Good as Gold

“A book more than worth its weight in gold. Shelton obliterates the wrong-headed, opportunity-killing ideas that currently have a vice-like grip on central bankers and economic policymakers. Then she lays out a new way forward to achieving sound money–the absolute requisite for a genuinely prosperous, free-market future. A masterful achievement.”–Steve Forbes, chairman and editor-in-chief, Forbes Media“In her book Good as Gold, Judy Shelton explains what was lost after the gold-backed Bretton Woods system was abandoned by the Nixon administration. Stable money is a pillar of the supply-side agenda for achieving productive economic growth. We need a dollar that is a world currency, that’s for sure–one that provides a reliable store of value at home and is recognized as the world’s most respected monetary standard for international trade and investment. Judy Shelton shows us how to achieve both.”–Arthur B. Laffer, Ph.D.“In 1997, Judy Shelton’s mentor, the Nobel laureate Robert Mundell, proclaimed that ‘gold will be part of the international monetary system in the twenty-first century.’ In a clear and persuasive way, Shelton’s Good as Gold provides a road map for the United States to follow, leading the way to Mundell’s promised land.”–Steve H. Hanke, professor of applied economics, Johns Hopkins University“Judy Shelton’s brilliant plan for the redemption of the U.S. dollar couldn’t be timelier. A 24-karat broadside in the service of sound money, world prosperity, and–who dreamt it was possible?–the ennoblement of American politics.”–James Grant, publisher, Grant’s Interest Rate Observer

Judy Shelton is a senior fellow at Independent Institute, former chairman of the National Endowment for Democracy, and former U.S. director of the European Bank for Reconstruction and Development. She has provided testimony before the Senate and has been consulted on international monetary issues by the White House and the Pentagon. She holds a PhD in business administration from the University of Utah and received a postdoctoral fellowship from the Hoover Institution at Stanford University. She is the author of multiple books and has written for the Wall Street Journal and Financial Times.