Judy Shelton is an economist and monetary policy scholar known for her advocacy of the gold standard and sound money principles. She contributed articles to The Weekly Standard between 2011 and 2016, focusing on monetary policy, currency reform, and the Federal Reserve. Shelton gained wider public attention when she was nominated by President Trump to the Federal Reserve Board of Governors in 2019.
Mervyn King served as governor of the Bank of England from 2003 to 2013—which means that the worst global financial collapse since the Great Depression happened smack-dab in the middle of his watch. What better person to explain what caused that 2008 debacle and how to prevent a recurrence than…
Now that the Senate has approved legislation that would give President Barack Obama authority to complete a trade partnership agreement with Japan and 10 other Pacific nations later this year, the bill moves to the House for further debate. Its ultimate fate is in question, however—not only because…
Republicans are searching for big, bold ideas that will inspire voters to embrace a conservative agenda. To unite its disparate segments, the GOP needs to uphold our nation’s founding principles—a key requirement for Tea Party adherents—while fostering the aspirations of those who believe the…
At first, it was fun—this parlor game of guessing who the Obama administration will appoint as the next chairman of the Federal Reserve. We all assumed it would be Janet Yellen, because she’s a woman. And then suddenly we had Larry Summers all over the leading financial newspapers receiving…
In these days of unprecedented monetary activism by the Federal Reserve, including massive purchases every month of federal government debt, it’s nice to see even a fledgling amount of resistance from attentive citizens. A bill now making its way through the Virginia legislature would establish a…
What are the chances that President Barack Obama and his Treasury secretary, Timothy Geithner, will ever have anything meaningful to say about monetary policy—beyond continuing to try to coax Federal Reserve chairman Ben Bernanke to print ever more dollars to buy up ever more U.S. government…
As the truth-or-dare battle over raising the debt ceiling moves toward a resolution of some sort, we are witnessing a unique political moment, with attention finally riveted on our nation’s fiscal future. We are about to learn whether there is such a thing as fiscal responsibility in a democracy…