Money and Banks

Recorded at Mises University 2003.

Recorded at the Mises Institute, May 1994.

Recorded at the 2003 Supporters Summit: Prosperty, War, and Depression.

(24:29)

Recorded at Mises University 2001.

Recorded at Mises University 2003.

Profit is total revenue minus total costs. Ours is not just a profit system, it is a profit and loss system. Losses are a sign that you wasted land, labor, or capital, yet those who make profits are criticized.

John P.

Recorded at Mises University 2003.

Professor Roger Garrison discusses Time and Money at the 2002 Austrian Scholars Conference.

Before there was the Federal Reserve there was the second Bank of the United States (1817–1836). Since the late nineteenth century, historians and economists have lauded this institution for its salutary control over the currency, its regulation of the state banks, its prudent stewardship of the government’s funds, and its example of a fruitful private/public partnership in the field of central banking.