Archive for the ‘Resources’ Category

Bulgaria’s Currency Board versus Ukraine’s Chaos

By Steve H. Hanke When Communism inevitably and finally collapsed, Bulgaria’s economy was a basket case – behind almost all other communist basket cases, including Ukraine’s. Indeed, Bulgaria defaulted on its debt in 1990. By February 1991, Bulgaria had broken out in a bout of hyperinflation,...
February 28th, 2014 | Popular Articles, Resources | Read More

QE is a Mistake—a Big One

by Allan H. Meltzer, Carnegie Mellon University and Hoover Institution With $2.5 trillion sitting idle on bank balance sheets and more than $2 trillion additional sitting on corporate balance sheets, we should expect the Federal Reserve to ask: What can more quantitative easing—QE—do that banks and...
February 26th, 2014 | Popular Articles, Resources | Read More

Notes on the Establishment of a Money Unit

Notes on the Establishment of a Money Unit
Atlas is pleased to announce the release of a new, limited edition reprinting of Thomas Jefferson’s Notes on the Establishment of a Money Unit, with original photographs of the 1784 text. Envisioned by Atlas Senior Fellow Judy Shelton, this unique and beautifully crafted book provides the historical...
February 11th, 2014 | Featured | Read More

Thoughts on Jefferson and the Dollar at Monticello

Thoughts on Jefferson and the Dollar at Monticello
The following speech was given by Dr. Judy Shelton on January 30th, at the Jefferson Library in Thomas Jefferson’s Monticello: [Dr. Shelton] Thank you very much, very pleased to be here. It’s an honor to be introduced by Andrew O’Shaughnessy… I taught with your father, who is professor emeritus...
February 11th, 2014 | Commentary, Featured, Resources, Scholars' Corner | Read More

Prof. Bernanke’s Monetary Mess

By Steve H. Hanke             Most who have graded Prof. Ben Bernanke’s twelve years at the Federal Reserve have issued marks which range from A to a gentleman’s C. I think those marks are much too generous. Indeed, I think a failing mark would be more appropriate. In the ramp up to Britain’s...
January 22nd, 2014 | Popular Articles, Resources | Read More