Money and Banks

Delivered at the Mises Institute’s 25th Anniversary Celebration, 13 October 2007, in New York City.

In the early ‘40s a group of prisoners were forced to participate in a secret counterfeiting project spearheaded by the Nazi SS called

Publisher Wiley Business Finance has released a new book, Gold: The On

From today’s New York Times:

Temporarily, just organizations and individuals that owe truckloads of debt, namely the US government (although, the debt still exists).

In testimony before the House Commit

In an opinion piece on Bloomberg

Given the wide variety of assets it can accept (in particular, non-AAA MBS), the Fed also has the potential to get itself into plenty of trouble, the sort of trouble that might require it to seek an even larger expansion of its powers.

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