Money and Banking

"No one is in a position to restrain the president, the Congress, or the courts so long as the dollar is as printable as paper."

Two weeks ago marked the 60th anniversary of a prescient essay (pdf) promoting gold as redeemable

Ohio has effectively

Monetary calculation is the guiding principle of action in any society with a division of labor.

Capitalism should not be condemned, since we haven't had capitalism.

Someone asked for handout on inflation to pass out in front of the Fed. This is quick.

A cartoon printed in Percy Greave’s Understanding the Dollar Cri

The Federal Reserve System virtually controls the nation's monetary system, yet it is accountable to no one.

The new banking policy in Second Life has strong parallels to the adoption of 19th-century banking regulations in the real world.

The complete transcript of the Institute's famous documentary on the Federal Reserve.