MONETARY MANIPULATION WON’T BRING ABOUT STABILITY

August 28, 2015

As the world carefully watches the markets after a large decline in the stock market, a group of central bankers is meeting in Wyoming to decide what sort of monetary manipulation should be enacted next. Another group is also gathered in Wyoming this week, including the likes of Judy Shelton, co-director of Atlas Network’s Sound Money Project; Thomas Hogan, chief economist of the U.S. Senate Committee on Banking, Housing, and Urban Affairs and former Atlas Network senior fellow; and Alex Chafuen, president of Atlas Network, among others. This second group is part the parallel Fed conference, The Jackson Hole Summit.

READ MORE

TURKEY’S COMPLICATED STRUGGLE FOR A BETTER DEMOCRACY

August 24, 2015 | by Dr. Atilla Yayla

Turkey had its general elections on June 7. No party garnered sufficient seats in the parliament to set up a single-party government. The Justice and Development Party (AKP), which has been in power for the last 13 years, lost its majority. After the election, Turkey faced two options: Either to set up a coalition government of at least two parties or to hold new elections, probably this November. Efforts for a coalition government failed, and it is now certain that the country will renew general elections in early November.

READ MORE

MEASURING AND REDUCING INDIA’S COST OF DOING BUSINESS

August 24, 2015

The best entrepreneurial ideas are all pointless if an impenetrable bureaucracy stands in the way of bringing those ideas to market. Minimizing the regulatory cost of doing business is one of the most crucial steps on the road to a thriving economy, enabling people to meet each other’s needs and create new value through market transactions. That’s why India-based Atlas Network partner the Centre for Civil Society (CCS) is tackling the issue as one of the 16 recipients of Atlas Network’s 2015 Leveraging Indices for Free Enterprise Policy Reform grant opportunity.

READ MORE

UPHOLDING LOCAL PROPERTY RIGHTS TO SUSTAIN INDONESIAN FORESTS

August 24, 2015

When resources are located on public commons, they become subject to a perverse incentive structure that can lead to consistent depletion over time. Governments often pass laws with the intention of reining in overconsumption of resources extracted from public land, but government officials at the national level lack the proper incentive structure and knowledge of local conditions to manage public and common goods. Such is the case with the forests of Indonesia, which hold environmental and commercial significance not just for the country itself, but also for the rest of the world.

READ MORE

VICTIMS OF INTRUSIVE POLITICAL INVESTIGATION VINDICATED BY WISCONSIN SUPREME COURT

August 23, 2015

Freedom of expression, especially speech about matters of political and personal conscience, has been designated as one of the foremost individual rights in the United States since the Bill of Rights to the U.S. Constitution was first adopted. Still, public officials have often tried to stamp out the speech of their political opponents. Atlas Network partner the MacIver Institute reports that the Wisconsin Supreme Court has overturned a politically charged investigation of fiscally conservative organizations in the state that was spearheaded by Milwaukee’s district attorney — an investigation that lasted for years and included gag orders that violated the freedom of speech for its many targets.

READ MORE

THE DIGITALIZATION OF ‘THE MYSTERY OF CAPITAL’

August 20, 2015

Property rights are often insecure in developing nations. Entrepreneurs need a reliable rule of law to make business plans, but legal title to land and other resources may be unavailable to them in many nations. An initiative called “The Blockchain, Bitcoin and Property Rights Project” from Peruvian Atlas Network partner Instituto Libertad y Democracia (ILD) aims to demonstrate how people can productively combine and protect their assets with blockchain technology, which drives the bitcoin digital currency.

READ MORE

ALA GRAD REACHES NEXT GENERATION OF CANADIAN STUDENTS

August 20, 2015

From its founding, Canada has had a rich tradition of classical liberal principles at its core, which is why Atlas Network partner the Institute for Liberal Studies (ILS) founded Freedom Week, a five-day seminar for students to explore the ideas of liberty through lectures and discussions with professors from leading universities in Canada and the United States. ILS recently wrapped up its second annual Freedom Week, with Atlas Leadership Academy (ALA) graduate Janet Neilson leading the effort to teach students about the classical liberal foundation of Canadian society and the application of these ideas to current issues and societal challenges.

READ MORE

INTERNATIONAL MONETARY SANITY WOULD COMBAT CURRENCY DEBASEMENT

August 18, 2015

When China’s central bank devalued its currency last week, it effectively flooded international markets with artificial price signals that are based on manipulation rather than on production efficiency or quality. This type of arbitrary government discretion over the value of money is symptomatic of a larger flaw in worldwide monetary trade, argues Judy Shelton, co-director of Atlas Network’s Sound Money Project, in a new analysis for The Hill.

READ MORE