“The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”
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 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...
One of the ways the government maintains its fiat money system is by throwing up legal and regulatory roadblocks to those wanting to use real money. Bringing back gold clause contracts removes one of those barriers. The principle behind a gold clause contract is...
With its monopoly on money, the Federal Reserve is the engine that drives the biggest, most powerful government in the history of the world. But it’s not going to end itself. And Congress almost certainly won’t ever get rid of its money printer. That’s why it’s...
With the adoption of the U.S. Constitution, the American people brought into existence the most unusual way of life in history, one that led to the greatest economic miracle that mankind has ever seen. Americans not only discovered the solution to poverty but also...