#JacksonHoleSummit press release from American Principles Project

[Editor’s Note: this is for the event later this week. Please spread the word using hashtag #JacksonHoleSummit on Twitter]


Leading Center-Right Groups to Gather in 
Wyoming Next Week to Tackle Monetary Policy
 Heritage Foundation, Cato Institute, Atlas Network, 
Young America’s Foundation, and Englands The Cobden Centre to join 
American Principles Project at historic event


Jackson Hole, Wyoming — A group of high profile center-right organizations, including Heritage Foundation, Cato Institute, Atlas Network, Young America’s Foundation, and England’s The Cobden Centre will join the American Principles Project at its Jackson Hole Economic Summit next week to analyze recent actions taken by the Federal Reserve, challenge prevailing economic wisdom, and discuss alternative options to discretionary monetary policy.

The Jackson Hole Summit will take place on August 27-29, 2015 in Jackson Hole, Wyoming, directly opposite of the Federal Reserve Bank of Kansas City’s annual Jackson Hole Symposium, the flagship conference of the Federal Reserve System.

More than two dozen high profile speakers are set to present at the Jackson Hole Summit to challenge the Federal Reserve’s discretionary monetary policy head on.

Max Rangeley, Editor of England’s The Cobden Centre, who will be presenting at the event said, “We are seeing tempestuous markets around the world largely as a result of unorthodox monetary policy. A broader range of solutions need to be examined, including commodity-backed money, non-discretionary monetary policy and the increasing integration of private digital currencies into the financial system. The Jackson Hole Summit is the first of its kind and means that many of the theories which have hitherto been ignored by the establishment, such as those of Friedrich von Hayek and Ludwig von Mises, can be given the attention they deserve.”

Steve Lonegan, Director of Monetary Policy at American Principles Project, also commented saying, “This historic event will feature some of the best economic minds to analyze alternative options to current Federal Reserve policies. We will challenge prevailing wisdom and show how the Federal Reserve’s policies have negatively impacted wage growth and contributed to the rising cost of living. There’s no doubt that America faces several hurdles when it comes to fixing the economy, but our hope is that the Jackson Hole Summit will be a launch pad for a substantive national conversation about monetary policy.”