Renowned Economist and Author Judy L. Shelton Joins the Independent Institute as Senior Fellow: News Releases: The Independent Institute

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News Release
March 25, 2021

Renowned Economist and Author Judy L. Shelton Joins the Independent Institute as Senior Fellow

Oakland, CA—The Independent Institute is very pleased to announce that the renowned financial and monetary economist Judy L. Shelton has joined the organization as Senior Fellow. For decades, Dr. Shelton has been a leading advisor on domestic and international economic and financial issues to key officials at the White House, U.S. Congress and the Pentagon.

“We welcome Judy’s extensive expertise on the need for market-based sound money and finance along with major tax cuts and deregulation as essential to economic growth and job creation,” said David J. Theroux, Founder and President of the Independent Institute. “Her insightful work on the need to rein in the power of the Federal Reserve and restore sound finance is being accepted more widely each and every day.”

Former Chairman of the National Endowment for Democracy and former U.S. Director of the European Bank for Reconstruction and Development, she has frequently been asked to testify before the U.S. Senate Banking, Senate Foreign Relations, House Banking, House Foreign Affairs, and Joint Economic Committees. She also served as an economic advisor to the National Commission on Economic Growth and Tax Reform chaired by Jack Kemp, taught international finance as a professor at the DUXX Graduate School of Business, Monterrey, Mexico, has served on the board of directors for Hilton Hotels and Atlantic Coast Airlines, and was a founding member of the board of directors of Empower America.

Finally, Dr Shelton was an economic advisor to the 2016 presidential campaign of Donald J. Trump, who in February 2020 nominated her to the Board of Governors of the Federal Reserve System.

Dr. Shelton is the author of The Coming Soviet Crash: Gorbachev’s Desperate Pursuit of Credit in Western Financial Markets, Money Meltdown: Restoring Order to the Global Currency System, A Guide to Sound Money and Fixing the Dollar Now, and her popular articles have appeared in The Wall Street Journal, Financial Times, The Hill, and The Weekly Standard. She holds a Ph.D. in business administration, with an emphasis on finance and international economics, from the University of Utah.

To interview Judy L. Shelton, contact Robert Ade, [email protected], or (510) 632-1366 ext. 114.


100 Swan Way, Oakland, CA 94621-1428

The Independent Institute is a non-profit research and educational organization that promotes the power of independent thinking to boldly advance peaceful, prosperous, and free societies grounded in a commitment to human worth and dignity. For information, visit

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