Money and Banking

The Wall Street Journal recently featured a lead article on economist Hyman Minsky:

The Federal Reserve added 31.25 billion dollars in temporary reserves to the US money markets

In the Christian Science Monitor, here is George Selgin:

In his new NBER working paper Martin Feldstein writes that “Reducing the large current account deficit will require both a higher rate of nat

What do rental cars and sports stadiums have in common? Everything, if you live in Kansas City, Mo.

Recorded at Mises University 2007.

Recorded at Mises University 2007.

...it’s easier to use the new $200,000 note issued by

This 1912 book is Mises’ first great theory. Mises agreed with Menger about the spontaneous emergence of money. No government is needed. Mises used a logical proof called the regression theory. It explained why money is demanded in its own right.

Aside from the error identified by Shostak this morning, another error concerning financial markets is th