Money and Banks

Around 1906, Jacob Schiff and his relative Paul Warburg rally the American Bankers Association and its leading commercial bankers behind banking reform.

The theory put into practice: imposing the gold-exchange standard on U.S. dependencies and client states administered by a cadre of economists and academics and tying client currencies to the dollar.

Rothbard shows how Conant’s claim that mature economies must export capital abroad linked banking reform to economic imperialism.

Treasury secretaries Lyman Gage and Leslie Shaw used government deposits to aid the banks and inch the country toward central banking.

The first organized big-business push for banking reform.

Why the nation’s big banks grew dissatisfied with the post–Civil War National Banking System.

To help mark the passing of former Federal Reserve Chairman Alan Greenspan, we run this 2001 piece from Dr. Joseph Salerno, who understood the Greenspan fraud long before "The Maestro" tanked the US economy by setting off the Housing Bubble.

On the day Greenspan died, this 2001 essay by Joseph T. Salerno deserves a second life. It documented what the mainstream refused to see.

Bob sits down with economist Emmanuel Maggiori to discuss his new book that engages MMT on its own terms, drawing on the MMTers' own textbook, papers, and responses to critics.

In Graham Moore’s The Wealth of Shadows, John Maynard Keynes is a hero for his monetary manipulations. However, in the real world, the economics of Keynes has brought economic ruin.