Thomas Paine’s Forgotten Paper Money Takedown
“Money is Money, and Paper is Paper. All the invention of man cannot make them otherwise.” With those words, Thomas Paine went after what he saw as one of the greatest scams in history: governments claiming that paper is money. Through a series of...
Reversing Gresham’s Law: How Sound Money Could Drive Out Fiat
Gresham’s Law is an economic maxim that states “good money” drives out “bad money.” But under the right circumstances, it might be possible to reverse Gresham and do the opposite. Named in 1857 by economist Henry Dunning Macleod after Sir Thomas Gresham, an English...
The Best and Worst States for Sound Money
The newly released 2025 Sound Money Index has identified Wyoming, South Dakota, and Alaska as the states with the most favorable policies toward constitutional sound money, while Vermont, Maine, and California take the most hostile stances. Released annually by...