth remains anemic and below its trend rate in most parts of the world. And what’s more, this state of subdued economic activity has been with us for over seven years. In the U.S. […]Read More
By Dr. Warren Coats Introduction Since the collapse of the gold standard and the Bretton Woods system in the early 1970s, the resulting international monetary system (IMS) has supported a dramatic growth in world trade and finance remarkably well. Yet the system of market determined or managed exchange rates, which suited well a world […]Read More
This is a guest post from Steve H. Hanke, a Professor of Applied Economics at the Johns Hopkins University in Baltimore, MD and a Senior Fellow and Director of the Troubled Currencies Project at the Cato Institute in Washington, D.C. You can follow him on Twitter: @Steve_Hanke Shortly after the current Great Recession started, I […]Read More
As Professor Steve H. Hanke, Professor of Applied Economics at The Johns Hopkins University in Baltimore, notes, Bitcoin “remains a mystery to many.” Luckily for those interested in learning more about the iconic crypto-currency, Hanke has constructed a series of charts that uses data to outline topics such as Bitcoin in circulation, USD exchange trade […]Read More
Governments around the world are grappling with what to do with Bitcoin — the cryptocurrency that has attracted enthusiasts worldwide, endured the bankruptcy of one major exchange (Tokyo-based Mt. Gox), and puzzled fans and detractors alike with regard to its legal status. The Montreal Economic Institute recently published a study that discusses Bitcoin’s potential. In […]Read More