Thursday, 24 July 2014
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    gold bars on dollar bills, symbolic photo for gold reserves, exc

    Steve Horwitz to the defense of the Gold Standard

    July 23, 2014
    Last week, Matt Yglesias outlined seven reasons to think that the Gold Standard is not a viable option, but rather a terrible idea. In an article published by, Steve Horwitz refutes Yglesias point by point, addressing the following claims: 1) A gold standard wouldn’t stabilize inflation 2) A gold standard wouldn’t stabilize exchange rates […]

    Realizing Bitcoin’s potential

    July 22, 2014
    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 […]
    Economy Doodles

    “The Fed Can’t Fix What Ails the Economy”

    July 21, 2014
    Earlier this week, Janet Yellen, Chair of the Federal Reserve, pointed to several points that she felt warranted continued action by the Fed. In an article published today in Real Clear Markets, however, Gerald O’Driscoll notes that monetary policy is not the answer to many of the economy’s biggest problems, perhaps most notably the ever […]
    Bitcoin network blue background

    Bitcoin: A New Medium of Exchange or a New Investment Vehicle?

    July 21, 2014
    By Tien Nguyen Bitcoin has been a significant innovation of electric money for the past five years and with a fascinating and breakthrough characteristic, it is undoubtedly true that Bitcoin is marking a whole new turning point in money’s features, particularly in money transaction. Bitcoin is the first decentralized digital currency and compared to other […]
    Money Rising - Growth Of Investments Or Inflation

    We are Taxed Enough Already

    July 18, 2014
    Today’s T.E.A. party adherents have it right. We are Taxed Enough Already! So why is raising the inflation tax gaining popularity with policymakers around the world? The central idea of post WWII monetary arrangements was that the US dollar would be firmly pegged to gold at a fixed rate and the rest of the world […]
    Doctor Holding Stethoscope Against 100 Usd Banknote

    Tough Questions for the Fed

    July 17, 2014
    This past week, Janet Yellen, chairwoman of the Federal Reserve, delivered her semi-annual monetary policy report to congress, confidently supporting the Fed’s ultra-low interest policies. While critics in the legislature and economists alike were quick to question her unabashed conclusions, market investors continued to exploit capital gains on their portfolios. In her recent article, published […]
    graph or chart in glowing black and gold on a blue gradient grid pattern

    Worst Economic Predictions

    July 15, 2014
    America’s monetary and fiscal policies rest upon the ideas of some of the most prolific economists since the turn of the 20thcentury. Ironically, these economists put their theories to test in making bold predictions, only to be proven dead wrong. #4 Paul Samuelson, 1943 Forecast: Post WWII Great Depression Thanks to Samuelson’s #1 selling economic […]
    Accounting and Finance Law Concept as a Art

    The Politics of Money

    July 14, 2014
    In her latest article in the Weekly Standard, Atlas Network Senior Fellow and Sound Money Project Co-Director Dr. Judy Shelton summons U.S. leaders to “consider profound monetary reform to establish the reliability of America’s currency and help build a new international monetary system,” and not invoke “sound money” as a mere platitude. Dr. Shelton challenges […]