Roads to Sound Money

While the United States still goes through a frail and feeble economic recovery and the Euro faces severe problems of its own, monetary policy ought to be one of the first items in the economic reform agenda. At a time when the Federal Reserve continues to engage in unprecedented discretionary behavior and the United States faces a fiscal cliff, the message that the nine contributors to this book are trying to convey is more important than ever.

The authors in this book analyze the current monetary regime, both at home and abroad, to address these issues. Together, their contributions provide lessons taken from monetary history and offer proposals for long-term reform that will help to restore the morality of money, to reaffirm its essence.

All of these contributions serve to provide a broad spectrum of proposals for improving the current monetary system – but even more, they lay the groundwork for more sweeping reforms. The Atlas Economic Research Foundation is pleased to further the aims of the Sound Money Project through this compendium of insightful perspectives and innovative recommendations. We are delighted to have partnered with these eminent authors and hope their thoughtful suggestions will enliven the debate on the need for broad monetary reform. The ideas presented herein should be discussed in further detail so that we can move vigorously forward toward the goal of achieving sound money.

About the Editors

Judy Shelton

Judy Shelton is an economist with expertise in global finance and monetary issues. She is co-Director of the Sound Money Project at the Atlas Economic Research Foundation. Author of The Coming Soviet Crash (1989),  Money Meltdown (1994) and Fixing the Dollar Now (2011), her international economics articles have been published by The Wall Street Journal, New York Times, Washington Post, Financial Times, Nihon Keizai Shimbun and El Economista. Dr. Shelton holds a Ph.D. in business administration from the University of Utah.

Read Judy’s full bio.

Alex Chafuen

Alex served as President and CEO of Atlas from 1991-2009, and was elected to its Board in 2009. He is also the president and founder of the Hispanic American Center of Economic Research and is the author of Faith and Liberty. He serves on the boards of the Chase Foundation, the Acton Institute, and the Fraser Institute. A graduate of the Argentina Catholic University, he was Associate Professor at the Argentine Catholic University, University of Buenos Aires, and The Hispanic American University, CA. He recently became a Trustee for Grove City College, PA.

Good monetary policy, which is essential for good jobs at good wages, is not inherently a partisan issue – Forbes. Read the article here.

To order large quantities or for other special requests, contact Gonzalo Schwarz at To learn more about the Sound Money Project, visit

Special thanks to the Searle Freedom Trust for financing this book.

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